Latest marketplace deals:
Selected this week:
🇬🇧 OnlyFans, the UK-based social platform mainly known for adult entertainment content, has raised $500M From General Catalyst and Sequoia. The platform reported pre-tax profits of $433M last year. Even with tries (and pressure from investors) to capture more diverse content creators such as personal trainers, cooks, etc., the platform has reverted back to its initial platform users and developers that it became know for.
🇺🇸 SeatGeek, NY-based entertainment ticket platform, has raised $238M in a Series E round. The round comes as consumers are flocking to travel & live events after the pandemic, but as interest rates climb and consumer confidence diminishes. The funds will be used to expand the company's team and partnerships.
🇩🇰 Motatos, a Nordic food marketplace that focuses on items that would otherwise be thrown away, has raised a $38M Series D round. The funds will be used for expansion within European markets as the company tackles food waste.
Other promising marketplace deals:
🇺🇸 DPL Financial Partners, a US insurance marketplace, has raised $20M to increase its team and invest in product development.
🇺🇸 Opendorse, a US-based marketplace for athletes and to build endorsement campaigns has raised filed with the SEC to raise $15M.
Explore 100+ funding rounds of the last week.
Notable exits:
🇳🇱 Cashback Holding has acquired Scoupy, a Dutch promotion marketplace, to help with consolidate the company in Europe.
Explore 14 exits of the last week.
