About Candy
Candy is a company based in New York (United States) founded in 2021 by Mathew Laibowitz and Scott Lawin was acquired by Futureverse in April 2025.. Candy has raised $100 million across 1 funding round from investors including Creative Artists Agency, Com2uS and Futureverse. Candy operates in a competitive market with competitors including Collectable, Chalk Line, Artist Originals, Creative Allies and Softside, among others.
- Headquarter New York, United States
- Founders Mathew Laibowitz, Scott Lawin
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Sectors
RetailFinancial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$100 M (USD)
in 1 rounds
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Latest Funding Round
$100 M (USD), Series A
Oct 21, 2021
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Investors
Creative Artists Agency
& 10 more
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Employee Count
Employee Count
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Acquired by
Futureverse
(Apr 16, 2025)
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Funding Insights of Candy
Candy has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Series A round of $100 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $100.0M
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First Round
First Round
(21 Oct 2021)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2021 | Amount | Series A - Candy | Valuation | Insight Partners , SoftBank Vision Fund |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Candy
Candy has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Creative Artists Agency, Com2uS and Futureverse. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Venture capital investments in technology and startups.
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Founded Year | Domain | Location | |
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Connect Ventures is focused on investing in innovative entrepreneurs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Candy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Candy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Candy Comparisons
Competitors of Candy
Candy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Collectable, Chalk Line, Artist Originals, Creative Allies and Softside, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online investing and community platform for sports fans
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| domain | founded_year | HQ Location |
Multi-category apparel merchandise is offered via an online platform.
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| domain | founded_year | HQ Location |
Online retailer of merchandised multi-category products
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| domain | founded_year | HQ Location |
Online platform enables designers to upload art for rock bands.
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| domain | founded_year | HQ Location |
Licensed fashion merchandise is offered via an online platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Candy
When was Candy founded?
Candy was founded in 2021.
Where is Candy located?
Candy is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Candy?
Scott Lawin is the current CEO of Candy. They have also founded this company.
Is Candy a funded company?
Candy is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Series A of $100M, raised on Oct 21, 2021.
What does Candy do?
Candy was established in 2021 in New York, United States, as a digital collectibles platform. A marketplace is provided for users to buy, sell, and trade digital items, including sports and entertainment memorabilia. Operations emphasize fan engagement through community features. The sector involves blockchain-based assets for collectors, with services centered on secure transactions and exclusive content access.
Who are the top competitors of Candy?
Candy's top competitors include Collectable, Chalk Line and Junk Food Clothing.
Who are Candy's investors?
Candy has 11 investors. Key investors include Creative Artists Agency, Com2uS, Futureverse, SoftBank Vision Fund, and Insight Partners.
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