Crave was founded in the fall of 2011 by seasoned entrepreneur and Stanford product designer Michael Topolovac, along with Ti Chang, an industrial designer from the Royal College of Art. First identifying a shifting sentiment and the need for sex toys that could shed their historical stigma, Crave launched a crowd-funding project for an innovative and elegant vibrator merged with a USB memory drive. The project ultimately secured over $100K from 900+ donors and further validated the company's belief that sensual products should look as good as they feel. Beyond beautiful and discreet design, Crave is among the few companies in the pleasure products industry that is led by a female product designer and builds its products in the U.S. Handling production in its San Francisco facility, the company maintains a commitment to designing and manufacturing high-quality, innovative and delightful products.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
09/19/13 | $2,400,000 | Series A |
Alemsah Ozturk Andrew McCormack Chaotic Ventures Diego Canoso Kate Schox Minnie Ingersoll Rob Nail | undisclosed |