GOAT group hits $1.75 Billion Valuation (www.nicekicks.com)

According to news outlets, GOAT has managed to raise $100 million USD for expansion plans, while hitting an all-time valuation high of $1.75 billion USD. The platform managed to raise the funds in Series E funding from D1 Capital Partners on Wednesday. GOAT was previously valued at $550 million. Los Angeles-based GOAT was founded in 2015, and currently serves 30 million members and 600,000 sellers across its platform. StockX, another leading resale platform, hit a $1 billion valuation in June of 2019.

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