Lila Labs
About this raise: Lila Labs, your ultimate relationship app, is raising funds on Republic. The app helps people navigate the three dimensions of relationships, including self-discovery, social discovery, and relationship building. It also translates astrological symbolism into useful information. Ricky Williams, Linnea Miron, and Steven Forrest founded Lila Labs in March 2019 and raised over $155,000 since the inception. The current crowdfunding round has a minimum raise of $25,000 and a maximum raise of $1,070,000, and the funds will be used for growth and expansion. Lila Labs has a strategic partnership with AstroTwins and is catering to a total addressable market of over $9.2 billion.
Investment Overview
Invested : $69,270
Deal Terms
Total Commitments ($USD)
- Platform
- Republic
- Start Date
- 04/01/2021
- Close Date
- 07/30/2021
$25,000
$1,070,000
$100
SAFE
Pre-Seed
RegCF
$6,500,000
20%
Company & Team
Company
- Year Founded
- 2019
- Industry
- Media, Entertainment & Publishing
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/30/2021 | Republic | $6,500,000 | $69,270 | SAFE | Funded | RegCF |
Founder Profile
LILA Labs Co-founder Ricky Williams Discusses Astrology
People have been drawn to the stars for millennia, using them for everything from navigation to storytelling. Although light pollution can make them hard to see these days, many people still feel an intrinsic connection to planets and constellations. Astrology may be old, but it is far from outdated.LILA is a mobile app that allows users to build relationships through astrology. It currently includes three levels of relationships: self-discovery, relationship building, and social discovery (or dating). We reached out to CEO and co-founder Ricky Wiliams to learn the origins of the company and how his team came together.
Note: This interview was conducted over phone and email. It has been lightly edited for clarity and length.