The GV-backed consumer goods marketplace hit a $2.8bn valuation in a Tiger Global-led series E round, which brings its total funding to $490m.

StockX, a US-based online consumer goods marketplace backed by internet and technology group Alphabet, secured $275m yesterday in a series E round led by hedge fund manager Tiger Global Management.

The round also featured Altimeter Capital, Sands Capital and Whale Rock Capital Management, and the funding was raised at a $2.8bn post-money valuation.

Founded in 2016, StockX operates an online platform where users can buy and sell consumer goods such as clothing, handbags, electronics and collectible items.

StockX has facilitated…