Lovevery, a Boise, Idaho-based early learning company, closed a $20M Series B funding round.
The round was led by Maveron, with participation from GV, Reach Capital, the Chan Zuckerberg Initiative, and Collaborative Fund. In conjunction with the funding, Jason Stoffer and Cat Lee of Maveron joined Lovevery’s board in director and observer roles, respectively. Laura Melahn of GV also joins as board observer.
The company intends to use capital to fund both continued expansion of its product line and the development of new digital capabilities to support parents.
Led by cofounder and CEO Jessica Rolph cofounder and President Roderick Morris, Lovevery provides an early learning platform for stage-based play. Building on parent and educator accolades for Lovevery’s staged-based playtime products, The Play Gym and The Play Kits, the company launched The Block Set today via lovevery.com and selected retail channels at a price of $90.
FinSMEs
17/10/2019