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Rares - About the company

Rares is a seed company based in Las Vegas (United States), founded in 2020 by Gerome Sapp and Hector Tantoh. It operates as an Alternative investment platform for sneakers. Rares has raised $5.2M in funding from Techstars and MaC Venture Capital. The company has 14 active competitors, including 5 funded and 1 that has exited. Its top competitors include companies like RTFKT, Endstate and Gritti.

Company Details

Alternative investment platform for sneakers. It enables users to invest in sneakers & own the shares of Nike & HOV. Users can fund & use the wallet for investments that can be accessed via the platform.
Website
rares.io
Social
X
Email ID
*****@rares.io
Key Metrics
Founded Year
2020
Location
Las Vegas, United States
Stage
Seed
Total Funding
$5.2M in 2 rounds
Latest Funding Round
Investors
Ranked
Employee Count
12 as on May 31, 2026
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Rares's funding and investors

Rares has raised a total funding of $5.2M over 2 rounds. Its first funding round was on Oct 11, 2021. Its latest funding round was a Seed round on Apr 19, 2022 for $*****. 1 investor participated in its latest round. Rares has 10 institutional investors.

Here is the list of recent funding rounds of Rares:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 19, 2022
9348917
Seed
7263143
9487003
6276210
6514331
Oct 11, 2021
8874170
Seed
7404144
3116519
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Rares' founders and board of directors

Founder? Claim Profile
The founders of Rares are Gerome Sapp and Hector Tantoh. Gerome Sapp is the CEO of Rares.
Here are the details of Rares' key team members:

Rares' employee count trend

Rares has 12 employees as of May 26. Here is Rares's employee count trend over the years:
Employee count trend for Rares
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Rares's Competitors and alternates

Top competitors of Rares include RTFKT, Endstate and Gritti. Here is the list of Top 10 competitors of Rares, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for RTFKT
RTFKT
2020, Salt Lake City (United States), Acquired
Brand offering footwear products
$8.12M
52/100
2nd
Logo for Endstate
Endstate
2021, Boston (United States), Series A
NFT-based trading platform for sneakers
$4.24M
44/100
3rd
Logo for Rares
Rares
2020, Las Vegas (United States), Seed
Alternative investment platform for sneakers
$5.2M
38/100
4th
Logo for Gritti
Gritti
2022, Beijing (China), Seed
Online platform for collectible NFT based on sneakers
$1.7M
33/100
5th
Logo for HypeX
HypeX
2021, Los Angeles (United States), Funding Raised
NFT-based design contest platform for digital sneakers
-
32/100
6th
Logo for meta
meta
2021, Seoul (South Korea), Seed
Online platform for facilitating the buying and selling and creating NFT collectibles
$1M
28/100
7th
Logo for ShoeFy
ShoeFy
2021, San Francisco (United States), Seed
Online marketplace for generating and purchasing shoes-based NFTs
$1.75M
27/100
8th
Logo for HypeSneakrs
HypeSneakrs
2021, Brooklyn (United States), Unfunded
Online marketplace offering sneakers on blockchain technology
-
-
24/100
9th
Logo for Resold
Resold
2020, Funding Raised
Alternative investment platform for sneakers
-
22/100
10th
Logo for AlwaysLegit
AlwaysLegit
2017, United States, Unfunded
Online alternative investment platform focused on sneakers
-
-
18/100
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Rares's Investments and acquisitions

Rares has made no investments or acquisitions yet.

Reports related to Rares

Here is the latest report on Rares's sector:

News related to Rares

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FAQs about Rares

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