The Chernin Group Leads ~$40M Growth Investment in Goldin Auctions

February 16, 2021

Goldin Auctions, the online marketplace for trading cards, sports memorabilia and collectibles, has raised approximately $40 million in growth capital led by The Chernin Group (TCG) with participation from a syndicate of strategic and celebrity investors. The funding will be used to invest in technology, operations and audience development; Ross Hoffman was named CEO and founder Ken Goldin will move to Executive Chairman.

Buyers
The Chernin Group, 01 Advisors (Adam Bain and Dick Costolo), Mark Cuban, Kevin Durant / Thirty Five Ventures, LightShed Ventures, Chad Hurley, Craft Ventures (Bill Lee), Timothy "Timbaland" Mosley, Christian Oestlien, Logan Paul, Anthony Pompliano (Pomp Investments), Shiva Rajaraman, Spencer Rascoff, Bill Simmons, Dwyane Wade (Wade Ventures), Mark Wahlberg, Deshaun Watson (Bleecker Trading)
Targets
Goldin Auctions
Industry
E-Commerce
Location
New Jersey, United States
Transaction Type
Growth capital

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