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Lalo closed an earned equity investment round with Forecast Labs, a consumer venture group that’s a division of Comcast.

Mar 22, 2024over 1 year ago
BrooklynRetailLifestyleFashionE Commerce

Investors

Forecast Labs

Description

Lalo, a NYC-based baby product brand, closed a new equity round with Forecast Labs, a consumer venture group that’s a division of Comcast. The company intends to use the funds to expand operations and its business reach.

Company Information

Company

Lalo

Location

Brooklyn, New York, United States

About

Lalo is a leading innovator in the baby and toddler industry, committed to designing smart, functional, and stylish products for modern families. By focusing on quality, adaptability, and aesthetic appeal, Lalo provides a fresh and sophisticated approach to the everyday parenting journey.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers