Tech Company Financing Transactions
Lootcakes Funding Round
Konvoy Ventures, GAN Ventures and SOSV participated in a $2 million Seed funding round for Lootcakes. The round was announced by the company on 8/21/2020.
Transaction Overview
Company Name
Announced On
8/21/2020
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to develop and release a consumer mobile app to sit alongside its current web-based service and to open its private beta to more gamers, expand beyond the U.S. market, offer limited edition merch and virtual goods, and forge affiliate partnerships with YouTubers, streamers and game communities.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
175 Varick St.
New York, NY 10014
USA
New York, NY 10014
USA
Phone
Undisclosed
Website
Email Address
Overview
Lootcakes was founded with the mission of helping video game players to unlock the value of their game activity data, particularly their in-game purchasing and social data.
Management Team
Title
Name
Email & Social
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We do our best to document every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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