Tech Company Financing Transactions
Whop Funding Round
Insight Venture Partners, private investors and The Chainsmokers invested in a $17 million Series A funding round for Whop. The round closed on 7/20/2023.
Transaction Overview
Company Name
Announced On
7/20/2023
Transaction Type
Venture Equity
Amount
$17,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Undisclosed
Austin, TX 11249
USA
Austin, TX 11249
USA
Phone
Undisclosed
Website
Email Address
Overview
Whop is building a platform to service the internet economy. Millions of people are building new products that they are selling guerrilla style on social media and on forums throughout the internet. Whop gives these sellers a sleek storefront that can accept payments, seamlessly deliver digital products, and attract new customers visiting our marketplace. We currently handle almost $150M+ in yearly payments with thousands of active merchants.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steven Schwartz
Chief Operating Officer
Jackson Huether
Chief Technical Officer
Jack Sharkey
Browse more venture capital transactions:
Prev: 7/20/2023: Botinkit venture capital transaction
Next: 7/20/2023: Exeliom Biosciences venture capital transaction
Share this article
Where The Data Comes From
We report on funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs