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Rares.io: Funding, Investors & Team (Sep 2026)

Rares allows you to invest in the sneaker culture. We do this through fractional ownership of rare sneakers. Say goodbye to waiting in long lines for hype drops, or fighting bots online to get your hands on those desirable shoes you can flip for a profit. Rares makes it easy. You buy shares in the shoe instead of buying the shoe. Here is how it works: LEARN: You may already be savvy about sneaker culture and shoes, which is awesome. However, we feature shoes on our platform that have specific attributes and stories that make them valuable. We will educate you on these stories through our videos and other tools, so you can truly understand the value of what you are investing in. Investing not your thing? Don't worry we got you! We explain all the necessary investing terms so you only have to focus on your knowledge of shoe culture to make a smart investment. BUY: We release our shoes on our app through Initial Public Offerings (IPO). That means we make fractional shares of the shoe available for the first time for you to buy. You can buy this and hold it until we sell the shoe and cash in on the potential profits, or you can trade them with other users on our app after the IPO closes. TRADE: Once the IPO closes, you can always sell your shares to other buyers who missed out on the initial drop! No need to hold on to your shares forever! What is even better is that the shares may be worth more after the drop and you can choose to take your profits. You could also hold on to the shares until we decide to sell the shoe and then you potentially profit off the increase in price. Missed out on the drop, you can also buy shares from someone looking to sell theirs. Either way, it is up to you. Our platform makes it easier than ever to match buyers and sellers. ENGAGE: Whether you are actively trading or not, we welcome you to come on our platform to engage in a community of like-minded users. You can follow other investors, like comment, and react to relevant posts around sneakers. We think it is important to not feel like you are the only one in the room on a trading platform and we know sneakers and community go hand in hand. So please hang out and stay a while! So what are you waiting for? Stop watching from the sidelines! Invest in the culture! DISCLAIMER: This is not an offer, solicitation of an offer, or advice to buy or sell securities, or open a brokerage account on the Rares Platform. The Rares platform, 370 Legacy, inc and 370 Legacy Markets, does not recommend any securities. All investments involve risk and the past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing.

rares.io LinkedIn Las Vegas, United States 11-50 employees
Total raised
$9.2M
Rounds
2
Latest
Undisclosed round
Feb 2022

Rares.io has raised $9.2M across 2 funding rounds on record, the most recent an undisclosed round of $5.2M announced in Feb 2022.

That round is above the $3.0M median round size for Other companies tracked on FundedIQ over the last two years.

Rares.io Company Profile and Key Stats

Total funding raised
$9.2M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$5.2M in Feb 2022
Employees
11-50
reported band
Headquarters
Las Vegas, United States

Latest funding round on record: Feb 2022.

Rares.io Funding Rounds

Date
Round
Amount
Undisclosed round
$5.2M
Seed
$4.0M

Rares.io raised $4.0M in a Seed announced in Oct 2021.

4 months later, an undisclosed round of $5.2M was announced in Feb 2022.

Rares.io Founders and Leadership Team

Name
Role
Contact
Gerome Sapp
CEO
Locked

Contact details for the Rares.io team: 1 of 1 has an email address on file.

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Rares.io Funding Compared to Other Other Startups

Segment
Companies
Median round
1,391
$3.0M
29,795
$7.5M

Rares.io's latest round of $5.2M is above the median round in Other. Medians cover the last 24 months of disclosed rounds.

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Rares.io Funding FAQs

What does Rares.io do?

Rares allows you to invest in the sneaker culture. We do this through fractional ownership of rare sneakers. Say goodbye to waiting in long lines for hype drops, or fighting bots online to get your hands on those desirable shoes you can flip for a profit. Rares makes it easy. You buy shares in the shoe instead of buying the shoe. Here is how it works: LEARN: You may already be savvy about sneaker culture and shoes, which is awesome. However, we feature shoes on our platform that have specific attributes and stories that make them valuable. We will educate you on these stories through our videos and other tools, so you can truly understand the value of what you are investing in. Investing not your thing? Don't worry we got you! We explain all the necessary investing terms so you only have to focus on your knowledge of shoe culture to make a smart investment. BUY: We release our shoes on our app through Initial Public Offerings (IPO). That means we make fractional shares of the shoe available for the first time for you to buy. You can buy this and hold it until we sell the shoe and cash in on the potential profits, or you can trade them with other users on our app after the IPO closes. TRADE: Once the IPO closes, you can always sell your shares to other buyers who missed out on the initial drop! No need to hold on to your shares forever! What is even better is that the shares may be worth more after the drop and you can choose to take your profits. You could also hold on to the shares until we decide to sell the shoe and then you potentially profit off the increase in price. Missed out on the drop, you can also buy shares from someone looking to sell theirs. Either way, it is up to you. Our platform makes it easier than ever to match buyers and sellers. ENGAGE: Whether you are actively trading or not, we welcome you to come on our platform to engage in a community of like-minded users. You can follow other investors, like comment, and react to relevant posts around sneakers. We think it is important to not feel like you are the only one in the room on a trading platform and we know sneakers and community go hand in hand. So please hang out and stay a while! So what are you waiting for? Stop watching from the sidelines! Invest in the culture! DISCLAIMER: This is not an offer, solicitation of an offer, or advice to buy or sell securities, or open a brokerage account on the Rares Platform. The Rares platform, 370 Legacy, inc and 370 Legacy Markets, does not recommend any securities. All investments involve risk and the past performance of a security or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss, in a down market. There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing.

How much funding has Rares.io raised?

Rares.io has raised $9.2M across 2 rounds on record. The most recent is an undisclosed round of $5.2M announced in Feb 2022.

When did Rares.io last raise funding?

Rares.io's most recent funding round on record is an undisclosed round of $5.2M, announced in Feb 2022.

Who is the CEO of Rares.io?

Gerome Sapp is listed as CEO at Rares.io.

Where is Rares.io headquartered?

Rares.io is based in Las Vegas, Nevada, United States.

How many employees does Rares.io have?

Rares.io is in the 11-50 employee band.

How does Rares.io's funding compare to other Other startups?

Rares.io's latest round of $5.2M is above the $3.0M median round size for Other companies on FundedIQ across 1,391 tracked companies over the last two years.

About FundedIQ's Rares.io Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Rares.io is left off this page rather than filled in.

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