Loot Crate
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 23.6m | 23.6m | 14.5m | 14.5m | 14.5m |
% growth | - | - | (39 %) | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$15.0m | Debt | ||
$18.5m | Series A | ||
$23.0m | Early VC | ||
Total Funding | AUD64.1m |
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Recent News about Loot Crate
EditLoot Crate is a subscription-based service that delivers monthly boxes filled with exclusive products from top pop culture franchises. Catering primarily to gamers, geeks, and nerds, Loot Crate operates in the fan commerce market, which focuses on products related to popular culture and entertainment. The company's business model revolves around a recurring subscription fee, which provides a steady stream of revenue. Each month, subscribers receive a curated box containing collectibles, apparel, and other merchandise that are often exclusive and not available elsewhere. This exclusivity drives demand and customer loyalty, as fans eagerly anticipate the unique items in each box. Loot Crate's mission is to unite the world through the shared celebration of fandom, creating a community of enthusiasts who appreciate the same pop culture phenomena. The company also ensures compliance with various privacy protection acts, such as the California Online Privacy Protection Act and the Children's Online Privacy Protection Act, to safeguard customer information.
Keywords: subscription boxes, pop culture, exclusive products, gamers, geeks, nerds, fan commerce, collectibles, apparel, community.