Rares is an alternative asset marketplace for sneakers that will put the funding toward product and inventory expansion and team growth.
at a Sotheby’s private sale this year for $1.8 million before the investment.
“Access to significant capital has been the achilles heel for many entrepreneurs, especially women and other minorities,” explained Rares cofounder Gerome Sapp. “So as a minority, being able to close this significant seed investment round with MaC Venture Capital leading provides my incredible team and I with a new inspired enthusiasm for the bright future ahead for Rares.
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