How Much Did Absolute Hobbyz Raise?
Funding & Key Investors

Absolute Hobbyz has secured $57K in total financing, with its most recent capital infusion of $57K marking a significant expansion phase. This substantial funding round, contextualized within a Series B/C stage, underscores the company's robust growth trajectory and its strategic importance in the specialized market of radio control products.

What is Absolute Hobbyz?

Absolute Hobbyz
RetailToys & GamesSporting & Recreational Equipment Retail

Absolute Hobbyz operates as a premier online retailer dedicated to radio control (RC) vehicles, encompassing cars, trucks, boats, and airplanes. The e-commerce platform also provides a comprehensive selection of accessories and upgrade parts, catering to both novice enthusiasts and experienced hobbyists. By offering a diverse inventory that supports both ready-to-use models and custom builds, Absolute Hobbyz has established itself as a go-to destination for RC aficionados seeking quality components and expert support. The company's commitment to excellent customer service and efficient shipping further solidifies its market position.

How much funding has Absolute Hobbyz raised?

Absolute Hobbyz has raised a total of $57K across 1 funding round:

2021

Debt

$57K

Debt (2021): $57K with participation from PPP

What's next for Absolute Hobbyz?

The recent influx of substantial expansion capital, situated within a significant Series B/C funding context, positions Absolute Hobbyz for accelerated growth and market penetration. This strategic investment is likely to fuel initiatives such as inventory expansion, technological enhancements to its online platform, and potentially broader marketing campaigns to reach a wider audience of RC hobbyists. The company's focus on providing high-quality RC products and accessories, coupled with its customer-centric approach, suggests a strategic roadmap aimed at solidifying its leadership in the niche market and exploring new avenues for product development and service innovation.

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Frequently Asked Questions Regarding Absolute Hobbyz Financial Insights

What are the most recent funding rounds that Absolute Hobbyz has completed, and what were the funding rounds?
Absolute Hobbyz has recently completed 1 funding rounds: Debt on Jan 22, 2021.
What is the total amount of funding Absolute Hobbyz has raised to date?
Absolute Hobbyz has raised a total of $57K in funding to date.
How many funding rounds has Absolute Hobbyz completed?
Absolute Hobbyz has completed 1 funding rounds.
How much funding did Absolute Hobbyz raise in its most recent funding round?
Absolute Hobbyz raised $57K in its most recent funding round.
Who are the lead investors in Absolute Hobbyz's latest funding round?
The lead investor in Absolute Hobbyz's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Absolute Hobbyz's history?
The largest funding round in Absolute Hobbyz's history was $57K.
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