About Lazo
Lazo is a company based in Long Beach (United States) founded in 2021 by Edward Moncada and Per Welinder. It operates as a Direct-to-Consumer (D2C). Lazo has raised $2.93 million across 2 funding rounds. Lazo offers products and services including Divine Healing T-Shirt, Lazo Plaid Bomber Jacket, and Hypernova Sneakers. Lazo operates in a competitive market with competitors including Sprints, Velaasa, MISSION and A7 Canada, among others.
- Headquarter Long Beach, United States
- Founders Edward Moncada, Per Welinder
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Sectors
Retail
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.93 M (USD)
in 2 rounds
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Latest Funding Round
$1.08 M (USD), Seed
Apr 25, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of Lazo
Lazo offers a comprehensive portfolio of products and services, including Divine Healing T-Shirt, Lazo Plaid Bomber Jacket, and Hypernova Sneakers. 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.
A cotton t-shirt is offered for casual wear.
A lightweight jacket is designed for all seasons.
Colorful sneakers are provided for stylish street wear.
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Funding Insights of Lazo
Lazo has successfully raised a total of $2.93M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.08 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $1.1M
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First Round
First Round
(08 Jun 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2023 | Amount | Seed - Lazo | Valuation |
investors |
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| Jun, 2022 | Amount | Seed - Lazo | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Lazo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lazo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lazo Comparisons
Competitors of Lazo
Lazo 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 Sprints, Velaasa, MISSION and A7 Canada, 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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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Lazo
When was Lazo founded?
Lazo was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Lazo located?
Lazo is headquartered in Long Beach, United States. It is registered at Long Beach, California, United States.
Who is the current CEO of Lazo?
Per Welinder is the current CEO of Lazo. They have also founded this company.
Is Lazo a funded company?
Lazo is a funded company, having raised a total of $2.93M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.85M, raised on Jun 08, 2022.
What does Lazo do?
Streetwear and footwear are offered by Lazo through an online platform. The company focuses on casual apparel like t-shirts, jackets, and tank tops, alongside accessories and sneakers. Targeting a youthful, urban demographic, a variety of designs and collaborations are provided. The business operates primarily in the retail sector with an emphasis on direct-to-consumer sales.
What products or services does Lazo offer?
Lazo offers Divine Healing T-Shirt, Lazo Plaid Bomber Jacket, and Hypernova Sneakers.