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Streetwear marketplace
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Streetwear marketplace
1001+ employees
Be an early applicant
More information about location
1001+ employees
To provide access to the world's most coveted items in the smartest way possible.
StockX pairs buyers with sellers and verifies products through its live bid-and-ask structure, funding itself by charging a transaction fee on each sale. In return it verifies each item sold on the platform for authenticity and condition, setting it aside from competitors in this space such as TheRealReal.
The company is now hoping to further distinguish itself by working directly with brands to release products through the platform, with a vision to letting its customers set the price for goods in the same way investors do for shares in the stock exchange.
Despite issues including allegations of counterfeiting from Nike and a general slowdown in the resale goods market over 2022, StockX has continued its rapid growth, doubling the number of buyers on its network to 12 million. While a global economic slowdown has caused it to give up on plans for an IPO in the near term, StockX is nonetheless planning to expand its product line and expand internationally in the near future.
Steph
Company Specialist at Welcome to the Jungle
Few candidates hear
back within 2 weeks
-7% employee growth in 12 months
Apr 2021
$60m
SERIES E
Dec 2020
$275m
SERIES E
Downtown Detroit, Detroit, MI
Greg Schwartz
(COO)Worked at Deutsche Bank before founding Upto, a calendar software startup where he acted as CEO prior to founding StockX
Scott Cutler
(CEO)Worked as Executive Vice President at NYSE Euronext, a technology-enabled global transaction platform, as well as working as President of StubHub and holding senior roles at Ebay
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