CollX Secures $10M Series A to Expand Trading Card Community
Deal News | Feb 20, 2025 | Ben Franklin Technology Partne
Philadelphia-based trading card platform CollX has successfully raised $10 million in its Series A funding round. The investment, led by local investors including Ben Franklin Technology Partners, signifies confidence in CollX's potential to expand within the collectibles marketplace industry. CollX aims to utilize the funds to enhance its marketing strategies and build a robust community platform, fostering interaction among users interested in buying and selling collectibles.
Sectors
- E-Commerce
- Technology
- Investment
Geography
- United States – CollX is based in Philadelphia, Pennsylvania, and the investment involves US-based investors including Ben Franklin Technology Partners.
- Philadelphia – Specific focus on the local region where CollX is headquartered and receives support from local investors.
Industry
- E-Commerce – The industry in which CollX operates as an online marketplace for buying and selling trading cards.
- Technology – CollX is a technology-driven platform offering an innovative approach to the trading card market.
- Investment – The article discusses a Series A funding round from investors, highlighting investment activities in startups.
Financials
- $10 Million – The amount raised by CollX in its Series A funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CollX | Target Company | Company | A trading card platform focused on buying, selling, and connecting users interested in trading cards. |
| Ben Franklin Technology Partners | Investor | Company | A regional investment firm providing funding to startups like CollX in Pennsylvania. |