The New Paper

December 17, 2020

StockX raises $275M

Online marketplace StockX raised $275M of new funding at a $2.8B valuation. The Detroit-based company initially launched as a secondary marketplace for shoes but has since expanded into apparel, accessories, and other collectibles. The capital raise reportedly marks the largest venture capital round in Michigan’s history.
This story is from the December 17, 2020 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.