Wednesday, September 23, 2020

GOAT Group Gets $100M More

Los Angeles-based GOAT Group, which operates an online marketplace for collectible sneakers, apparel, and other accessories, has raised another $100M in funding, the company said this morning. The Series E funding was led by D1 Capital Partners. According to GOAT Group, the new funding will go to further accelerate growth across product categories and geographies. GOAT has now raised a total of $290M. The company got its start in 2015 to allow for trading of high end, collectible sneakers; the company has since expanded into apparel and other accessories. The company is led by co-foudner and CEO Eddy Lu. Lu, i a statement, said that there are "significant market opportunities in sneakers, apparel and additional categories through technological innovation". GOAT's other investors include Accel, Foot Locker, Index Ventures, and Upfront Ventures. More information »