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Loot Crate history
Loot Crate company history timeline
The September 2012 Loot Crate Box was a massive hit, so before the October 2012 Box was released, they thought it would be a cool idea to put a t-shirt inside too.
Loot Crate was founded in the year 2012.
Afterward, Chris and Matthew changed the design for the February 2013 box, attracting even more subscribers and attention to their product.
By 2013, Loot Crate was sending out free boxes to famous YouTubers, which was a form of advertising that was relatively new at the time.
The founders decided to raise the price of the box from $13.37 to $29 in May 2014, significantly raising the profit margin, and surprising some of their fans.
By the year 2014, the company had over 200,000 subscribers in almost ten different countries.
During the year 2014, the company was officially the sponsor of an American esports team, named Optic Gaming.
As Chris' appetites grew, Loot Crate implemented a number of new features, including the Share feature in February 2015 and the 'Lvl Up' feature in August 2015.
Then in the year 2016, the company had announced a Loot Gaming subscription option with boxes containing video game-related content.
Also in the year 2016, Loot Crate officially sponsored the Dungeons & Dragons web series program named 'Critical Role' as well.
At the beginning of 2016, Loot Crate made it to the cover page of Inc.
In 2016, the company was ranked #1 on Inc's Fastest Growing Private Companies and on the Deloitte Fast 500 North America list.
In 2019, the company announced that it was filing for bankruptcy and fired more than half of its employees.
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Zippia gives an in-depth look into the details of Loot Crate, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Loot Crate. The employee data is based on information from people who have self-reported their past or current employments at Loot Crate. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Loot Crate. The data presented on this page does not represent the view of Loot Crate and its employees or that of Zippia.
Loot Crate may also be known as or be related to Loot Crate, Loot Crate Inc and Loot Crate, Inc.