Wethenew

Private

ParisConsumer & Commercehttps://wethenew.com/en

Last Round

M&A

Nov 21, 2024

Total Funding Raised

$33.88M

Company Overview

Wethenew is a specialty retail company that operates an online marketplace for authenticated, limited-edition sneakers, streetwear, and other curated items.

Sector

Consumer & Commerce

Verticals

E-commerce, Fashion & Beauty, Circular Economy

Business Model

B2C

Customer Profile

Marketplace Commission

AI Layer

Application

Keywords

sneaker resaleresale marketplacesneaker authenticationsneaker stock marketlimited-edition sneakersdeadstock sneakersstreetwear resalesneakerheadsreseller networkhypebeastcircular economymarketplace commissiondynamic pricing

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Wethenew Comps

Public and private peers based on sector, stage, and business model.

Wethenew comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Wethenew Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
M&A	Nov 21, 2024
Series B	May 10, 2023
Series A	May 31, 2021

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Key People

Founding team and executive leadership

Michael Holzmann

Co-Founder & co-CEO

Founding Team

Wethenew Investors

Notable investors and investment history

Wethenew investors
Investor	Rounds
C4 Ventures	Series B
Singular	Series B, Series A
Chalhoub Group	Series B
Athletic Ventures	Series B

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Market signals

Structured signals derived from secondary market and firmographic data.

May 31, 2021
$12.2M round led by Singular.

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Wethenew Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Wethenew Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersParis

Employee Range43

Year Founded2017

Last FundingNov 21, 2024

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