Fundz

Lalo Raises $10.1 Million In Series A Funding To Transform The Baby And Toddler Industry

PRIVATEJun 13, 2023

Amount Raised

$10.1 Million

Round Type

Series A

BrooklynE CommerceFashionRetailLifestyle

Investors

ILIA Beauty Founder Sasha Plavsic's Untold HoldingsRich Kleiman's 35 VKevin DurantBabylistSpin Master Ventures

Description

Lalo, one of the fastest-growing baby and toddler brands on the market, announces the successful completion of a $10.1 million Series A fundraising round, led by Spin Master Ventures, with additional participation from Babylist, Kevin Durant and Rich Kleiman's 35V and ILIA Beauty Founder Sasha Plavsic's Untold Holdings.

Quick answer

Lalo raised $10.1 Million in a Series A round, dated June 13, 2023. Investors: ILIA Beauty Founder Sasha Plavsic's Untold Holdings, Rich Kleiman's 35 V, Kevin Durant, Babylist and Spin Master Ventures. Lalo is based in Brooklyn, New York, United States.

How much did Lalo raise?
Lalo raised $10.1 Million in a Series A round on June 13, 2023.
Who invested in Lalo?
ILIA Beauty Founder Sasha Plavsic's Untold Holdings, Rich Kleiman's 35 V, Kevin Durant, Babylist and Spin Master Ventures are named as investors in this round.
What does Lalo do?
Lalo is a leading innovator in the baby and toddler industry, committed to designing smart, functional, and stylish products for modern families.
Where is Lalo based and how big is it?
Lalo is based in Brooklyn, New York, United States.
Who are the decision-makers at Lalo?
Fundz holds 1 contact at Lalo. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in E Commerce and Fashion around the same time

Companies in the same sectors as Lalo that raised within 45 days of this round, from Fundz verified event records.

  • SKIMS raised $271M on July 7, 2023.
  • Freakins raised $4M (Seed) on July 5, 2023.
  • Ponto raised $2.6M (Seed) on June 30, 2023.
  • Jaya Apparel Group raised an undisclosed amount (Private Equity) on June 21, 2023.
  • Perfect Moment Ltd. raised $400K (Seed) on May 26, 2023.
  • Mainstreet Marketplace raised $2M (Seed) on June 26, 2023.

Who to call at Lalo, and when

A new round usually means Lalo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Lalo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Lalo, from your own LinkedIn network

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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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Fundz sees it the moment Lalo raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Lalo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.