FJ Labs reposted this
Exciting News: CollX has raised a $10MM Series A! As part of this round, we are also welcoming MLB superstar Bobby Witt Jr to the team as an investor and ambassador. I am so proud of our team, investors, and collector community on the app for growing CollX to this point. Brand Foundry Ventures and 114 Ventures co-led the A, with Next Coast Ventures, Ben Franklin Technology Partners, FJ Labs participating, alongside our amazing angels, including Nat Turner (CEO of Collectors) Howie Rosman (Eagles GM), David Adelman (Co-Owner of Sixers), Scott Keeney. We now have more than 3 million collectors who add 1 million cards to their collections daily. Even more exciting, we are helping these folks level up in the hobby, including buying and selling via our marketplace (growing 25% MOM), grading (we have become one of the top referrers and affiliate for PSA Collectors ), and breaking (we’re also a top parter for Whatnot, Fanatics Live). We have long said there is a massive pool of 85 million Americans who own cards, and the opportunity to grow, the hobby is by finding ways to activate them. With this next chapter on the CollX story, with amazing folks like Witt on board, we’re excited to do this on a bigger scale. Let’s go! https://lnkd.in/eGQp4JWM