StockX was founded in 2015 by Dan Gilbert, Josh Luber, and Greg Schwartz. In discussing the prospect of an IPO during a CNBC interview from October 2019, newly appointed CEO Scott Cutler, while not giving a timeline on such an event, did note that going public is “certainly our objective as a company.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
StockX is an online marketplace for clothes with a heightened focus on sneakers. StockX has raised approximately $160 million in Venture Capital funding from investors including DST Global, GGV Capital, Battery Ventures, GV, RockBridge, SV Angel, CourtsideVC, and various celebrities. Per company press releases, StockX most recently raised $110 million in June 2019 at a post-money valuation of over $1 billion.