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.
Clearbanc is 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.
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.
“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.”
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.