B2B marketplace Ghost grabs $30m Series B

• The capital infusion will be used for personnel hiring and product development
• As a result of this fundraising, Ghost’s total funding tally is $68 million to date
• Launched in 2021, Ghost was co-founded by Josh Kaplan and Dee Murthy

Ghost, a B2B marketplace for surplus inventory, has secured $30 million in Series B funding.

Cathay Innovation led the round with participation from return backers Union Square Ventures, Equal Ventures and Eniac Ventures.

The capital infusion will be used for personnel hiring and product development.

As a result of this fundraising, Ghost’s total funding tally is $68 million to date.

“Ghost has found a way to fundamentally change the industry and unlock billions for both buyers and sellers by focusing on access,” said Simon Wu, a partner at Cathay Innovation, in a statement. “By allowing sellers to stop being ‘price takers’ and generate superior recovery rates while simultaneously granting buyers access to premium, highly sought-after inventory previously unattainable, Ghost grows the pie and creates win-win solutions for all parties.”

Launched in 2021, Ghost was co-founded by Josh Kaplan and Dee Murthy.