About Lockerz
Lockerz is a company based in Seattle (United States) founded in 2009 by Kathy Savitt was acquired by LightInTheBox in January 2014. It operates as a B2C, and Affiliate Marketing. Lockerz has raised $51.14 million across 6 funding rounds from investors including Live Nation Entertainment, Kleiner Perkins and LightInTheBox. Lockerz has completed 3 acquisitions, including AddToAny, Off & Away and Wishpot. Lockerz offers products and services including Blog Platform and Affiliate Services. Lockerz operates in a competitive market with competitors including Amazon, Zulily, Wish Shopping, Kogan and Saks Fifth Avenue, among others.
- Headquarter Seattle, United States
- Founders Kathy Savitt
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Sectors
Media & EntertainmentRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lockerz, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$51.14 M (USD)
in 6 rounds
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Latest Funding Round
$8.96 M (USD), Series C
Oct 31, 2013
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Investors
Live Nation Entertainment
& 4 more
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Employee Count
Employee Count
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Investments & Acquisitions
AddToAny
& 2 more
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Acquired by
LightInTheBox
(Jan 06, 2014)
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Products & Services of Lockerz
Lockerz offers a comprehensive portfolio of products and services, including Blog Platform and Affiliate Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Website for publishing articles on diverse topics like technology and finance.
Program linking to e-commerce sites for advertising revenue generation.
Funding Insights of Lockerz
Lockerz has successfully raised a total of $51.14M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $8.96 million completed in October 2013. 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 6
- Last Round Series C — $9.0M
- First Round First Round
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2013 | Amount | Series C - Lockerz | Valuation |
investors |
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| Oct, 2012 | Amount | Series C - Lockerz | Valuation | Liberty Media , Live Nation Entertainment | |
| Sep, 2012 | Amount | Series C - Lockerz | Valuation |
investors |
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| 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 Lockerz
Lockerz has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Live Nation Entertainment, Kleiner Perkins and LightInTheBox. 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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Mid-stage venture capital investments and support for tech entrepreneurs.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early-stage tech startups
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Founded Year | Domain | Location | |
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Assets in media, communications, and entertainment sectors are managed.
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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 Lockerz
Lockerz has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include AddToAny, Off & Away and Wishpot. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Hand-picked holiday packages are offered via an online travel portal.
|
2009 | ||||
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AddToAny is recognized for providing universal sharing solutions.
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2006 | ||||
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Online wishlists and wedding registries are managed for users.
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lockerz
| 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 |
Lockerz Comparisons
Competitors of Lockerz
Lockerz 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 Amazon, Zulily, Wish Shopping, Kogan and Saks Fifth Avenue, 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 |
Multi-category products are offered through an online marketplace.
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| domain | founded_year | HQ Location |
Online shopping platform is operated via flash sales by Zulily.
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| domain | founded_year | HQ Location |
Online marketplace platform offering multi-category consumer products
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| domain | founded_year | HQ Location |
Multi-category products such as electronics and fashion are retailed online.
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| domain | founded_year | HQ Location |
Online retailer offering multi-category consumer products
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| domain | founded_year | HQ Location |
Multi-category products are retailed online by Goop.
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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 Lockerz
When was Lockerz founded?
Lockerz was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Lockerz located?
Lockerz is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Lockerz?
Kathy Savitt is the current CEO of Lockerz. They have also founded this company.
Is Lockerz a funded company?
Lockerz is a funded company, having raised a total of $51.14M across 6 funding rounds to date. The company's 1st funding round was a Series C of $675.12K, raised on Jul 06, 2010.
What does Lockerz do?
Lockerz operates as an online blog site offering a wide range of articles across categories such as technology, finance, health, and entertainment. It features user-generated and curated content, including affiliate links for e-commerce partnerships. Based on general web presence, it engages audiences through informative posts and promotes products via Amazon Associates. The platform serves individual readers seeking knowledge and inspiration, without specifying exact client details.
What products or services does Lockerz offer?
Lockerz offers Blog Platform and Affiliate Services.
How many acquisitions has Lockerz made?
Lockerz has made 3 acquisitions, including AddToAny, Off & Away, and Wishpot.
Who are Lockerz's investors?
Lockerz has 5 investors. Key investors include Live Nation Entertainment, Kleiner Perkins, LightInTheBox, Liberty Media, and DAG Ventures.
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