Loot Crate, Inc.
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Loot Crate, Inc. - overview
Established
2012
Location
Los Angeles, CA, US
Primary Industry
Consumer Products
About
Loot Crate, Inc. specializes in subscription box services for gamers and pop culture enthusiasts, delivering curated merchandise that includes exclusive collectibles, apparel, and themed items from a variety of franchises. Founded in 2012 in Los Angeles, US, Loot Crate, Inc. provides subscription services centered on pop culture.
The company has garnered attention from investors, securing a Series B funding round of USD 23. 00 mn on August 28, 2018, led by Atalaya Capital Management, alongside Bioworld Merchandising, Inc. and National Entertainment Collectibles Association, Inc. Chris Davis, who also serves as the CEO, has been instrumental in steering the company since its inception.
Loot Crate™ specializes in providing subscription box services tailored to gamers and fans of pop culture. Their core offerings include monthly surprise bundles filled with exclusive collectibles, apparel, and gear representing various franchises from movies, television shows, and video games. The company targets a diverse customer base that encompasses enthusiasts of genres such as horror, fantasy, and science fiction, with specific boxes curated for iconic themes, including Hogwarts™ and other beloved franchises. These subscription boxes are designed to enhance the customer experience by delivering curated, high-quality merchandise directly to consumers' doors.
Loot Crate™ serves markets predominantly in North America and Europe, providing a global reach to fandom communities that seek unique merchandise related to their interests. Loot Crate™ generates revenue primarily through its subscription model, where customers pay for recurring deliveries of curated merchandise. Transactions occur directly between the company and individual consumers, allowing for streamlined B2C interactions. Customers typically select a subscription plan, which may vary in duration and content, enabling them to receive themed boxes each month.
The company’s flagship products include exclusive merchandise from popular franchises, enhancing their appeal to a dedicated audience of collectors and fans. This direct transaction structure fosters a consistent revenue stream, as customers often engage in long-term subscriptions, further solidifying Loot Crate™'s position within the niche market of collectible merchandise. In August 2018, Loot Crate, Inc. secured USD 23.
00 mn in Series B funding, which will be utilized to enhance product offerings and expand into new markets. The company is focused on launching new themed subscription boxes aimed at expanding its reach within North America and Europe, particularly targeting the growing demand among fans of emerging franchises. The new product line is expected to roll out in the upcoming year, reflecting the latest trends in pop culture and gaming.
Current Investors
Upfront, Breakwater Management, Time Inc.
Primary Industry
Consumer Products
Sub Industries
Consumer Products
Website
www.lootcrate.com
Verticals
E-commerce, Mobile Apps
Company Stage
Series B
Total Amount Raised
Subscriber access only

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