Lob Raises $50 Million in Series C Funding To Scale Its Direct Mail Platform

Feb 25, 2021•over 4 years ago

Amount Raised

$50 Million

Round Type

series c

San Francisco

Description

Lob, the leading direct mail platform, today announced that it has raised $50 million in Series C funding. Led by long-time investor Y Combinator Continuity, this new financing round brings Lob’s total capital raised to $80 million.

Company Information

Company

Lob

Location

San Francisco, California, United States

About

Lob automates direct mail for modern businesses. More than 8,500 companies use Lob’s cloud software to move faster and create new growth opportunities, including Booking.com, Expedia, Clover Health, Marley Spoon, Root Insurance, SeatGeek, ThredUp and Twitter. Lob’s APIs dramatically reduce mail processing time, reclaiming thousands of hours and improving data quality. One in two households in the U.S. have received mail generated through Lob’s platform. Headquartered in San Francisco, Lob is backed by leading investors including Y Combinator, First Round Capital and Floodgate. For more information, visit https://www.lob.com.

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Lob Raises $50 Million in Series C Funding To Scale Its Direct Mail Platform

Description

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