Brandable, a Los Angeles, CA-based provider of technology-enabled consumer packaged goods platform, closed its Series B funding round.
The amount of the deal was not disclosed.
The round was led by Cota Capital, with participation from previous investors Lightspeed Venture Partners and Advance Venture Partners, along with new investors Pentland Ventures and Fields Texas.
The company intends to use the funds to accelerate its growth plans and continue to launch new brands.
Led by Oliver Bogner, CEO and Founder, Brandable provides a technology enabled, CPG platform for brands to understand and react quickly to customer trends. This allows them to create relevant, purpose-driven offerings across multiple channels of distribution.
All brands are supported with demand generation strategies that ignite and launch its offerings with built-in consumer appreciation for the products. Brandable is known to consumers for its omni-channel brands, including Queen V (founded by Lauren Steinberg in partnership with Brandable), Ready to Thrive!, Craft City, Good Guy, Grow Girl, and newly launched VeggieCraft Farms.
Brandable’s brands are carried in over 20,000 locations across the country, comprised of the world’s leading big box, grocery, drug, specialty, and online retailers.