Loot Labs, a Seattle, WA-based startup empowering collectors with digitally-driven ways to enjoy their hobby, raised $6M in Seed funding.
The round was led by BITKRAFT Ventures, with participation from Sfermion, Fabric Ventures, and Everyrealm.
The company intends to use the funds to expand its gamified collectibles platform, BOXED.GG, into the digital video game collectibles market, starting with a beta for Counter-Strike 2 skins launching on October 28.
Led by CEO Milan Harris, Loot Labs is the creator of BOXED.GG, the collectibles experience for fans of Pokémon, Magic: The Gathering, Yu-Gi-Oh!, Counter-Strike 2, and more.
To date, BOXED.GG has thousands of registered users who collectively have opened more than 15M boxes and counting. They can sign-up for free at https://boxed.gg/cs and be ready to go on launch day.
BOXED.GG empowers its customers to digitally unbox the rare items they want. In the case of physical items like trading cards, customers can ship them straight to their doors, while virtual items like Counter-Strike 2 skins are transferred directly to their in-game inventory.
Loot Labs has an international team located across the UK, Netherlands, Canada, South Africa, and the United States, and leadership from Microsoft, NASA, Boeing, Lucas Arts, Twitch, and 2K.
