Led by Atalaya Capital Management LP in New York, popular geek-merchandise company Loot Crate has obtained $23 million in new financing. In total, Loot Crate has received $41.5M in funding.
The company has been running since 2012, and it is one of the most well known box-subscription services worldwide. With this new financing they are setting out to improve their customer experience, launch new products, and grow their existing subscriptions.
Loot Crate has seen some tough times in the past 6 years, but they have managed to stay afloat and keep the business going. They are virtually the top name in pop culture, sports and gaming subscriptions.
The company also makes their own products, and they have new commercial agreements with National Entertainment Collectibles Association, and Bioworld Merchandising. With strong partnerships and new funding, Loot Crate is sure to continue providing quality products to pop culture fans across the world.