One of Detroit’s fastest-growing startups, StockX, plans to hire more than 1,000 people with the help of $44 million in new investment, the company announced Wednesday at Crain's Detroit Homecoming event.

With co-founder Dan Gilbert, CEO Josh Luber said the funding will fuel international and domestic growth for the online marketplace and also allow it to explore new product offerings on its platform.

This new round of funding comes from Google Ventures and Battery Ventures, out of San Francisco’s Bay Area, as well as some household names like model Karlie Kloss, Salesforce CEO Marc Benioff and DJ Steve Aoki, according to Tech Crunch.

Detroit-based founder and managing partner of Annox Capital Bob Mylod and managing partner of Ludlow Ventures Jonathon Triest are also among the investors.

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StockX functions like a stock market for the reselling of hard-to-find sneakers, sportswear, watches and handbags.

The company currently has more than 200 job openings at its Detroit headquarters and authentication center, according to The Detroit News. StockX has grown to 370 employees, including about 40 workers at its western U.S. authentication center in Tempe, Ariz.

But Luber hopes in a year for it to be 1,500.

"We’d triple the engineering team, we’d double the authentication team, we’d double the customer service team. That is just part of hyper-growth,” Luber told the Free Press back in July.

The company’s marketplace revolves mostly around the sale and trading of sneakers, though it also sells streetwear. Customers can search for in-demand products priced and sold at rates set by the market rather than the seller. If one particular sneaker is in high demand, the price goes up.

In 2016, Luber partnered with Greg Schwartz, StockX COO, and Gilbert, the Quicken Loans founder and president. They have seen the company amass $2 million in daily transactions. Luber said StockX is coming near to a $1-billion range. The company overtook eBay last year for sneaker resale.

Luber said the company is committed to Detroit and plans to keep its headquarters in the city. StockX occupies Gilbert’s 30,000-square-foot One Campus Martius in Corktown. It recently moved its authentication and operations staff to additional space inside the Quicken Loans Data Center, 1401 Rosa Parks.

Free Press staff writer JC Reindl contributed to this report.