The marketplace sector includes 59 unicorn companies from around the world. Online fashion retailer Shein leads the group with a valuation of $66 billion.
Other major companies include Faire, a wholesale platform valued at $13 billion, and Whatnot, a livestream shopping app with a $12 billion valuation. The list also features Back Market, which has raised $1 billion in funding.
Below is the full list of 59 Marketplace unicorn startups at this time.
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Get the Sheet for $50Shein runs a global e-commerce platform offering a wide array of apparel, beauty products, and home goods. They are known for an ultra-fast fashion model that provides consumers with a vast, constantly-refreshed selection of trendy items at low prices.
| Valuation | $66B (Joined July 2018) |
| Headquarters | Singapore, Central Region, Singapore |
| Year Founded | 2008 |
| Founders | Chris Xu, Yangtian Xu |
| Funding Amount | $4.1B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | Tiger Global Management, Mubadala, General Atlantic, IDG Capital, HSG |
Faire operates a wholesale marketplace that helps independent retailers find and buy unique merchandise for their stores. They connect small shop owners with a curated selection of products from artisans and brands, simplifying the traditional wholesale model.
| Valuation | $13B (Joined October 2019) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2017 |
| Founders | Daniele Perito, Jeffrey Kolovson, Marcelo Cortes, Max Rhodes |
| Funding Amount | $1.7B |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Corporate Round |
| Top Investors | Norwest, Lightspeed Venture Partners, Khosla Ventures, Sequoia Capital, Wellington Management |
Whatnot runs a livestream shopping platform where people can buy and sell products in real time. Their marketplace is especially popular for collectibles, bringing the excitement of live auctions and sales to an online format.
| Valuation | $12B (Joined September 2021) |
| Headquarters | San Francisco, California, United States |
| Year Founded | 2019 |
| Founders | Grant LaFontaine, Logan Head |
| Funding Amount | $974.7M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series F |
| Top Investors | Andreessen Horowitz, Y Combinator, Sequoia Capital, Bond, Lightspeed Venture Partners |
Snapdeal operates one of India's leading value e-commerce marketplaces, connecting millions of buyers with a vast network of sellers. The platform offers a wide assortment of goods at competitive prices, making online shopping more accessible across the country.
| Valuation | $7B (Joined May 2014) |
| Headquarters | Gurgaon, Haryana, India |
| Year Founded | 2005 |
| Founders | Kunal Bahl, Rohit Bansal |
| Funding Amount | $1.8B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Bessemer Venture Partners, Temasek Holdings, RTP Global, BlackRock, Nexus Venture Partners |
Constellation Automotive Group has built Europe's largest vertically integrated digital marketplace for used cars. The group's portfolio includes some of the continent's leading automotive brands for both consumers and businesses, such as Cinch and BCA.
| Valuation | $7B |
| Headquarters | Farnham, Surrey, United Kingdom |
| Year Founded | 2019 |
| Founders | — |
| Funding Amount | £1B |
| Company Size | Enterprise Organization (5,001+) |
| Last Funding Status | Private Equity |
| Top Investors | Abu Dhabi Investment Authority, Neuberger Berman, Soros Fund Management, GIC |
Back Market operates a global marketplace dedicated to expertly refurbished electronics. They offer a more sustainable and affordable way to buy tech by connecting consumers directly with certified refurbishers.
| Valuation | $6B (Joined May 2021) |
| Headquarters | Paris, Ile-de-France, France |
| Year Founded | 2014 |
| Founders | Quentin Le Brouster, Thibaud Hug de Larauze, Vianney Vaute |
| Funding Amount | $1B |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Goldman Sachs Growth Equity, General Atlantic, Daphni, Generation Investment Management, Goldman Sachs |
Vinted operates a large online marketplace and community dedicated to second-hand fashion. Their platform enables users to easily buy, sell, and swap pre-owned clothing and accessories.
| Valuation | $5.4B (Joined November 2019) |
| Headquarters | London, England, United Kingdom |
| Year Founded | 2008 |
| Founders | Greg O’Connor, Justas Janauskas, Mantas Mikuckas, Milda Mitkute |
| Funding Amount | $984.7M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | Insight Partners, Lightspeed Venture Partners, Accel, TPG, BNP Paribas |
StockX operates a live marketplace where people can buy and sell sought-after items like limited-edition sneakers and collectibles. Their platform is best known for its price transparency and a rigorous authentication process that verifies every item sold.
| Valuation | $4B (Joined June 2019) |
| Headquarters | Detroit, Michigan, United States |
| Year Founded | 2015 |
| Founders | Chris Kaufman, Dan Gilbert, Greg Schwartz, Josh Luber |
| Funding Amount | $690M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Series E |
| Top Investors | Altimeter Capital, Tiger Global Management, Battery Ventures, General Atlantic, SV Angel |
Farmers Business Network runs a digital platform that helps farmers reduce costs and maximize the value of their crops. Their network provides a marketplace for buying supplies, accessing financing, and joining marketing programs.
| Valuation | $4B (Joined August 2020) |
| Headquarters | San Carlos, California, United States |
| Year Founded | 2014 |
| Founders | Amol Deshpande, Charles Baron |
| Funding Amount | $967.9M |
| Company Size | Large Team (251-1,000) |
| Last Funding Status | Venture Round |
| Top Investors | Kleiner Perkins, BlackRock, Fidelity, GV, Temasek Holdings |
Goat Group runs a leading marketplace for authentic sneakers, apparel, and accessories from the world’s top brands. Their platform is built around a robust authentication service, giving buyers confidence in the legitimacy of every purchase.
| Valuation | $4B |
| Headquarters | Culver City, California, United States |
| Year Founded | 2011 |
| Founders | Daishin Sugano, Eddy Lu |
| Funding Amount | $492.6M |
| Company Size | Major Organization (1,001-5,000) |
| Last Funding Status | Series F |
| Top Investors | Andreessen Horowitz, Index Ventures, Franklin Templeton, Accel, New Enterprise Associates |
The Remaining 49 Marketplace Unicorns
The biggest names are just the start of the story. Marketplace startups are growing everywhere, with strong hubs in the United States, India, China, and Brazil.
Many of these companies are changing how people buy cars, find jobs, or furnish their homes. Here is a look at the other marketplace unicorns that are quietly reshaping their industries.