Whatnot is raising new capital at a valuation of $1.5 billion, according to a person familiar with the deal. It’s the third round of funding this year for the live-shopping startup and triples its valuation from the last round, according to an estimate from data provider PitchBook.
Existing investors including Andreessen Horowitz are involved in the latest fundraising, the person said. The size of the fundraising and lead investors couldn’t be learned.
