Funko Inc. is an American company founded in 1998 by Mike and Claudia Becker. They manufacture pop culture collectibles such as vinyl figurines, bobbleheads, plush toys, action figures, apparel, accessories, and games. The company began as a small project to create nostalgia-themed toys, with their first product being a Big Boy restaurant mascot bobblehead.
Funko was founded in 1998 by Mike Becker and Claudia Becker with the goal of creating low-tech, nostalgia-themed toys.
Funko introduced its mascot, Freddy Funko, in 2002.
In 2005, Brian Mariotti purchased Funko and expanded its product lines and licensing agreements with companies such as Warner Bros., Nickelodeon, MTV, NBCUniversal, Disney, Marvel Entertainment, and Major League Baseball.
Mike Becker sold Funko to Brian Mariotti in 2005. Mariotti moved the company to Lynnwood, Washington, and expanded product lines.
Funko began offering convention-exclusive products at events like San Diego Comic-Con starting in 2006.
Funko's Pop! Vinyl line, designed in a Japanese chibi style, was created in 2010.
Following a preview at San Diego Comic-Con 2010, Funko officially unveiled its Pop! Vinyl line at the New York Toy Fair in 2011.
Funko achieved over $20 million in merchandise sales in 2012.
Private equity firm Fundamental Capital acquired Funko in 2013 to raise funds.
ACON Investments, LLC purchased Funko from Fundamental Capital in late 2015, retaining the existing staff and leadership.
Funko partnered with Marvel in 2015 to launch Marvel Collector Corps, a subscription box service offering exclusive collectibles, apparel, and accessories.
Funko acquired Loungefly, a fashion accessories line, in June 2017.
Funko opened its new headquarters and a 17,000-square-foot flagship store in downtown Everett on August 19, 2017.
On November 2, 2017, Funko went public on the NASDAQ stock exchange, but experienced a significant drop in share prices.
In February 2019, Funko acquired the board game development studio Forrest-Pruzan Creative, including its imprint Prospero Hall, to form Funko Games.
Warner Animation Group announced a live-action/animated Funko film in active development on September 16, 2019, with directors Mark Dindal and Teddy Newton.
Funko's second storefront, a 40,000-square-foot space with life-size statues and movie "sets," opened in Hollywood, Los Angeles, in November 2019.
Funko announced its Pop! Town line, featuring a Pop! Vinyl figure with a stylized landmark building, at Toy Fair 2019.
In February 2021, Teddy Newton was confirmed as the screenwriter for the Funko film, in addition to his directing role.
Funko launched a line of digital collectibles in August 2021, allowing collectors to purchase Funko-themed non-fungible token (NFT) packs.
Funko acquired Mondo, a high-end pop culture company, in June 2022.
Funko introduced Bitty Pops, miniature 1-inch versions of Funko Pops, at the London Toy Fair in January 2023.
Funko announced in March 2023 that they would be disposing of excess inventory due to limited warehouse capacity.
Funko announced the development of a game called Funko Fusion, based on NBCUniversal IPs, in 2023.
In partnership with Snoop Dogg, Funko opened the “Dogg House” store next to So-Fi Stadium in California in 2023, selling exclusive Funko Pop Vinyl figures and featuring a Funko-themed mural.
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