Whop, an e-commerce platform where users can buy and sell digital assets, announced it has secured $17 million in Series A with backing from investors Insight Partners, The Chainsmokers, Peter Thiel, and others. The round gives Whop a post-money valuation of over $100 million. Sellers on Whop get a dashboard with promotion and customer relationship management tools, as well as analytics for business insights. Buyers benefit from a recommendation algorithm, visualizations for discovering new products and a portal for managing purchases.
Whop, An Online Marketplace for Digital Goods, Raises $17M