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

26 Feb, 2021

Lob Raises $50 Million in Series C Funding To Scale Its Direct Mail Platform
Photo by Asaf Gazit on Unsplash

– Lob, the leading direct mail platform, announced that it has raised $50m in Series C funding.
– Led by long-time investor Y Combinator Continuity, this new financing round brings Lob’s total capital raised to $80m.
– Over 8,500 customers, including Twitter, Expedia, Booking.com, Betterment, Clover Health, Root Insurance and ThredUp, are using Lob’s platform to automate direct mail workflows.
– One in two U.S. households have now received mail generated from Lob’s platform, and the company is on pace to triple the amount of mail it will send in a single year.
– To continue scaling its operations, Lob is expanding its print delivery network—already the largest in America.

Developer APIs Developer Tools Internet Marketing North America Printing Real Time SaaS Shipping Software Web Development
Crunchbase icon

Content report

The following text will be sent to our editors: