About Lovd
Lovd is a company based in New York (United States) founded in 2019 by Dick Fickling and Noah Elion.. Lovd has raised $1.13 million across 2 funding rounds from investors including Y Combinator, Ludlow Ventures and Shrug Capital. Lovd operates in a competitive market with competitors including ThredUP, Depop, Treet, Thrilling and BUMP, among others.
- Headquarter New York, United States
- Founders Dick Fickling, Noah Elion
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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
$1.13 M (USD)
in 2 rounds
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Latest Funding Round
$125 K (USD), Seed
Jun 01, 2021
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Investors
Y Combinator
& 5 more
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Employee Count
Employee Count
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Funding Insights of Lovd
Lovd has successfully raised a total of $1.13M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $125 thousand completed in June 2021. 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 — $125,000
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First Round
First Round
(01 Dec 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Seed - Lovd | Valuation |
investors |
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| Dec, 2020 | Amount | Seed - Lovd | Valuation | Ludlow Ventures , Shrug Capital |
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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 |
Investors in Lovd
Lovd has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Y Combinator, Ludlow Ventures and Shrug Capital. 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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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Venture capital is invested in US sectors by Ludlow Ventures.
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Founded Year | Domain | Location | |
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Consumer funds are targeted by this venture capital firm.
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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 Lovd
| 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 - Lovd
| 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 |
Lovd Comparisons
Competitors of Lovd
Lovd 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 ThredUP, Depop, Treet, Thrilling and BUMP, 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 |
Pre-owned clothing and accessories are bought and sold online.
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| domain | founded_year | HQ Location |
Pre-owned fashion products are traded via an app-based marketplace.
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| domain | founded_year | HQ Location |
A peer-to-peer resale marketplace for branded secondhand items is facilitated.
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| domain | founded_year | HQ Location |
Online marketplace of pre-used women's apparel and accessories
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| domain | founded_year | HQ Location |
Pre-owned streetwear is traded through an app-based marketplace.
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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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Frequently Asked Questions about Lovd
When was Lovd founded?
Lovd was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Lovd located?
Lovd is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Lovd?
Noah Elion is the current CEO of Lovd. They have also founded this company.
Is Lovd a funded company?
Lovd is a funded company, having raised a total of $1.13M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1M, raised on Dec 01, 2020.
What does Lovd do?
Lovd was founded in 2019 in New York, United States, as an online marketplace focused on second-hand fashion. Items such as tops, dresses, skirts, shoes, bags, and footwear are listed in the product catalog. Operations are supported by a mobile application available for iOS users. The company is led by co-founders Dick Fickling and Noah Elion, who serves as CEO.
Who are Lovd's investors?
Lovd has 6 investors. Key investors include Y Combinator, Ludlow Ventures, Shrug Capital, Contrary, and Fuel Capital.
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