Funko opened its new headquarters and 17,000-square-foot (1,600 m 2) flagship store in downtown Everett on August 19, 2017.
Funko acquired British toymaker Underground Toys, also its European distributor, in early 2017. īy 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. ACON Investments, LLC announced in late 2015 that it had acquired Funko from Fundamental Capital, LLC, but would keep current staff and the head of company. The company was sold to Fundamental Capital, a private equity firm, in 2013 to raise funds. By 2012, the company had sold more than $20 million worth of merchandise. In 2011, Funko began selling their Pop! Vinyl line of figurines. In 2005, Becker sold Funko to its current Chief Creative Officer, Brian Mariotti, who moved its offices to Lynnwood, Washington, and significantly expanded the company's licensed product lines. After this, some of the first characters that Funko sold were the Grinch, Tony the Tiger, and Cheerios mascot, the honeybee. 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. 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. History Funko headquarters in Everett, Washingtonįunko was founded in 1998 by toy collector Mike Becker at his home in Snohomish, Washington. Since then, the company has increased the scope of its toy lines and signed licensing deals with major companies such as Warner Bros., Nickelodeon, MTV, NBCUniversal, Disney, Marvel Entertainment, and Major League Baseball. Sold in 2005, Funko, LLC, is now headed by CEO Andrew Perlmutter. The company's first manufactured bobblehead was of the Big Boy mascot, the well-known restaurant advertising icon. Founded in 1998 by Mike Becker and Claudia Becker, Funko was originally conceived as a small project to create various low-tech, nostalgia-themed toys. In addition, the company produces licensed plush, action figures, apparel, accessories and games.
is an American company that manufactures licensed and limited pop culture collectibles, best known for its licensed vinyl figurines and bobbleheads.
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