The Coolest Cooler was a multi-function cooler that was initially funded through the crowdfunding website Kickstarter. In the summer of 2014, Ryan Grepper raised over $13 million, making it the most funded Kickstarter campaign of 2014. In December 2019, the company announced that it was closing, with over 20,000 of the 62,642 original backers never receiving a cooler. The project came to be regarded as Kickstarter's largest failure. Grepper was a product developer from Portland, Oregon. He first tried to raise funding for the product in November 2013 but fell short of the $125,000 goal and failed to secure any funding. He launched a second campaign on July 8, 2014, and critics attribute the success of the second Kickstarter campaign to the timing. The Coolest received extensive press coverage when it topped the funding goals of the Pebble watch, and ended the campaign in August with $13,285,226 and 62,642 backers, making it the most-funded Kickstarter campaign of 2014. More information...
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