What is LootCrate?
Founded in 2012 and headquartered in Los Angeles, California, LootCrate operates as a fan subscription box service. The company collaborates with leading entities across entertainment, gaming, sports, and pop culture to curate monthly themed crates and develop interactive experiences. This strategic approach positions LootCrate as a key player in delivering specialized merchandise and content to dedicated fan bases.
How much funding has LootCrate raised?
LootCrate has raised a total of $41.9M across 3 funding rounds:
Series A
$18.5M
Unspecified
$23M
Debt
$350K
Series A (2016): $18.5M, investors not publicly disclosed
Unspecified (2018): $23M led by Atalaya Capital, Bioworld Merchandising, and NECA
Debt (2020): $350K supported by PPP
Key Investors in LootCrate
Atalaya Capital
Atalaya Capital Management is a privately held, SEC-registered, alternative investment advisory firm that purchases credit or asset-based investments through closed-end funds.
Bioworld Merchandising
Bioworld Merchandising creates licensed collections of products for retail and is headquartered in Irving, Texas.
NECA
The National Electrical Contractors Association (NECA) is an industry organization focused on electrical power, lighting, and communications systems since 1901.
What's next for LootCrate?
The recent major strategic investment suggests LootCrate is poised for a scaling phase, potentially focusing on expanding its partnerships, enhancing its product offerings, and reaching a broader audience. This infusion of capital will likely fuel innovation in its subscription models and interactive content, aiming to solidify its leadership in the niche market of fan-centric merchandise.
See full LootCrate company page
