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- LootMogul
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
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
Website
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2022 | Undisclosed stage | The Global Emerging Markets Group (lead) | $200M | LootMogul 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 2022 | Series A | Harmony (lead); SL2 Capital | $7M | - |
| Sep 2021 | Seed | U2opia Mobile; Powerhouse Ventures | $3M | LootMogul 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Mar 2022 | ||
| 1 | Participant | Sep 2021 | ||
| 1 | Participant | Mar 2022 | ||
This data is available for Pro users. Sign up to see all 5 LootMogul investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialLootMogul Competitors
LootMogul competitors include listed companies like Ncino and Snowflake, and private ones like ConsenSys, Dapper Labs, Labs and Anthropic.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $252M | - | $7B | 27.8x | ||
| Private | - | - | $7.6B | - | ||
| Private | - | - | $10B | - | ||
| Publicly listed | $595M | $65M | $2.3B | 4.0x | ||
| Private | $47B | - | $965B | 20.5x | ||
| Publicly listed | $4.7B | ($1.3B) | $119B | 21.0x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $4.7B | ($1.3B) | 25.6x | 21.0x | (94.1x) | 121.7x | |||
| $477M | ($5.4B) | 149.4x | 144.4x | (13.1x) | (12.3x) | |||
| $108M | ($658M) | 422.9x | 65.9x | (69.4x) | (73.0x) | |||
| $24B | $2.2B | 1.7x | 1.6x | 18.6x | 9.4x | |||
| $7.2B | $1.8B | 6.1x | 7.6x | 24.2x | 27.2x | |||
| $4.5B | $1.4B | 6.2x | 5.9x | 20.1x | 23.3x | |||
| $2.7B | ($73M) | 7.2x | 6.8x | (273.4x) | 29.6x | |||
This data is available for Pro users. Sign up to see all LootMogul competitors and their valuation data. Start Free Trial | ||||||||
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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