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Loot Crate digs up $18.5 million for its swag delivery service

  • Posted byby Mike Minotti
  • Updated
  • 1 min

Money is pretty good loot in itself.

Loot Crate, the site that sends themed, physical goodies every month to subscribers, announced today that it has received $18.5 million in Series A funding. The funding round was led by Upfront Ventures, with participation from Breakwater Investment Management, Time Inc., Downey Ventures, M13, and SterlingVC. Loot Crate has over 600,000 subscribers worldwide.

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Written by

Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.