About Lovevery
Lovevery is a company based in Boise (United States) founded in 2015 by Roderick Morris and Jessica Rolph.. Lovevery has raised $128.56 million across 3 funding rounds from investors including The Chan Zuckerberg Initiative, TCG Ventures and Google Ventures. Lovevery offers products and services including Play Kits, Reading Skill Set, Course Packs, and Play Gym. Lovevery operates in a competitive market with competitors including Skillmatics, KiwiCo, Seedling, Bitsbox and Pai Technology, among others.
- Headquarter Boise, United States
- Founders Roderick Morris, Jessica Rolph
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Sectors
Consumer
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Email
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Phone
*********
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Website
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Social
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- Legal Name Lovevery, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$128.56 M (USD)
in 3 rounds
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Latest Funding Round
$100 M (USD), Series C
Jun 01, 2021
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Investors
The Chan Zuckerberg Initiative
& 6 more
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Employee Count
Employee Count
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Products & Services of Lovevery
Lovevery offers a comprehensive portfolio of products and services, including Play Kits, Reading Skill Set, Course Packs, and Play Gym. 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.
Developmental toys and books delivered periodically for child learning.
Books and activities to enhance reading and cognitive skills.
Structured activities for child brain growth and motor skills.
Gym equipment for infant motor development and play.
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Software Development Team
33 people
Product Management Team
12 people
Creative and Marketing Team
12 people
Leadership Team
11 people
Sales and Marketing
9 people
Senior Team
5 people
Operations Team
5 people
Social Team
3 people
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Funding Insights of Lovevery
Lovevery has successfully raised a total of $128.56M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $100 million 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 3
- Last Round Series C — $100.0M
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First Round
First Round
(25 May 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2021 | Amount | Series C - Lovevery | Valuation | TCG Ventures | |
| Aug, 2019 | Amount | Series B - Lovevery | Valuation | Maveron | |
| May, 2018 | Amount | Series A - Lovevery | 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 |
Investors in Lovevery
Lovevery has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include The Chan Zuckerberg Initiative, TCG Ventures and Google Ventures. 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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Corporate backed venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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US focused early stage venture capital firm
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Founded Year | Domain | Location | |
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SoGal Ventures is recognized as a women-led 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 Lovevery
| 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 - Lovevery
| 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 |
Lovevery Comparisons
Competitors of Lovevery
Lovevery 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 Skillmatics, KiwiCo, Seedling, Bitsbox and Pai Technology, 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 |
Learning resources and creative play products for children are retailed.
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| domain | founded_year | HQ Location |
STEAM activity kits for children are delivered via monthly subscriptions.
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| domain | founded_year | HQ Location |
Seedling is focused on creating innovative children's play products.
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| domain | founded_year | HQ Location |
Kids' coding activity boxes are offered through subscriptions.
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| domain | founded_year | HQ Location |
Educational toys for children are offered via an internet-first platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Lovevery
Frequently Asked Questions about Lovevery
When was Lovevery founded?
Lovevery was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is Lovevery located?
Lovevery is headquartered in Boise, United States. It is registered at Boise, Idaho, United States.
Who is the current CEO of Lovevery?
Jessica Rolph is the current CEO of Lovevery. They have also founded this company.
Is Lovevery a funded company?
Lovevery is a funded company, having raised a total of $128.56M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.97M, raised on May 25, 2018.
What does Lovevery do?
Online subscription platform for educational toys for children. The product catalog includes strollers, playing tunnels, art cards rolling toys. The products are provided in playing gyms and kits. It claims that the products aid in the brain motor skill development of babies. It sells the products in periodic subscription plans and provides different stages of the kits according to the age of the baby.
Who are the top competitors of Lovevery?
Lovevery's top competitors include Skillmatics, KiwiCo and Seedling.
What products or services does Lovevery offer?
Lovevery offers Play Kits, Reading Skill Set, Course Packs, and Play Gym.
Who are Lovevery's investors?
Lovevery has 7 investors. Key investors include The Chan Zuckerberg Initiative, TCG Ventures, Google Ventures, Reach Capital, and SoGal Ventures.