Fenwick represented Whatnot, a live stream platform and marketplace for collectors and enthusiasts, in its $150 million Series C financing.
The round was led by Andreessen Horowitz and Y Combinator’s Continuity Fund and new investor CapitalG. They joined angel investors Andre Iguodala, Logan Paul, Gokul Rajaram, Nilam Ganenthiran and others, bringing the company's total funding to $225 million to date.
Whatnot plans to leverage the capital to drive growth in this competitive space. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partner Mark Leahy and included associates Melody Khorsandi and Anja Kong.