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CollX raised $10 million in a Series A financing round led by a group of investors including Bobby Witt Jr. to enhance their trading card app and marketplace.

Feb 14, 20256 months ago

Amount Raised

$10 Million

Round Type

series a

HaddonfieldSoftwareInformation Technology

Investors

David AdelmanHowie RosemanScott KeeneyNat TurnerBobby Witt Jr.

Description

Trading card app CollX has raised $10 million in a Series A financing round, featuring Bobby Witt Jr. as an investor and brand ambassador. The funding will be used to further develop the app and expand its marketplace, which has seen significant growth.

Company Information

Company

CollX

Location

43 Kings Highway W

Haddonfield, New Jersey, United States

About

CollX helps answer one of the most basic questions that any collector has: “What’s this worth?” The mobile app, initially for iOS and Android, enables users to take a picture of a collectible, identify it, and get the current market value. CollX is launching with support for baseball cards, followed shortly by all sports cards, trading card games like Magic and Pokemon, and soon comics and other collectibles. 

 Once an item is added to your collection, you can track that item’s value over time, just as you can your overall portfolio. More importantly, you can buy and sell any collectible with full transparency into the counterparty's collection, offering an unprecedented ability to create ad-hoc lots, trade, and more.

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Funding Insights

Based on industry data
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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
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