Loot Crate, a fan-based commerce platform, has secured $18.5 million in Series A funding. Upfront Ventures led the round with participation from Breakwater Investment Management, Time Inc., Downey Ventures, M13 and Sterling.VC. In conjunction with the funding, Greg Bettinelli, a partner at Upfront Ventures, has been added to Loot Crate’s board of directors.
Source: Press Release