Shopping Experiences

Whatnot raises $490M, doubling valuation to $11.5B

Whatnot secured $490 million in Series E and F funding rounds in 2025, increasing its valuation to $11.5 billion as live shopping adoption grew in the United States.

The numbers

  • $490 million Whatnot raised a total of $490 million across two later-stage rounds this year.
  • $11.5 billion The social shopping platform was most recently valued at $11.5 billion.
  • $2 Billion 13 creator economy startups pulled in about $2 billion in funding this year.
  • $1.2 billion Eight AI startups announced a combined $1.2 billion in funding.
  • $180 million Synthesia confirmed its $180 million funding round in January.

Sources

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