LazeTowel

Bridgewater, United States Founded: 2012 • Age: 14 yrs
Sells oversized, customizable beach towels and accessories online to consumers.
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About LazeTowel

LazeTowel is a company based in Bridgewater (United States) founded in 2012 by Greg Chiang and Matthew Scudder. It operates as a B2C, and D2C. LazeTowel offers products and services including LazeTowel Ultimate Beach Towel, Drawstring Backpack, and Monogramming Service. LazeTowel operates in a competitive market with competitors including Kore Essentials, Crooked Branch Studio, Million Dollar Collar, weaveRIGHT and NeckBlock, among others.

  • Headquarter Bridgewater, United States
  • Founders Greg Chiang, Matthew Scudder
  • Sectors
    Consumer
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Laze Inc.
Operational Areas
Consumer → Sports, Leisure & Outdoor
Consumer → Apparel, Fashion & Lifestyle
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of LazeTowel

LazeTowel offers a comprehensive portfolio of products and services, including LazeTowel Ultimate Beach Towel, Drawstring Backpack, and Monogramming Service. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Oversized towel with headrest for comfortable beach relaxation

Bag for carrying towels and essentials

Personalize towels with designs or names

Funding Insights of LazeTowel

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by LazeTowel

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - LazeTowel

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Lazetowel Comparisons

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Competitors of LazeTowel

LazeTowel operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kore Essentials, Crooked Branch Studio, Million Dollar Collar, weaveRIGHT and NeckBlock, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Latest news on Lazetowel

Frequently Asked Questions about LazeTowel

When was LazeTowel founded?

LazeTowel was founded in 2012.

Where is LazeTowel located?

LazeTowel is headquartered in Bridgewater, United States. It is registered at Bridgewater, New Jersey, United States.

Who is the current CEO of LazeTowel?

Greg Chiang is the current CEO of LazeTowel. They have also founded this company.

What does LazeTowel do?

LazeTowel, operated by Laze Inc., produces and sells high-quality beach towels from 100 Turkish cotton. These oversized towels, measuring up to 90 inches long, include features like a sewn-in headrest and come with accessories such as drawstring backpacks. The company provides customization options like monogramming and various designs, targeting individual buyers through an online catalog. Based in Bridgewater, New Jersey, they focus on comfort for beach and pool activities, serving everyday consumers.

Who are the top competitors of LazeTowel?

LazeTowel's top competitors include Crooked Branch Studio, Kore Essentials and Million Dollar Collar.

What products or services does LazeTowel offer?

LazeTowel offers LazeTowel Ultimate Beach Towel, Drawstring Backpack, and Monogramming Service.

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