Total amount raised
$86.8 Millions
Latest funding date
04/01/2024
Location
Camp has successfully raised funds through multiple rounds, with its latest funding round closing on April 9, 2024. The company is backed by notable investors, including BLH Venture Partners and Electric Feel Ventures.
Camp offers a unique retail experience for families, combining merchandise, play, and media to create an enriching environment. Keep reading to explore the intricacies of Camp's fundraising journey and the investors supporting this innovative platform.
What Is Camp?
Camp, founded in 2018 by Ben Kaufman and Nikki Kaufman, is a unique retail concept headquartered in New York, New York. The company operates in the e-commerce, family, and retail industries, offering a rotating selection of toys and experiences like cooking and craft classes.
With an employee count ranging from 101 to 250, Camp creates an enriching environment for kids and their parents. The company has multiple store locations across major U.S. cities, providing a new experience with each visit by rotating its theme every 8-12 weeks.
How Much Funding Has Camp Raised?
- Funding Round: Venture Round
- Amount Raised: $6.3M
- Date: September 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the company's operations and establish its first retail location.
- Funding Round: Series A
- Amount Raised: $10.5M
- Date: June 2019
- Lead Investors: Imaginary Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand retail operations and open new locations.
- Funding Round: Series B
- Amount Raised: Not publicly disclosed
- Date: April 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product offerings and improve customer experience.
- Funding Round: Convertible Note
- Amount Raised: $1.5M
- Date: November 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing operations and prepare for future growth.
- Funding Round: Venture Round
- Amount Raised: $42.4M
- Date: April 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale the business and expand into new markets.
- Funding Round: Venture Round
- Amount Raised: Not publicly disclosed
- Date: July 2022
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue growth and development of new retail concepts.
- Funding Round: Venture Round
- Amount Raised: $17.9M
- Date: June 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance digital presence and expand product lines.
- Funding Round: Venture Round
- Amount Raised: Not publicly disclosed
- Date: July 2023
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing expansion and operational needs.
- Funding Round: Venture Round
- Amount Raised: $8.2M
- Date: April 2024
- Lead Investors: BLH Venture Partners, Electric Feel Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further scale operations and enhance customer engagement.
Total Amount Raised: $86.7M. Current Valuation: Not publicly disclosed.
Key Investors
- BLH Venture Partners
- Details: BLH Venture Partners is a venture capital firm that invests in early-stage companies. They focus on providing strategic guidance and capital to help startups grow.
- Investment Focus Areas: Technology, consumer products, healthcare
- Notable Investments: Not publicly disclosed
- Electric Feel Ventures
- Details: Electric Feel Ventures is an investment firm that supports innovative companies in various sectors. They aim to partner with entrepreneurs to build impactful businesses.
- Investment Focus Areas: Entertainment, technology, consumer goods
- Notable Investments: Not publicly disclosed
- Rachel Schechtman
- Details: Rachel Schechtman is the Brand Experience Officer at Macy’s and the founder of Story, an NYC-based retailer. She serves on advisory boards for several retail startups.
- Investment Focus Areas: Retail ventures, brand experience, advisory roles in various retail startups
- Notable Investments: Birchbox, Bow & Drape
- James "Jim" Robinson
- Details: Jim Robinson is a co-founding General Partner at RRE Ventures. He serves on the boards of multiple decentralized ledger technology companies.
- Investment Focus Areas: Decentralized ledger technology, media companies, programmatic direct mail services
- Notable Investments: Bitpay, Hypr, Abra
- Nick Brown
- Details: Nick Brown is a co-founding Partner of Imaginary Ventures and a former partner at 14W and JP Morgan. He focuses on early-stage retail and fashion startups.
- Investment Focus Areas: Fashion and retail space, early-stage retail and fashion startups
- Notable Investments: Glossier, Everlane, Appear Here
What's Next for Camp?
Camp's future looks promising as it continues to blend retail with interactive experiences, a trend gaining traction in the industry. The company's unique approach, combining product sales with activities like cooking and craft classes, offers significant growth potential. With a successful fundraising history and plans to expand into new locations, Camp is well-positioned to capitalize on these opportunities.
Future fundraising efforts are likely to be bolstered by the company's innovative model and strong investor backing. However, challenges such as competition and the need for continuous innovation remain. As Camp navigates these hurdles, its ability to adapt and evolve will be crucial for sustained success.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like Camp and gather other critical business insights. Sign up for free to start enhancing your sales strategies today.
