Packz
New York, US · Founded 2025 · 5 known investors
Packz is a New York digital repack platform where users open virtual packs and ship or sell back real graded trading cards.
Also known as Packz, Inc · Packz.io
Founders & leadership
Packz was founded in 2025 by Rahul Khatti and Balazs Szamosfalvi.
Investors · 5
Also in the syndicate · 1
Funding
SEC filings, press & company announcements$21.4M disclosed across 2 rounds · 2026
- $10.7MTotal funding disclosedApr 2026 · 3 sources
Courtside Ventures, DraftKings executives, Makers Fund, RiverPark Ventures, Sharp Alpha Advisors, The Raine Group
Source ↗
▶$10.7MraisedApr 2026 · 8 investors · Other TechnologyRule 506(b)
- Rahul KhattiExecutive Officer, Director
- Balazs SzamosfalviDirector
- Offering amount
- $10.7M
- Amount sold
- $10.7M
- Proceeds to insiders
- $400K
- First sale
- Mar 2026
- Incorporated
- Corporation, Delaware, 2025
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Packz operates a "digital repack" collectibles platform at packz.io, where users buy and open virtual card packs that contain real, professionally graded trading cards. Every card revealed is authenticated and slabbed by one of four grading companies — PSA, BGS, SGC or CGC. After a pack is opened, the user chooses between two outcomes: request physical shipment of the graded card, or sell it back to Packz for approximately 90% of its market value, credited to the account. Cards that are kept are held in secure, climate-controlled vaults with the user retaining ownership and the ability to request redemption at any time; reviewers report no storage fee and typical delivery within about two weeks, with a variable per-card shipping fee covering insurance and packing.
The catalog is organized into two categories, sports and Pokémon, each with seven price tiers from $25 to $2,500. Sports tiers are named Entry, Hobby, Pro, All Star, Master, Hall Of Fame and Legend; Pokémon tiers are Starter, Trainer, Gym, Arena, Shiny, Champion and Legendary. Sports packs draw on NBA, NFL and MLB cards including rookie, hall of fame and modern-star cards. One review reports stated odds of a 69.60% chance of pulling a card valued below the pack price and a 30.40% chance of pulling above it, with top outcomes up to 20x the purchase price and disclosed value ranges per tier (for example, $12.50–$500 on a $25 pack and $1,250–$25,000 on a $2,500 pack). Buyback values are described as derived from historical and real-time sales data. The site front page features a live feed of recent pulls and a leaderboard of the highest-value all-time pulls.
Business model
Packz sells digital packs at fixed price points ($25 to $2,500) whose contents are real graded cards; revenue derives from the spread between pack pricing and the value of cards distributed. The buyback mechanism repurchases pulled cards at roughly 90% of market value, but pays in non-withdrawable site credit usable only for further pack purchases, which recycles customer balances back into pack sales. Kept cards generate an additional per-card shipping fee.
Pack sales across seven tiers per category, plus per-card delivery fees; buyback settlements are issued as site credit rather than cash, retaining funds on the platform.
Traction
The company launched in September 2025 and, according to its CEO, facilitated roughly $8.1M in packs opened in March 2026, up about 76% month-over-month, having grown from its first pack sale within roughly six months. Trade coverage cites thousands of rare trading cards delivered to collectors. Following the April 2026 raise, the company was hiring across engineering and design with base salaries up to $300K plus equity.
Latest developments
In April 2026 Packz disclosed $10.7M in total funding from Makers Fund, The Raine Group, Courtside Ventures, Sharp Alpha Advisors, RiverPark Ventures and DraftKings executives, earmarked for expanding operations and development, and began hiring across engineering and design.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Packz launched in September 2025 and is positioned in the digital repack / gamified collectibles category, described by trade coverage as sitting at the intersection of e-commerce, betting mechanics and collectibles marketplaces. Its April 2026 investor group includes gaming and sports-media specialist funds and DraftKings executives, which trade press framed as evidence of venture interest in the collectibles-and-gaming crossover.
Combines pack-opening entertainment with physical settlement: every pull is a real card graded by PSA, BGS, SGC or CGC, and users can either take delivery or convert instantly to site credit at about 90% of market value. Published per-tier value ranges and pull odds, vaulted custody with no storage fee, and an instant-liquidity buyback distinguish it from purely physical repack retail.
Technology
Web-based pack-opening product with animated card reveals, an account wallet, a live feed of recent pulls and a value-ranked leaderboard. Buyback prices are computed from historical sales data drawn in real time from multiple sources. Cards are custodied in secure climate-controlled vaults pending redemption. Reviewers describe a mobile-accessible browser experience rather than a dedicated app.
Go-to-market
Direct-to-consumer through the packz.io website, supported by a one-time welcome offer giving new users guaranteed 100% buyback on their first purchase up to $100 (versus the standard 90%), applied automatically without a promo code. Affiliate and review-site placements carry sign-up promotions. Reviewers note no ongoing VIP or loyalty program for existing users.
US-resident retail collectors and hobbyists in sports cards (NBA, NFL, MLB) and Pokémon, spanning entry-level buyers at $25 packs through higher-spend collectors at $2,500 tiers.
Geography
Headquartered in New York City with a small, fully in-person team. Service and shipping are limited to US residents; the platform does not ship internationally and is restricted in some jurisdictions. Site language support is English only.
History
Packz launched its platform in September 2025 and was co-founded by Rahul Khatti, who serves as CEO, and Balazs Szamosfalvi. Within roughly six months of selling its first pack the New York-based company reported about $8.1M in packs opened in a single month, and in April 2026 it disclosed $10.7M in total funding.
Risks & controversies
Reviewers note that buyback proceeds are credited as non-withdrawable site credit redeemable only for more packs, that shipping fees are not published in advance, that payment options are limited to Visa, Mastercard, American Express and Discover, and that promotions beyond the first-purchase offer are absent. The platform is new, with limited independent user feedback and no Trustpilot presence as of the reviews, is available to US residents only, and is geo-restricted in some areas. Disclosed odds indicate a 69.60% chance that a pull is worth less than the pack price. Coverage appears largely on gambling and betting affiliate review sites, and the product is described as combining e-commerce with betting-style mechanics.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 3
launches, deals, and filingsFollowing the raise, Packz began hiring in engineering and design roles with base salaries up to $300K plus equity.
Packz reported $10.7M in total funding from Makers Fund, The Raine Group, Courtside Ventures, Sharp Alpha Advisors, RiverPark Ventures and executives at DraftKings, to be used to expand operations and development efforts.
$10.7M source ↗
Packz launched its digital repack platform offering sports and Pokemon packs containing real graded trading cards.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- Packzpackz.io · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Packz do?
- Packz is a New York digital repack platform where users open virtual packs and ship or sell back real graded trading cards.
- Who founded Packz?
- Packz was founded by Rahul Khatti, Balazs Szamosfalvi in 2025.
- Who are Packz's investors?
- Packz's investors include Courtside Ventures, Sharp Alpha, Makers Fund, RiverPark Ventures.
- How much funding has Packz raised?
- Packz has disclosed $21.4M raised across 2 rounds.
- Where is Packz headquartered?
- Packz is headquartered in New York, US.