Rares is an innovative social investing platform and the first alternative asset marketplace exclusively for sneakers.
Rares is the online community and marketplace for investing in ultra-rare, vintage and collectible sneakers.
Rares was founded in 2020 by Gerome Sapp, with Awah Teh and Hector Tantoh. The company is headquartered in Las Vegas, Nevada.
Rares provides a safe and secure environment for sneaker investors to buy and trade fractional ownership of extremely rare assets (i.e. sneakers). It is the only S.E.C. regulated stock market exclusively for sneakers.
Rares has taken the concept of traditional investing and merged it with the highly sought-after sneaker market to create a one-of-a-kind platform where users can buy and sell shares of the highest valued sneakers in existence.
Rares has raised $4M in a Seed funding on Oct 11, 2021. The round was led by MaC Venture Capital, with participations from Cake Ventures, Portfolia Rising America Funds I and II, Evolution VC, and others.