Lob Raises $50M in Series C Funding


Lob, a San Francisco, CA-based direct mail platform, raised $50m in Series C funding.

The round, which brought total capital raised to $80m, was led by Y Combinator Continuity.

The company intends to use the funds to expand operations and its business reach.

Led by Leore Avidar, CEO and co-founder, Lob automates direct mail for modern businesses. More than 8,500 companies use its cloud software to create new growth opportunities, including Booking.com, Expedia, Clover Health, Marley Spoon, Root Insurance, SeatGeek, ThredUp and Twitter.