Lalo – a leading baby and toddler essentials company – announced that it had raised a new round of funding with Forecast Labs (a consumer venture group division of Comcast).
Launched in 2019, Lalo has expanded beyond its best-selling high chair to offer a wide assortment of home designs and products for kids.
More recently, the company launched a sustainability focused line of developmental toy boxes that can be purchased via subscription or individually. Over 1.5 million Lalo products were added to parents’ baby registries last year.
Lalo’s is committed to fostering community through free family events nationwide, like the Lalo-Palooza concert series. The company sources the most sustainable and ethical materials. Plus, its Re-Play program keeps toys out of landfills and into the hands of families in need.
KEY QUOTES:
“We started Lalo because we believed parents deserved a brand that truly cared about the needs of them and their baby. Our decision-making is driven by customer feedback, and we’ve built a team of parents who really understand what our customer wants out of a brand like ours.”
- Lalo CEO and co-founder Gregory Davidson
“Lalo’s unmatched commitment to sustainability and families is part of what led us to work with them at this time. Their products are thoughtfully created and tested, leaning on modular design, to produce less clutter for busy families and to offer multiple uses. Via our first-of-its-kind TV advertising program, we know we can help grow Lalo by putting them in front of many new consumers. The Lalo mission and message resonates with modern parents and grandparents.”
- Kyle Peters, Investor at Forecast Labs
