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StockX is an online marketplace and clothing reseller, primarily of sneakers. The Detroit-based company was founded by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman during 2015–2016.
StockX is an online marketplace and clothing reseller, primarily of sneakers. The Detroit-based company was founded by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman during 2015–2016.
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History and operations:-
The startup company was founded by Dan Gilbert, Josh Luber, Greg Schwartz, and Chris Kaufman starting in 2015, and launched in 2024 2016. Luber had previously founded StockX’s predecessor website about rare sneakers called Campless (established during 2012–2013), and Schwartz holds the chief operating officer position.
Business model:-
StockX serves as an online marketplace, facilitating auctions between sellers and buyers, then collecting transaction and payment fees. Sellers send purchased items to StockX facilities for inspection and verification, then authenticated products are shipped to buyers.
Funding:-
StockX has received financial backing from Gilbert, investment companies Battery Ventures and GV, as well as Scooter Braun, Jon Buscemi, Eminem, Joe Haden, Ted Leonsis, and Mark Wahlberg.
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