Lifefactory, Inc., a Sausalito, CA-based housewares company, closed a $5m Series C growth equity financing.
The round was led by Silas Capital, with a $4m investment, with participation from major shareholders Greenhouse Capital Partners, dCapital, FOFM and Big Sky Partners. Along with this financing, Carter Weiss, a Managing Partner of Silas Capital, will join Lifefactory’s Board of Directors.
The capital will be used to expand the team, accelerate product development and build the brand.
Led by Roy Mabrey, CEO, Lifefactory is a maker of reusable glass water bottles, baby bottles, and food storage solutions. Its products are made in the U.S. and E.U., and are available in over 3,000 premium retail locations and in over 20 countries.
Retail partners include Amazon.com, Bed Bath & Beyond and Whole Foods Market.
FinSMEs
26/08/2015