Foot Locker-backed sneaker marketplace Goat Group has completed a $100m round from D1 Capital Partners, bringing its overall financing to almost $300m in five years.

Goat Group, a US-based footwear and apparel marketplace backed by shoe retailer Foot Locker, closed a $100m series E round yesterday from D1 Capital Partners.

The investment valued Goat Group at $1.75bn, according to Wall Street Journal, up from a previous $550m.

Founded in 2015 and incorporated as 1661, Goat Group started out with a focus on selling authentic sneakers online and in retail stores but has since grown to also offering apparel and accessories from than 350 brands.

The…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.