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§ Private Profile · Haddonfield, NJ, USA
Mobile application and marketplace for trading card collectors and dealers to scan, value, buy, and sell sports and collectible cards using AI.
Based in Haddonfield, New Jersey, CollX is a mobile application that utilizes AI-powered image recognition to help users scan, value, and trade sports and collectible cards. The platform serves a user base of over 3.5 million registered accounts and 400,000 monthly active users who scan approximately two million cards daily against an extensive database of 10 million unique items. Operating with a dedicated staff of approximately 20 full-time employees, the company generates its revenue through peer-to-peer marketplace commissions, premium software subscriptions, and targeted affiliate partnerships. CollX has successfully raised $18.53 million in total funding, including a recent $10 million Series A round co-led by Brand Foundry Ventures and 114 Ventures, while also maintaining strategic integrations with major industry entities like Topps and Fanatics. The enterprise was officially founded in the year 2021 by co-founders Ted Mann and Kostas Nasis.
CollX has raised $16.0M across 2 funding rounds.
CollX has raised $16.0M in total across 2 funding rounds.
CollX has raised $16.0M across 2 funding rounds. Most recently, it raised $10.0M Series A in February 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 1, 2025 | $10M Series A | — | Brand Foundry Ventures, Operator Partners, Ryan Schinman | Announced |
| Feb 1, 2023 | $6M Seed | Brand Foundry Ventures | Operator Partners, Ryan Schinman | Announced |
CollX is a financial software company founded in 2021 that builds a mobile app for scanning, identifying, valuing, and trading sports cards and collectibles.[1][2][3] It serves individual collectors, hobbyists, and professional sellers by solving the challenges of manual identification, opaque pricing, and fragmented marketplaces through AI-powered image recognition, real-time valuations from a database of over 20 million cards, portfolio tracking, and an integrated buying/selling platform.[1][2][4][6] With 3.5 million users scanning 2 million cards daily as of mid-2025, CollX has raised approximately $19.7 million, employs around 22 people, and continues rapid growth amid the booming collectibles market.[4][5]
CollX was co-founded in 2021 by Ted Mann (CEO) and Kostas Nasis (CTO), inspired by Mann's children’s passion for sports card trading.[1][3] Mann, a proven entrepreneur, paired with Nasis's expertise in software development and user-focused product engineering to launch the app in January 2022 from Haddonfield, New Jersey (with ties to Philadelphia).[1][2][3][4] Early traction came from its core scanning feature against a database starting at 10 million cards, quickly expanding to solve real pain points for collectors, leading to viral adoption and features like marketplace trading.[3][5]
CollX rides the explosion of digital collectibles, fueled by nostalgia, Gen Z entry via kids/parents, live streaming (Whatnot, Fanatics), and AI tools transforming a $100B+ market.[5] Perfect timing post-2020 hobby resurgence aligns with image recognition advances and marketplace consolidation, outpacing fragmented competitors like COMC or CardSeer by centralizing scan-value-trade in one app.[2][5] It influences the ecosystem as an entry point for new collectors, boosting transparency, liquidity, and innovations like AI pricing for sealed packs, while competing with eBay and enabling pro tools amid streaming "breaks" and mystery boxes.[2][5]
CollX is poised to dominate as the go-to app for a maturing collectibles tech stack, with AI enhancements, live integrations, and pro features driving user growth beyond 3.5 million.[5][6] Trends like cross-gen participation, digital repacks, and AI valuation will amplify its edge, potentially expanding to more collectibles (coins, comics) or global markets. Its influence could evolve from scanner to full hobby platform, challenging incumbents if it sustains momentum in a streaming-saturated space—turning casual scans into lifelong collector loyalty, just as it began with a father's kids.
CollX has raised $16.0M in total across 2 funding rounds.
CollX's investors include Brand Foundry Ventures, Operator Partners, Ryan Schinman.