About Lole
Lole is a company based in Montreal (Canada) founded in 2002.. Lole has raised $21 million across 1 funding round from investors including Lune Rouge. Lole has completed 3 acquisitions, including Epoque Evolution, Louis Garneau Sports and Sanuk. Lole operates in a competitive market with competitors including Inditex, American Eagle Outfitters, Levi Strauss, Tommy Bahama and Abercrombie and Fitch, among others.
- Headquarter Montreal, Canada
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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
$21 M (USD)
in 1 rounds
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Latest Funding Round
$21 M (USD), Series B
Jun 21, 2016
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Epoque Evolution
& 2 more
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Funding Insights of Lole
Lole has successfully raised a total of $21M through 1 strategic funding round. The most recent funding activity was a Series B round of $21 million completed in June 2016. 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 1
- Last Round Series B — $21.0M
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First Round
First Round
(21 Jun 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2016 | Amount | Series B - Lole | Valuation |
investors |
| 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 |
Investors in Lole
Lole has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Lune Rouge. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lole
Lole has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Epoque Evolution, Louis Garneau Sports and Sanuk. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Eco-friendly casual wear for women is offered online.
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2016 | ||||
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Casual footwear including sandals and shoes is designed and retailed.
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1997 | ||||
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Provider of cycling equipment, bikes, and clothing for men, specializing in cycling, triathlon, and winter sports
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1983 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
|
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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lole
| 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 |
Lole Comparisons
Competitors of Lole
Lole 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 Inditex, American Eagle Outfitters, Levi Strauss, Tommy Bahama and Abercrombie and Fitch, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Retailer of fashion products
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| domain | founded_year | HQ Location |
Multi-category fashion products for men and women are offered.
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| domain | founded_year | HQ Location |
Brand of fashion apparel for men and women
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| domain | founded_year | HQ Location |
Men's and women's apparel, beachwear, and home goods are retailed.
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| domain | founded_year | HQ Location |
Internet first brand of fashion apparel wear for men and women
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| domain | founded_year | HQ Location |
Provides online sales of eco-friendly apparel, accessories, and clothing items.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
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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Latest news on Lole
Frequently Asked Questions about Lole
When was Lole founded?
Lole was founded in 2002 and raised its 1st funding round 14 years after it was founded.
Where is Lole located?
Lole is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Who is the current CEO of Lole?
Bernard Mariette is the current CEO of Lole.
Is Lole a funded company?
Lole is a funded company, having raised a total of $21M across 1 funding round to date. The company's 1st funding round was a Series B of $21M, raised on Jun 21, 2016.
What does Lole do?
The company was founded in 2002 in Montreal, Canada, and operates as an internet-based brand in the apparel sector. A range of casual clothing items, including bikini tops and bottoms, dresses, hoodies, jumpsuits, jackets, bottoms, and swimwear, is offered through its online catalog. Leadership is provided by CEO Bernard Mariette, with focus on mens and womens products.
Who are the top competitors of Lole?
Lole's top competitors include Inditex, American Eagle Outfitters and Salvatore Ferragamo.
How many acquisitions has Lole made?
Lole has made 3 acquisitions, including Epoque Evolution, Louis Garneau Sports, and Sanuk.
Who are Lole's investors?
Lole has 1 investor. Key investors include Lune Rouge.