Fenwick represented Whatnot, a live stream platform and marketplace for collectors and enthusiasts, in its $260 million Series D financing at a valuation of $3.7 billion. The round was led co-led by DST Global and CapitalG with participation from BOND, Andreessen Horowitz (a16z) and YC Continuity .
Whatnot will use the new capital to facilitate continued investment in the in-app live and social commerce marketplace and enable the launch of additional categories for collectors and enthusiasts of all kinds. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partner Mark Leahy, counsel Khang Tran and associates Evan McCormick, Anja Kong and Chelsea Fisher.