GoldenGolden
Advanced Search
StockX

StockX

An online marketplace to buy & sell verified authentic sneakers, streetwear, handbags, and watches.

StockX is a company that operates an online marketplace selling limited edition and high demand sneakers, streetwear, collectibles, handbags, and watches. It is registered under SoleTrade LLC and was founded in 2015. StockX was founded by Dan Gilbert, Josh Luber, and Greg Schwartz. It is headquartered in Detroit, Michigan, United States.

Service

Stock X's best selling brands range from Adidas and Nike for sneakers, to KAWS and bearbrick for streetwear, to Rolex and Apple for watches. Their products are sold through a bidding process where sellers would set the price they are willing to sell the products for - called an 'ask' - and the buyers would bid until both sides reach an agreement, in which transaction would automatically be made. To ensure product quality, after setting their ask, sellers must send their products to StockX's team of authenticators. The authenticators are based in New York and London. Although sellers can set the initial bid price, buyers have access to the average final price for the same products, based on past bid wins on the site.

Timeline

December 16, 2020
StockX raises $275m Series E, valuing the retailer at $2.8b.

December 2020
StockX raises a $2,800,000,000 series E round from Altimeter Capital, Battery Ventures, DST Global, Detroit Venture Partners, GGV Capital, GV, Galaxy Interactive, General Atlantic, Marcy Venture Partners, Sands Capital Management, Tiger Global Management and Whale Rock Capital Management.
June 26, 2019
StockX raises a $110,000,000 series C round from DST Global.
June 2019
StockX appoints former eBay, StubHub, and NYSE executive Scott Cutler as CEO.
September 2018
$44m Series B

The round was led by GV and Battery Ventures.

September 2018
StockX raises a $44,000,000 series B round from Battery Ventures and GV.

Funding rounds

People

Name
Role
LinkedIn

Greg Schwartz

Founder

Joe Mitchell

Employee

Nick Engvall

Employee

Taryn Watzman

Employee

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Tony Zerucha
July 21, 2021
Crowdfund Insider
Click HERE to find out ⭐ NFT Marketplace 4K Announces $3M Raise. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
July 14, 2021
The Indian Express
The Nothing ear (1) is set to launch in India on July 27 and is going to be priced at Rs 5,999.
Shoshy Ciment
June 7, 2021
Business Insider
As StockX edges toward an initial public offering, Insider highlighted 26 key people leading the company's growth in areas from operations to finance.
Priya Elan
May 15, 2021
the Guardian
Fashion trend sees the plastic shoes dominating the resale market traditionally ruled by trainers
Ben Gilbert
May 11, 2021
Business Insider
Sony has sold nearly 8 million PlayStation 5 consoles already, and re-sellers account for hundreds of thousands of those sales.
StockX
May 5, 2021
www.prnewswire.com:443
/PRNewswire/ -- StockX, the leading global marketplace for high-demand current culture products popular with Gen Z and millennials, today announced the opening...
Shoshy Ciment
May 5, 2021
Business Insider
StockX is opening its first outpost for sneaker authentication in Australia as it goes all in on category diversification and global expansion.
Swigart Law Group, APC
April 22, 2021
www.prnewswire.com:443
/PRNewswire/ -- Last year, a Michigan judge granted a motion to compel arbitration for a class action lawsuit against StockX surrounding the data breach...
Alex Wilhelm
April 17, 2021
TechCrunch
At TechCrunch's Detroit City Spotlight this week, I sat down with Rae Witte, the journalist behind the StockX EC-1. TechCrunch's EC-1 push allows individual authors to go deep on a particular company. And as StockX has been headquartered in Detroit since its inception, we took the chance to dig into our reporting in front of [...]
Connie Loizos
April 15, 2021
TechCrunch
Dan Gilbert loves his hometown of Detroit. He loves it so much that the billionaire founder of what would eventually become the mortgage lender Quicken Loans has poured at least $2.5 billion into rehabilitating buildings in the heart of the city. He has also invested in many companies that are now tenants in those buildings, [...]
Matt Burns
April 12, 2021
TechCrunch
Don't sleep on Detroit. The city that put America in motion is quickly growing into a startup hub with a wide variety of successes. From sneakers to mortgages to houseplants, companies are finding success in Southeast Michigan thanks to welcoming investors, access to amazing engineering talent, and a deep history of creating lasting businesses. Throughout [...]
Walter Thompson
April 9, 2021
TechCrunch
Over the last few days, we've published several articles recapping panels from last week's TechCrunch Early Stage virtual conference. Each story is based on an interview with a founder or investor who addressed some of the most common startup dilemmas. Predictably, they're mostly focused on the how and why: How do I get into an [...]
StockX
April 8, 2021
www.prnewswire.com:443
/PRNewswire/ -- StockX today announced the conclusion of a $195 million secondary tender offering as well as an additional $60 million in Series E-1 primary...
Anthony Ha
April 5, 2021
TechCrunch
The Supreme Court announces several tech-related rulings, LG will shut down its smartphone business and we take a deep dive into the story of StockX. This is your Daily Crunch for April 5, 2021. The big story: The Supreme Court sides with Google in Oracle suit The U.S. Supreme Court announced a couple of tech-related [...]
Danny Crichton
April 5, 2021
TechCrunch
While StockX's idea of access does circumvent gatekeeping and the backdoor deals of the past to an extent, it has come at the cost of having access taken from vibrant regions, brick-and-mortar stores and small businesses to those with more capital.
Danny Crichton
April 5, 2021
TechCrunch
StockX may be a multibillion dollar juggernaut with massive influence radiating throughout sneaker culture today, but it started with taking the leap to transforming a personal passion into a business plan.
Danny Crichton
April 5, 2021
TechCrunch
In this part of the EC-1, we'll explore how authentication got started at StockX and how it has grown, as well as what it takes to compete with the fakes -- and the fallout when the company gets a decision wrong.
Danny Crichton
April 5, 2021
TechCrunch
StockX is a unique company at the nexus of two radical transitions that isn't just redefining markets, but our culture as well.
Danny Crichton
April 5, 2021
TechCrunch
E-commerce startups and tech companies have sprouted up to target this connected cultural consumer, and StockX has had to run quickly to maintain its product and marketplace lead.
Shoshy Ciment
February 16, 2021
Business Insider
eBay is tackling its reputation problem among younger shoppers that prefer turn to newer companies like StockX or GOAT to buy and sell sneakers.
SHOW MORE

References

Golden logo
Text is available under the Creative Commons Attribution-ShareAlike 4.0; additional terms apply. By using this site, you agree to our Terms & Conditions.