08 Feb Sneaker Marketplace GOAT Raises $25 Million in Funding, Adds to Board of Directors
Mobile sneaker marketplace GOAT continues to flourish in 2017, announcing yesterday an additional $25 million in funding.
The funding is led by Accel, whose partner Ryan Sweeney has also been appointed to GOAT’s Board of Directors. Other entities contributing to the latest round of financing include existing investors Matrix Partners, Webb Investment Network and Upfront Ventures.
“We have been tracking GOAT for a long time,” Sweeney said. “It is hard to build both sides of the marketplace simultaneously, yet GOAT has scaled both buyers and sellers at a remarkable rate. This is a testament to the company’s focus on the sneaker vertical and its passionate users. We’re thrilled to partner with the team and help them better serve their customers going forward.”