LootMogul Funding, Investors & Competitors

LootMogul has raised $210M across 3 funding rounds, most recently a $200M undisclosed-stage round in September 2022.

Last LootMogul funding round

$200M

Undisclosed stage · Sep 2022

Cumulative funding LootMogul raised

$210M

across 3 funding rounds

Key investors in LootMogul

  • Powerhouse Ventures
  • The Global Emerging Markets Group
  • SL2 Capital
  • Harmony
  • U2opia Mobile

LootMogul Overview

About LootMogul

LootMogul is a Miami-headquartered blockchain platform tokenizing sports real-world assets such as athlete equity, team memorabilia, and stadium naming rights into revenue-sharing NFTs. Backed by NBA and NFL Players Associations and a16z Crypto Startup School, it deploys AI agents like SuperAthlete.ai for fan interactions via chat and metaverse experiences. Active since 2021, LootMogul facilitates on-chain royalties for rights holders across soccer, basketball, and motorsports.


Founded

2022

HQ

United StatesLos Angeles, CA

Status

Privately held

Customer focus

B2C

Revenue model

Commission

LootMogul Funding History

LootMogul has raised a total of $210M across 3 funding rounds.

LootMogul's first fundraising round was a $3M seed round in September 2021. The most recent completed round was a $200M undisclosed-stage round in September 2022.

LootMogul funding rounds

LootMogul funding rounds
DateStageInvestorsRaisedDeal Summary
Sep 2022Undisclosed stageThe Global Emerging Markets Group (lead)$200MLootMogul is a Santa Monica-based sports metaverse platform offering NFTs, branded virtual real estate, blockchain gaming, meta shops, training academies, and real-world rewards, accessible via Oculus, HoloLens, web, mobile, and consoles. The company, led by CEO Raj Rajkotia (former Warner Bros. Games IT head), partners with athletes like retired WNBA star Lisa Leslie, ex-NBA players Carlos Boozer and Mario Chalmers, and has 253 brand ambassadors with plans for over 1,000 by Q4 2023. It secured a $200 million equity share subscription facility from GEM Global Yield (part of Global Emerging Markets Group) on September 16, 2022, allowing drawdowns over 36 months post-equity exchange listing, with LootMogul controlling timing and size. Previously, LootMogul raised $8.25 million in seed funding at a $41 million pre-money equity valuation. The GEM commitment supports building athlete-led virtual sports cities, expanding web3 community by attracting web2 gamers and sports fans, and enhancing immersive experiences like trivia games, NFT collections with real-life benefits, and sponsored tournaments with The Sandbox. Traction includes cashflow positivity, ~$80k monthly revenue (annualized to ~$960k), 104 million platform reach via athletes, 84k active users, 24k daily games played, and 576 months of engineering resources. LootMogul emphasizes a scalable revenue model through sports commerce (meta-commerce, brand ads converting web2 stores to web3 shops) and athlete-driven mini blockchain games (learn & earn, play & earn). It leverages web2/web3 infrastructure for global scaling, focusing on real utility, AI-driven features, and customer-aligned omni-channel engagement for athletes, fans, and brands in the growing metaverse space.
Mar 2022Series AHarmony (lead); SL2 Capital$7M-
Sep 2021SeedU2opia Mobile; Powerhouse Ventures$3MLootMogul is a Santa Monica-based athlete-led sports metaverse web3 platform that uses blockchain games, meta stores for brands and players. The company was founded in 2020 by Kuntal Sampat and Raj Rajkotia. On September 14, 2021, LootMogul completed a Series Seed funding round, raising $1 million at a post-money valuation of $4.2 million, with key investors Powerhouse Ventures and U2opia Mobile. The price per share was $0.09, with 10,989,012 shares outstanding. Subsequent rounds included additional seed funding in 2022 and a $200 million private equity round on September 19, 2022, backed by investors such as The Global Emerging Markets Group, bringing total equity funding to over $200 million.

Who has invested in LootMogul?

5 investors have backed LootMogul across its funding rounds, including Powerhouse Ventures, The Global Emerging Markets Group, SL2 Capital, Harmony and U2opia Mobile.

Lead investors include The Global Emerging Markets Group and Harmony.


LootMogul Investors

Investors in LootMogul by funding rounds participated
InvestorHQRoundsRoleFirst check
HarmonyUnited StatesSan Francisco, CA1LeadMar 2022
U2opia MobileIndiaIndia1ParticipantSep 2021
SL2 CapitalUAEDubai1ParticipantMar 2022

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LootMogul Competitors

LootMogul competitors include listed companies like Ncino and Snowflake, and private ones like ConsenSys, Dapper Labs, Labs and Anthropic.

Public and private companies comparable to LootMogul
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ConsenSysUnited StatesNew York City, NYPrivate$252M-$7B27.8x
Dapper LabsCanadaVancouverPrivate--$7.6B-
LabsUnited StatesLos Angeles, CAPrivate--$10B-
NcinoUnited StatesUnited StatesPublicly listed$595M$65M$2.3B4.0x
AnthropicUnited StatesSan Francisco, CAPrivate$47B-$965B20.5x
SnowflakeUnited StatesUnited StatesPublicly listed$4.7B($1.3B)$119B21.0x

LootMogul Public Comps

LootMogul is still privately-owned, but its public comps include Palantir, Snowflake, Strategy, Z.ai, Block, Coinbase, Liberty Media, Circle, Rogers and IonQ.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
Snowflake$4.7B($1.3B)25.6x21.0x(94.1x)121.7x
Strategy$477M($5.4B)149.4x144.4x(13.1x)(12.3x)
Z.ai$108M($658M)422.9x65.9x(69.4x)(73.0x)
Block$24B$2.2B1.7x1.6x18.6x9.4x
Coinbase$7.2B$1.8B6.1x7.6x24.2x27.2x
Liberty Media$4.5B$1.4B6.2x5.9x20.1x23.3x
Circle$2.7B($73M)7.2x6.8x(273.4x)29.6x

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Common questions about LootMogul

When was LootMogul founded?LootMogul was founded in 2022.
Where is LootMogul headquartered?LootMogul is headquartered in Los Angeles, CA, United States.
Is LootMogul publicly listed?No, LootMogul is a private, VC-backed company.
How much funding has LootMogul raised?LootMogul has raised $210M across 3 funding rounds.
What was LootMogul's last funding round?LootMogul's last funding round was a $200M undisclosed-stage round in September 2022, led by The Global Emerging Markets Group.
Who are LootMogul's investors?LootMogul's investors include Harmony, U2opia Mobile, SL2 Capital, Powerhouse Ventures and The Global Emerging Markets Group.
Which companies are comparable to LootMogul?Companies comparable to LootMogul include ConsenSys, Dapper Labs, Labs, Ncino, Anthropic and Snowflake.

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