Tag Archives: Funko
Funko Toys Inc . is an American company that manufactures licensed pop culture collectibles, best known for its licensed vinyl figurines and bobbleheads. In addition, the company produces licensed plush, funko action figures , and electronic items such as USB drives, lamps, and headphones.
Founded in 1998 by Mike Becker, Funko was originally conceived as a small project to create various low-tech, nostalgia-themed toys. The company’s first manufactured bobblehead was of the well-known restaurant advertising icon, the Big Boy mascot.
Sold in 2005, Funko, LLC, is now headed by CEO Brian Mariotti. Since then, the company has increased the scope of its toy lines and signed licensing deals with major companies.
Funko was founded in 1998 by toy collector Mike Becker at his home in Snohomish, Washington. He started the business after failing to find an affordable coin bank of the Big Boy Restaurants mascot, instead licensing the rights to make his own coin banks from a Big Boy franchise in Michigan. The coin banks failed to sell and the franchise filed for bankruptcy protection, but Funko remained in business after licensing the rights to bobbleheads for Austin Powers, which sold 80,000 units.After this, some of the first characters that Funko sold were the Grinch, Tony the Tiger, and Cheerios mascot, the honeybee.
In 2005, Becker sold the company to its current CEO, Brian Mariotti, who moved its offices to Lynnwood, Washington, and significantly expanded the company’s licensed product lines. In 2011, Funko began selling their Pop! Vinyl line of figurines. By 2012, the company had sold more than $20 million worth of merchandise.
By 2016, it had outgrown its original headquarters in Everett and announced plans to move into a downtown building with more space and a retail store. Funko acquired British toymaker Underground Toys, also its European distributor, in early 2017. Funko opened its new headquarters and 17,000-square-foot (1,600 m2) flagship store in downtown Everett on August 19, 2017. Funko was listed on the NASDAQ stock exchange on November 2, 2017, but suffered the worst initial public offering of the 21st century, with shares falling by 40 percent and only raising $125 million.#wiki
Funko Toys – Marvel , Movies , Video Games , TV , Music Action Figures
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