BALTIMORE, Md., Sept. 12, 2018 /PRNewswire-PRWeb/ -- Hunt A Killer, the fastest-growing thriller subscription in the world, announced today that it has received its first outside funding in the amount of $8 million from Clearbanc, a capital provider for web-enabled businesses using business data to make fast financing decisions, in order to achieve mass market growth at an unprecedented speed.
"Clearbanc has been a true partner from the beginning and we're fortunate to have their support to scale and expand once again," said Ryan Hogan, co-founder and CEO of Hunt A Killer. "With a proven business model and the independent ability to grow 15,000 percent without any major outside investment in our first year and a half, we knew it was time to take our funding efforts to the next level by connecting with a trusted and progressive platform to accomplish our upcoming goal."
Entering into a new territory, Clearbanc selected Hunt A Killer as one of their first e-commerce clients. The relationship between the two thriving organizations began in December 2016 and has since flourished to a more than eight million dollar agreement. To date, Clearbanc, launched by successful serial entrepreneurs Michele Romanow and Andrew D'Souza, has provided more than $1 million to the booming startup and will deploy an additional $7 million throughout 2018. Hunt A Killer currently boasts tens of thousands of subscribers within its experiential entertainment platform and generates hundreds of thousands of dollars in revenue per month. The capital will be allocated toward the remaining year's marketing and customer acquisition budget with a goal of doubling memberships over the next three months through various channels such as retargeting campaigns, retention and ambassador programs, high-profile partnerships, national commercials, recruitment and more.
"Clearbanc is committed to funding the most innovative, growth-focused e-commerce businesses globally. Our unique approach to funding repeatable customer acquisition is a perfect fit for online subscription businesses like Hunt a Killer," said Andrew D'Souza, co-founder and CEO of Clearbanc. "From when we first met Ryan and learned about his business model, we knew he was onto something big and we're excited to partner with him to achieve his growth objectives."
By joining Clearbanc's impressive roster of clients, BauBax, Globein, Blueprint Registry, Sebastian Cruz Couture, Vinebox, HoneyBum, and Grace and Stella, Hunt A Killer is equipped to achieve milestones at a record pace thus further solidifying its name as a pioneer in the interactive entertainment industry. In partnership with Clearbanc, Hunt A Killer is positioned to continue their commitment as an unmatched immersive experience, encapsulating investigation, thrill and passion for true crime fans across the globe. With its recent bi-coastal expansion into Seattle and podcast undertakings, the creators of the popular murder mystery subscription box aim to take its ingenious idea and unique delivery method for dynamic storytelling and turn it into a revolutionary global company with a Series A funding round in 2019.
For additional information on Hunt A Killer, visit huntakiller.com. To learn more about Clearbanc, visit clearbanc.com.
ABOUT HUNT A KILLER
Hunt A Killer (HAK), the fastest-growing thriller subscription service in the world, is an immersive entertainment service that challenges its players to hunt and catch a killer through its interactive monthly membership boxes and premium experiences allowing thrill seeking minds to solve intricate, ongoing, fictional murder mysteries. Filled with clues, codes and ciphers, each curated delivery serves as a TV show or movie that you can touch, feel and smell enabling members to step inside the mind of a homicide investigator and hunt a killer. Hunt A Killer launched its exclusive membership program in October 2016 and continues to deliver curiosity and imagination through original narrative and interpretation. For more information on Hunt A Killer, visit huntakiller.com.
ABOUT CLEARBANC
Clearbanc provides capital to growing e-commerce brands who are looking to scale up their marketing budgets at strategic times throughout the year. Clearbanc has provided up to $10M to qualified e-commerce companies to help them reach their growth milestones faster. For more information on Clearbanc and financing opportunities, visit clearbanc.com.
SOURCE Hunt a Killer
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