CollX Raises $5.5M: Unlocking Untapped Value of Trading Cards

Various card collectors all have their own methods for estimating the value of their cards. CollX, a free iOS and Android app, allows users to scan their cards and get a value in return. This helps enthusiasts easily evaluate the worth of their collection and makes trading more fair for everyone involved.

The CollX app is a convenient way for users to find and sell their used cards. The app has quickly become popular, with over 600,000 users and more than 100 million scanned cards. CEO Ted Mann explained that the company’s proprietary database of more than 20 million cards helps the app to quickly determine a card’s value. This service is especially helpful for collectors who want to sell their used cards without having to go through individual sellers.

The Manns created an app called “Epidemic Exchange” which allows users to track the prices of pandemic-themed cards on eBay. The app is simple to use and has helped the Manns determine the value of their collection.

The company is focused on helping entrepreneurs accelerate the growth of their businesses through its platform. It offers a suite of capabilities including analytics, business planning, and marketing.

CollX is a new form of cryptocurrency that promises to revolutionize the way we use digital payments. By using blockchain technology, Coll

CollX is a new startup that aims to build a marketplace for trades between card dealers.Currently, the app helps two collectors connect and have a conversation over potential deals. But they have to exchange the address details and exchange money manually. CollX wants to help facilitate those transactions, and in turn, take a cut as well.

The CollX platform makes it easy for people to figure out what their trading cards are worth, and to do deals with other collectors. This has spawned a whole industry of people who use CollX to help them learn about the history of baseball, basketball, and other sports leagues, as well as how to grade cards.

To add to Mann’s story, Card Dealer Pro is a software that helps card shops quickly scan and upload their inventory. The startup acquired the software last year, and according to Mann this has helped card shops digitize and keep track of their cards better than creating a spreadsheet. This is an important tool for small businesses as it speeds up the process of getting the inventory into often inaccessible databases. Additionally, because Card Dealer Pro integrates with existing POS systems, businesses don’t have to invest in a new system

According to Mann, he is excited to help these small businesses list their collection on CollX so that users may have more exposure to items for potential purchases. In the long run, he wants to onboard other collectibles like coins and stamps onto CollX as well. This would provide a much larger and more comprehensive collection for potential buyers.

Given the popularity of card collecting, startups have emerged that are focused on this market. Collectible trading platform Alt has raised more than $300 million to date from investors like Jeff Fagnan and Naval Ravikant-led Spearhead and Seven Seven Six Capital. Last year, entrepreneur Brian Lee and Baseball legend Derek Jeter launched a sports card-focused startup with $9 million backing from Lightspeed Venture Partners, Defy.vc and BAM Ventures. Meanwhile, eBay acquired trading card marketplace TGCPlayer for $295 million making it one of the most well funded platforms in the space.

CollX is a digital marketplace that connects collectors with each other and authorized dealers to buy, sell, trade and auction cards. The platform has already made a big impact on the secondary market for cards, and its expansion into gaming cards will further increase sales.

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Zara Khan

Zara Khan is a seasoned investigative journalist with a focus on social justice issues. She has won numerous awards for her groundbreaking reporting and has a reputation for fearlessly exposing wrongdoing.

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