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Wethenew
Wethenew is the first French marketplace dedicated to limited edition sneakers and streetwear products
About Wethenew
Wethenew operates in the niche market of limited edition sneakers and streetwear, catering to fashion-forward consumers who seek exclusive and authentic products. The company sources high-demand items from renowned brands such as Yeezy, Off White, Nike, and Jordan. Each product undergoes a rigorous verification process by experts to ensure authenticity before reaching customers. The business model revolves around e-commerce, allowing customers to purchase these coveted items online with ease and security. Revenue is generated through direct sales of these premium products, often at a markup due to their limited availability and high demand. The target clientele includes sneaker enthusiasts, collectors, and fashion-conscious individuals who value exclusivity and authenticity in their purchases. Wethenew differentiates itself by offering a curated selection of products and a stringent authentication process, providing peace of mind to buyers.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2018
- Headquarters
- Paris, France
- Employees
- 44
- Open positions
- None listed
- Dealroom signal
- 61.0/100
- Industry
- Fashion
- Sub-industry
- Footwear
- Sector
- eCommerce & Marketplaces, Branding, Sneakers, horizontal marketplaces
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES B✓Equity / VC | May 2023 | $22M | $88M | Singular · C4 Ventures · Chalhoub Group · Antoine Griezmann | ↗ |
| SERIES A✓Equity / VC | Jun 2021 | $11M | $44M | Singular · Christian Jorge · Frank Ntilikina | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Wethenew is 260K monthly website visits, down 10.3% over the last three months. Wethenew's team declined 18.5% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A7 investors entered at this stage
Singular
Christian Jorge- FNFrank Ntilikina
C4 Ventures
Chalhoub Group
Antoine Griezmann
Athletic Ventures
Other known investors3 additional known investors
Angelsquare
Athletico Ventures
The Family
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Wethenew on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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