LOS ANGELES, CA, US, May 21, 2022 / EINPresswire.com/ – Nate Llorando saw entrepreneurship as a way out of poverty. Today, the Filipino-American entrepreneur trains professional athletes, influencers, and Hollywood celebrities on how to start and run their own businesses and brands.
One of four siblings who grew up in Northern California in a modest home and converted garage, Nate witnessed his parents’ struggles while realizing the opportunities. His immediate family of six lived downstairs while his cousins lived upstairs. The house was so compact that in order for his parents to use the bathroom, they had to pass through the children’s bedroom that Nate shared with his three siblings.
Fast-forward to 2019, Nate founded Looptify, a high-profile merchandise marketplace platform for Hollywood celebrities like Dave Chappelle and Shaunie O’Neal and professional athletes like Kyle Kuzma and Manny Pacquiao.
Nate and his company offer a turnkey solution to help celebrities, digital influencers and athletes start their merchandise to grow their branded business.
“I’ve watched my parents struggle and my friends’ desire for a better life,” CEO Nate Llorando stated. Then I went on to watch successful sports friends who want to create their own brands but don’t know where and how to start. It is rewarding to be able to lend a hand and share my knowledge and resources. I won, I won. Simply.”
Looptify has not only endured the pandemic, it is growing nonetheless. Nate’s partnership with Dave Chappelle has sold nearly one million units of Chappelle’s signature masks.
Although Lootify had to close its business for four months at the start of the pandemic, it is back stronger than ever as it increased from 4 employees to 41 in the past two years.
The market for direct selling to the masses tripled sales of celebrity merchandise for 2020 in 2021 from $1,600,000 to $4,900,000.
Additionally, Looptify recently partnered with young and celebrity athletes Shareef and Me’arah O’Neal to expand into college and high school athletic apparel.
In the post-pandemic era, digital and mobile media outlets are increasingly in demand by consumers. Mobile app developers have discovered ways to bring online shoppers closer to the brands and personalities they love.
Looptify, a mobile marketplace designed to bring celebrity and influencer merchandise directly to their followers, announced today that it has raised $7,000,000 in Series A. With sheer enthusiasm even at the founding stage, the Los Angeles-based venture quickly raised funding once in 2019.
“I was very impressed by Nate’s deep relationships with the most influential influencers in the entertainment space and his passion for building exclusive fan experiences,” says Lu Zhang, founder and managing partner of Fusion Fund and Forbes 30 Under 30. We were excited to partner with Nate early on, and look forward to supporting the company as it expands to millions of users.”
Besides focusing on business development, Nate jumped into action when he realized that personal protective equipment was missing in Los Angeles County. He used the resources and relationships he had with manufacturers and distributors and purchased $60,000 worth of personal protective equipment and donated it to various organizations including the Monterey Park Police Department, the San Gabriel Valley Police Department, Palmdale and the Regional Medical Center.
About Looptify
Looptify is a high-profile marketplace platform for celebrities, influencers, professional athletes, and more. Looptify offers a turnkey solution for celebrities and influencers to create merchandise and sell it to their loyal fans. Their notable current partners include Dave Chappelle, Manny Pacquiao, Shawnee O’Neill and Kyle Kuzma. Well-known Looptify financiers include Silicon Valley’s Fusion Fund and Shima Capital. Through the Looptify app, fans can access the latest brands of prominent app partners. Recent interactive features include celebrity shout-outs and direct messages with fans. The Looptify ecosystem helps celebrities, influencers, athletes and other high profile personalities start their brand. The phone app is available here.
Yvonne Nguyen
Looptify, Inc
[email protected]
