CollX
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CollX Inc. is a company building technology for trading card collectors. The company’s core product is CollX, an app allows users to scan a card, get the current market value, and then add to a collection. From there users can follow other collectors, make offers on cards, and buy and sell through a marketplace.
History[edit]
CollX was co-founded in 2021 by Ted Mann, Kostas Nasis, and Mann’s 10-year-old son Charlie. The company is based in Haddonfield, New Jersey, right outside Philadelphia. CollX launched in the App Store and Google Play in January 2022. The app introduced visual search technology for scanning and matching trading cards based on a reference image, and CollX created a database of more than 20 million cards across multiple sports and card categories, including baseball, basketball, football, hockey, soccer, wrestling, Pokemon, Magic, and Yu-Gi-Oh! Since launching with the scan-and-value functionality, the app has added features to enable collection management; a social feed showing cards from other users, cards for sale, and other content; and transactional features for negotiating deals and buying or selling cards.[1][2][3][4]
In June 2022, CollX acquired competitor app Sports Card Scanner as well as Card Dealer Pro, a software for card dealers and stores to rapidly inventory their cards and sell across multiple sites, including eBay and Shopify. Both Sports Card Scanner and Card Dealer Pro were founded by Denver entrepreneur Fred Barnes.</ref> Since the acquisition, CollX has shut down Sports Card Scanner, and grown Card Dealer Pro, a subscription web-based software.[5]
Funding[edit]
In February 2023 CollX raised a $5.5 Million seed round, led by Brand Foundry Ventures, an Austin, Texas venture fund, with participation from Next Coast Ventures, FJ Labs, 114 Ventures, Ben Franklin Technology Partners, and Morrison Seger Venture Capital Partners. Angel investors in CollX include Nat Turner, DJ Skee, David Adelman, Darren Lachtman, Brad Stadler, Ryan Schinman, Robert J. Moore, Rich Friedman, Mike Crossey, Chris McDemus, Jake Rosenberg, Keith McGowan, Adam Crouch, Adam Glasofer, Rania Nasis, David Kaplan, Ariel Boyman, Mike Cohen, Peter Mann, Peter Christodoulo, Ray Waddell, Mani Sundaram, and Juno Capital.[6][7]
External Links[edit]
References[edit]
- ↑ "Former CEO of visual search company Slyce just launched collectables valuation app CollX". Technically Philly. 10 January 2022.
- ↑ "Growing startup CollX in 'active talks' with major trading card brands after boosting user base by 220%". Philadelphia Business Journal.
- ↑ "This Philadelphia startup tells you what your old baseball cards are worth — with just a photo". Philadelphia Business Journal.
- ↑ "What are your sports cards worth? Local father-son team help you find out with CollX app". Courier-Post.
- ↑ "South Jersey sports trading card startup CollX targets dealers with acquisition of Denver firm". Philadelphia Business Journal.
- ↑ "CollX raises $5.5M to scan and evaluate value of trading cards". TechCrunch.
- ↑ "CollX App Secures $5.5 Million Seed Round". Sports Collectors Daily.
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