COMPANY INFO
The actual company name is CollX. It was founded in 2021. The founders include Ted Mann (Co-Founder and CEO) and Kostas Nasis. The company has approximately 20 employees. Its website is www.collx.app. CollX operates in the Financial Software industry. The company develops a mobile application that allows users to scan sports cards to instantly identify them and determine their market value. It also offers a marketplace for buying and selling collectible cards, providing transparency and enabling collectors to manage and trade their collections easily. (Tracxn, PitchBook, Crunchbase, Crunchbase Ted Mann)
CollX is a financial software startup founded in 2021 by Ted Mann and Kostas Nasis. Headquartered in Haddonfield, New Jersey, CollX operates a mobile application that empowers collectors by letting them instantly identify sports cards and determine their market value. With its sleek marketplace functionality, the platform offers transparency, efficient management, and seamless trading for collectible cards. As of now, CollX employs around 20 team members, driving forward innovations in collectibles technology.
CollX funding has demonstrated an aggressive and focused approach to scaling its offering in the sports card and collectibles market. Since its inception, CollX has raised approximately $19.7 million across multiple funding rounds. The company’s strategy has been to leverage early seed capital for product development and initial user acquisition, then scale up through substantial venture capital in Series A rounds to expand its marketplace and enhance product features. Notable funding milestones include a $10 million Series A round in February 2025 and an $8.21 million Series A round in November 2024. Key investors such as Brand Foundry, Next Coast Ventures, and industry visionaries like Nat Turner have been crucial in this growth journey, underlining investor confidence in CollX's innovative approach and the platform’s growing traction.
This round was focused on enhancing the CollX trading card app, expanding the marketplace, and accelerating technology development. The capital is being used to drive marketing, further platform innovation, and expand the marketplace network. Lead investors included noted industry personalities and entrepreneurs.
CollX raised this Series A round to fuel growth, develop platform features, and increase user acquisition. The funds supported expansion efforts and strengthened CollX’s position in the collectibles market.
This key seed round provided resources for the initial launch of the app and the buildout of the primary marketplace. Lead investors included Brand Foundry and Next Coast Ventures, underlining institutional faith in CollX’s vision.
The company utilized this seed extension for operational scaling, refining products, and supporting onboarding strategies for new collectors.
This early seed tranche laid the foundation for company formation and initial product development, helping CollX establish its core technology and build the first version of its marketplace.
Brand Foundry is a prominent venture capital firm specializing in early- and growth-stage consumer product companies. As a lead investor in CollX’s Series A and key participant across several rounds, Brand Foundry has played a central role in driving CollX investment, offering both capital and strategic guidance.
Next Coast Ventures focuses on technology-driven startups outside Silicon Valley. As a consistent investor in CollX funding rounds, Next Coast Ventures has provided critical support for scaling CollX’s platform and market reach.
Niche Capital is known for supporting innovative, niche-market companies. Their investment underscores confidence in CollX’s potential within the collectibles sector.
114 Ventures is a venture capital fund that empowers disruptive startups across various verticals. Their participation in CollX funding rounds highlights strong belief in CollX’s business model.
Associated with Brand Foundry, this entity offers targeted capital to support CollX’s scaling needs, especially during pivotal Series A rounds.
FJ Labs is a global VC and investment firm with a focus on marketplaces. Their CollX investment aligns with their expertise in platform and marketplace growth.
A renowned entrepreneur and investor in the sports collectibles space, Nat Turner has brought sector expertise and industry connections to CollX investors, supporting product strategy at every stage.
Professional baseball player Bobby Witt Jr. invested personally in CollX, bringing brand recognition and validation from the sports world.
Investor David Adelman contributed to recent funding rounds, offering insights and networking to support CollX’s expansion.
Philadelphia Eagles Executive Vice President Howie Roseman added value by bridging the company to broader sports and entertainment industry opportunities.
Entrepreneur and investor Scott Keeney has participated in recent funding rounds, bringing experience and financial expertise to the CollX investment table.
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