Collectibles platform Courtyard.io lands $30m Series A

Collectibles platform Courtyard.io lands $30m Series A

Courtyard.io, a digital collectibles platform, has secured $30m in Series A funding to fuel its continued expansion.

The investment round was led by Forerunner Ventures, with participation from New Enterprise Associates (NEA), Y Combinator, Burst Capital, Operator Partners, Prelude, and ParaFi Capital.

Founded to transform the traditional collectibles market, Courtyard.io offers a unique platform that merges physical items with digital convenience. The company enables users to collect, trade, and cash out instantly through its zero-fee marketplace, pack-ripping experiences, and seamless vaulting services. Items such as cards and coins are authenticated and stored securely, offering collectors instant liquidity and frictionless selling.

With the new funds, Courtyard.io plans to expand into additional collectible categories and enhance its user experience, including the upcoming launch of a mobile app. The company also intends to scale its team and hire across multiple functions to support its growing user base and platform capabilities.

The company’s Digital Packs model — which includes instant buyback offers and zero seller fees — has driven rapid adoption, helping it grow from $50,000 in gross merchandise value (GMV) per month in January 2024 to $50m per month at present, it claimed.

Courtyard.io offers users a simple three-step process to digitise and trade their physical collectibles. Users can ship their items from home or from platforms such as PSA, CGC, eBay, and Fanatics to Courtyard.io’s secure vault, where items are authenticated, stored, and insured at no cost. Once processed, these collectibles can be held or sold instantly with zero seller fees.

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