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Lone Palm Labs raises over $21M in Series A funding to expand its product engineering and design team, led by Thrive Capital and other investors.

PRIVATEAug 31, 2026•5 days ago

Amount Raised

$21 Million

Round Type

Series A

San FranciscoSocial MediaPhotographyPhoto Sharing

Investors

Dylan FieldUncommon ProjectsPositive SumCopperConvictionCoalitionImaginary VenturesBox GroupScribble VenturesThrive Capital

Description

Lone Palm Labs, a San Francisco-based provider of Retro, raised over $21M in Series A funding. The funds will be utilized to expand its product engineering and design team, scale cross-border infrastructure, and accelerate feature development. The round was backed by multiple investors including Thrive Capital and Scribble Ventures. Founded in 2022, Retro is a photo-sharing platform with over 7 million downloads.

Company Information

Company

Lone Palm Labs

Location

San Francisco, California, United States

About

Lone Palm Labs is a San Francisco-based provider of Retro, a private photo-sharing and consumer social platform. Founded in 2022, the company develops a premium, ad-free private photo journal and sharing application designed for close personal networks. The platform enables curated weekly photo recaps, collaborative albums, and physical postcard deliveries, along with an AI-driven application called Splat that creates printable coloring pages from digital images.

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Funding Insights

Based on industry data
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months
Monthly burn rate benchmark
47% of Series A startups spend $400k or more per month on operations
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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

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