New York startup Courtyard completes $30 million Series A financing led by Forerunner

According to Gate News bot, the New York startup Courtyard recently completed a $30 million Series A financing round, led by Forerunner Ventures, with participation from existing investors such as NEA and Y Combinator.

Courtyard was established in 2021 and primarily sells "blind box" cards and comics in the form of digital vending machines through its website. After payment, the system randomly assigns cards or comics, and users can choose to resell them at 90% of the market price with no fees, or store them for free in the Courtyard warehouse.

The company's business is developing rapidly, with monthly sales skyrocketing from $50,000 at the beginning of 2024 to $50 million, making it one of the largest trading card buyers in the world. Courtyard plans to use this round of financing to expand its team, increase market investment, and broaden its product line to solidify its market leadership.