What is LOLA?
Founded in 2014 by Jordana Kier and Alex Friedman, LOLA operates within the feminine hygiene sector, offering a direct-to-consumer model for essential personal care products. The company's core offering of 100% cotton tampons, available through a convenient subscription service, addresses a growing consumer demand for transparency and accessibility in health and wellness products. Headquartered in New York, LOLA has positioned itself as a modern alternative to traditional feminine care brands, emphasizing product quality and customer convenience.
How much funding has LOLA raised?
LOLA has raised a total of $35.5M across 5 funding rounds:
Other Financing Round
$1.2M
Angel/Seed
$3M
Series A
$7M
Series B
$24M
Debt
$350K
Other Financing Round (2015): $1.2M with participation from RSE Ventures and BoxGroup
Angel/Seed (2016): $3M led by 14W, Nathaniel Ru, Jonathan Neman, BoxGroup, David Gilboa, Neil Blumenthal, BBG Ventures, Jeffrey Raider, Lerer Hippeau Ventures, Expansion Venture Capital, and Brand Foundry Ventures
Series A (2016): $7M supported by Spark Capital
Series B (2018): $24M, investors not publicly disclosed
Debt (2020): $350K backed by PPP
Key Investors in LOLA
RSE Ventures
RSE Ventures is a private investment firm with a broad focus on sports, entertainment, media, marketing, food, lifestyle, and technology, aiming to build and incubate innovative companies.
BoxGroup
BoxGroup is an early-stage investment firm that supports entrepreneurs across various sectors, known for its involvement in consumer and technology startups.
Spark Capital
Spark Capital, founded in 2001, is an investment banking company based in Chennai, India, providing a full range of financial services.
What's next for LOLA?
The recent major strategic investment signals a new phase of expansion and development for LOLA. This capital is likely to fuel initiatives aimed at broadening product lines, enhancing the subscription platform, and increasing market penetration. Given the enterprise-level context of its total funding, LOLA is poised to further solidify its market position and potentially explore new verticals within the consumer health and wellness space, leveraging its established brand loyalty and direct-to-consumer infrastructure.
See full LOLA company page
