What is Collectable?
Established in 2014 and headquartered in White Plains, NY, Collectable operates as an innovative investment marketplace. It enables individuals to acquire fractional shares of high-value items, primarily focusing on the memorabilia sector. This model allows a broader audience to participate in the ownership of assets previously accessible only to a select few, leveraging technology to create a more inclusive investment landscape. The company's approach aims to unlock liquidity and value in a traditionally illiquid market.
How much funding has Collectable raised?
Collectable has raised a total of $5.5M across 1 funding round:
Series A
$5.5M
Series A (2021): $5.5M with participation from Evolution VC Partners, Rose Park Advisors, Anthony and Joseph Pompliano, Amplo, Fifth Down Capital, Colin Anderson, Jeff Pearlman, and Bain Capital
Key Investors in Collectable
Rose Park Advisors
Rose Park Advisors is an investment firm that leverages insights from Disruptive Innovation theory to drive successful outcomes for investors and entrepreneurs. The company focuses on understanding the dynamics of businesses and markets to identify high-potential opportunities.
Bain Capital
Founded in 1984, Bain Capital is one of the worlds leading private investment firms. The firm is committed to creating lasting impact for its investors, teams, portfolio businesses, and the communities in which it operates.
Amplo
Amplo is a global venture capital firm dedicated to supporting entrepreneurs in building impactful and ambitious companies. The firm focuses on investing in innovative startups across various sectors, including financial services, healthcare, and technology.
What's next for Collectable?
The recent major strategic investment signals a pivotal growth phase for Collectable, likely enabling the company to scale its operations, expand its inventory of high-value offerings, and enhance its technological infrastructure. This capital infusion is expected to fuel market expansion, attract a wider base of both sellers and buyers, and potentially explore new asset classes within the alternative investment sphere. The company's focus on fractional ownership positions it to capitalize on the growing interest in alternative assets and curated investment experiences.
See full Collectable company page
