Cubcoats, a Los Angeles, CA-based startup creating one-of-a-kind, 2-in-1 products for kids, raised $4.85m in seed funding.
– Jen Rubio (Co-Founder, Away),
– Daniel & Michael Broukhim (FabFitFun, Co-Founders),
– Hilary Duff,
– Patrick Schwarzenegger,
– Dreamers Fund founded by Will Smith & Japanese Soccer Star Keisuke Honda and The Harmon Brothers (the agency behind the famous Purple Mattress, Chatbooks, Squatty Potty, and Poo-Pourri videos).
The company intends to use the funds to expand its business reach.
Co-founded by Zac Park and Spencer Markel, Cubcoats offers a patented 2-in-1 stuffed animal that converts into a hoodie. The company’s products are crafted from ethically sourced, premium machine washable materials, and available in sizes for children 2-8 years old.