The Lieu
About this raise
The Lieu, with a valuation cap of $5 million, is raising funds on Republic. The company is creating a better bathroom experience for women at the offices by providing premium hygiene and grooming products. The Lieu delivers a supply of face, hair, and body products in a shareable form to offices. The subscription is curated based on the budgets and needs of the organizations. The Lieu was founded by Rebecca Lima and Domonique Sims in February 2018 and is backed by Metaprop, the world’s leading property technology fund. The current crowdfunding round has a minimum goal of $25,000 and a maximum goal of $1,070,000. The Lieu has a pilot partnership with WeWork and has served more than 8,000 women already. The company has also on-boarded more than 50 brands trusted by the industry, including Living Proof and R&Co.
Investment Overview
Invested $73,109 :
Deal Terms
Company & Team
Company
- Year Founded
- 2018
- Industry
- Fitness & Wellness
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- Low
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Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
04/29/2020 | Republic | $5,000,000 | $73,109 | SAFE | Funded | RegCF |
Founder Profile
Founder Profile: The Lieu
For working women on the go, bringing personal care and grooming products from home to the workplace, to the gym, and back can be exhausting and overwhelming. Rebecca Lima and her team at The Lieu wanted to solve this problem. And the team already has some solid traction. This includes a paid partnership with co-working giant, WeWork. Not to mention, Rebecca and her team have big plans for the future. We got on the phone with Rebecca to learn more about how the Lieu came to be, early reviews of the product, and more-