About LUS Brands
LUS Brands is a company based in Toronto (Canada) founded in 2016 by Sahar Saidi.. LUS Brands has raised $120 thousand across 1 funding round from investors including Y Combinator. LUS Brands operates in a competitive market with competitors including Surface Hair Health Art, The High-End Hippie, Niucoco, BluMaan and AG Care, among others.
- Headquarter Toronto, Canada
- Founders Sahar Saidi
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Sectors
ConsumerHealthcare
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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 Lus Brands 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
$120 K (USD)
in 1 rounds
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Latest Funding Round
$120 K (USD), Seed
Mar 14, 2018
- Investors
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Employee Count
Employee Count
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Funding Insights of LUS Brands
LUS Brands has successfully raised a total of $120K through 1 strategic funding round. The most recent funding activity was a Seed round of $120 thousand completed in March 2018. 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 Seed — $120,000
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First Round
First Round
(14 Mar 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Seed - LUS Brands | 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 LUS Brands
LUS Brands has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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 |
| 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 LUS Brands
| 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 - LUS Brands
| 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 |
Lus Brands Comparisons
Competitors of LUS Brands
LUS Brands 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 Surface Hair Health Art, The High-End Hippie, Niucoco, BluMaan and AG Care, 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 |
Internet-first brand offering hair care products
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| domain | founded_year | HQ Location |
Hair care products are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Offers natural hair care products using coconut oil for hydration and nourishment.
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| domain | founded_year | HQ Location |
Hair styling products for men are manufactured and sold online.
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| domain | founded_year | HQ Location |
Offers vegan and cruelty-free hair care products, shampoos, conditioners, and styling aids online.
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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 Lus Brands
Frequently Asked Questions about LUS Brands
When was LUS Brands founded?
LUS Brands was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is LUS Brands located?
LUS Brands is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is LUS Brands a funded company?
LUS Brands is a funded company, having raised a total of $120K across 1 funding round to date. The company's 1st funding round was a Seed of $120K, raised on Mar 14, 2018.
What does LUS Brands do?
LUS Brands was founded in 2016 in Toronto, Canada, as an internet-first operation in the hair care sector. A range of products is offered, including wash and style items, treatment and repair solutions, dryers and diffusers, minis, hair perfumes, and spray bottles. Emphasis is placed on solutions for curly hair, targeting women with various hair needs.
Who are the top competitors of LUS Brands?
LUS Brands's top competitors include Surface Hair Health Art, BluMaan and The High-End Hippie.
Who are LUS Brands's investors?
LUS Brands has 1 investor. Key investors include Y Combinator.