Man Crates Raises $3.1M
Summary
Man Crates, a Redwood City-based platform for gifts for men, raised $3.1m seed funding round.Backers included Rothenberg Ventures, Sovereign’s Capital, Eric Chen’s OVO Fund, Sam Yagan’s Corazon Capital, Tekton Ventures, Pete Koomen (Optimizely), Mac Harman (Balsam Brands) and the Founders of ApartmentList (John Kobs, Chris Herndon and Chris Erickson).The company intends to use the funds to expand its product offerings and diversify its portfolio in the coming year.Led by Founder and CEO Jon Beekman, Man Crates is an e-commerce company that delivers gifts for men.It currently employs over thirty people and aims to double staff by year’s end hiring across all functions with special emphasis on marketing, technology, creative and product development.