CollX, a startup that develops an app that determines the value of trading cards, raised $5.5M.
The company claims more than 600,000 users scanned over 100 million cards.
CollX runs images through a database of more than 20 million cards, including Pokemon and sports.
- The round was led by Brand Foundry Ventures, with participation from Next Coast Ventures, FJ Labs, and 114 Ventures, among others.
- "The secondary market for cards is big, but we see an opportunity for it to grow 2x to 3x," said Brand Foundry's Wesley Gottesman.