Lalo Secures $10.1 Million in Series A Funding to Revolutionize the Baby and Toddler Retail Industry
June 15, 2023
Brooklyn, NY - Lalo, a leading provider of baby and toddler products that parents can truly be proud of, announced today the successful completion of its Series A funding round, raising an impressive $10,100,000. The funding round was led by renowned investors including Babylist, 35V, and Spin Master, further solidifying Lalo's position as a key player in the retail industry.
Lalo, founded by Gregory Davidson, is a United States-based company headquartered in the vibrant city of Brooklyn, NY. With a firm commitment to quality, safety, and sustainability, Lalo aims to create baby and toddler essentials that cater to the needs of both children and adults. Their product range is designed to be aesthetically pleasing, durable, and environmentally friendly, ensuring a healthier planet for future generations.
"We are thrilled to have secured $10.1 million in funding through our Series A round," said Gregory Davidson, the founder of Lalo. "This investment not only validates the hard work and dedication of our team but also allows us to continue our mission of revolutionizing the baby and toddler retail industry. With the support of our esteemed investors, Babylist, 35V, and Spin Master, we are confident in our ability to bring innovative, safe, and sustainable products to parents worldwide."