# Tibles

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tibles

- Industry: Internet
- Headquarters: Brooklyn, US
- Website: www.tibles.com
- Total disclosed funding: $4.1M
- Latest round: Seed (Dec 23, 2021)
- Investors on record: 6

## About

Tibles Inc is a digital collectibles company focused on delivering engaging and interactive collecting experiences through themed collections and innovative products for a wide range of collectors.Tibles Inc, founded in 2018 and headquartered in Brooklyn, US, specializes in digital collectibles. The company has pivoted its business strategy to focus on themed collections that appeal to various demographics. Tibles has secured a total of USD 3.000 mn in funding, with its latest round being a Seed round in December 2021, led by Cadenza Ventures and featuring participation from Alumni Ventures Group and Dapper Labs Inc.Tibles Inc. specializes in the creation of digital collectibles that provide an interactive, engaging, and authentic collecting experience for users. The company's core offerings include various themed collections such as FuggClub, featuring whimsical monster characters; Sk8tibles, which supports the Skateboarding Hall of Fame and Museum; and Fraggle Rock Tibles, highlighting characters from a classic television show. They also offer OneShots, focusing on comics from the Valiant Comics Universe, and Seussibles, showcasing iconic characters from Dr. Seuss’s works. These digital collectibles are designed to be simple to buy, trade, and showcase, targeting collectors of all ages across diverse demographics.Tibles generates revenue through direct-to-consumer sales of its digital collectibles, enabling customers to purchase items like trading cards and themed collectibles. Users can buy packs of collectibles, often starting with a promotional offer of a free pack, fostering initial engagement. Customers can trade duplicates or create new rare items within the platform, enhancing community involvement. Tibles' pricing structure is based on individual product purchases, offering various themed packs that can be customized to user preferences. The firm’s revenue model leverages the popularity of its trademarked collections, integrating social aspects such as forums and leaderboard challenges to enhance user interaction and retention.Tibles Inc plans to expand its product offerings and improve its digital collectibles platform. The recent funding of USD 3.000 mn from the Seed round in December 2021 will support these initiatives. The company aims to launch new themed collections and enhance user experience within the platform. Tibles is also targeting market expansion into Europe, with efforts to reach new collectors by the end of 2023.

## Funding rounds

- Seed, Dec 23, 2021, $3M — Alumni Ventures Group, Dapper Labs Inc., Cadenza Capital Management
- Seed, May 20, 2021, $1.1M — Multicoin Capital, Dapper Labs Inc., CoinFund Management, Warburg Serres

## Investors

- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Seed
- Dapper Labs Inc. — Seed
- CoinFund Management (https://capitalatlas.ai/funds/coinfund-management) — Seed
- Warburg Serres (https://capitalatlas.ai/funds/warburg-serres) — Seed
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Seed
- Cadenza Capital Management (https://capitalatlas.ai/funds/cadenza-capital-management) — Seed