Packz Secures $10.7M Funding From Makers Fund And Others In Collectibles Market

Packz, a gamified collectibles platform, has raised $10.7M in total funding from Makers Fund, The Raine Group, Courtside Ventures, RiverPark Ventures, Sharp Alpha, and executives at DraftKings Inc. In just six months, the NYC-based team has grown from selling its first pack to facilitating ~$8.1M in packs opened last month, with thousands of rare trading cards delivered to collectors. Operating with a small, fully in-person team, Packz emphasizes fast decision-making and end-to-end ownership for every team member. INVESTORS: Makers Fund, The Raine Group, Courtside Ventures, RiverPark Ventures & Sharp Alpha AMOUNT: $10,700,000 HQ: New York #VentureCapital #Packz #TradedVC