News Summary

The founders of the Canadian startup Collectr, who previously launched the proptech firm Doorr, have turned a personal passion for trading cards into a successful business. Initially started as a way to track the value of their own card collections, Collectr quickly grew to a platform with over 4 million users and eight figures in annual recurring revenue (ARR). The app, which tracks trading cards and other collectibles, offers features such as inventory management, valuation tracking, and a social sharing platform. Collectr’s growth has been notable, achieving significant revenue without external capital, and attracting interest from major venture capital firms. The team has also engaged DJ Steve Aoki as an advisor, leveraging his expertise and network in the trading card community. Despite pressure to integrate artificial intelligence and other technologies, Collectr focuses on maintaining a lean operation, succeeding in the competitive market with a small team.