Collectors raises $100 million to bolster its sports collectibles platform

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  • Collectors are valued at US$4.3 billion
  • Funds will be used to develop business and technology
  • The company has doubled in size in the last 12 months

Collectors has bolstered its sports collectibles ranking, exchange and search platform with $100 million in fresh investments and unifying its portfolio of services under one brand.

The company is one of many technology companies trying to modernize the hobby of collecting trading cards, tickets and sports memorabilia, and has been one of the beneficiaries of the industry’s boom.

Its business has doubled in size in the past year, during which it was acquired by a group of investors led by Turner, D1 Capital Partners, Cohen Private Ventures and TPG Capital Management.

The additional funding values ​​the company at US$4.3 billion and will be used to expand its presence and invest in technology that will transform the experience of its users.

The new “Collectors.com” brand will showcase its authentication services, including the Professional Sports Authenticator (PSA), its auction and marketplace platforms Goldin and CollectorsCorner, and its research tools company Card Ladder. In addition to this, Collectors is launching a new secure vault and collection management service that will authenticate and store items in a dedicated facility in Delaware.

“Our vision has always been to reinvest through technology and expanding capabilities into our brands and to simplify the collecting experience through innovation,” said Collectors Managing Director Nat Turner. “As a long-time collector, I am personally passionate about the industry and have been delighted to be part of its overall growth over the past few years. We will continue to focus on improving the customer experience and providing the reliable tools every collector needs.

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