Lighter, Inc.

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Lighter, Inc. - overview

Established

2013

Location

Cambridge, MA, US

Primary Industry

Internet

About

Lighter, Inc. is a health and wellness company focused on delivering innovative solutions designed to enhance physical performance and overall well-being for various consumer segments, including athletes and health enthusiasts. Founded in 2013 in Cambridge, US, Lighter, Inc. specializes in health and wellness solutions.


The company has completed a total of 3 deals, with the latest funding round occurring on July 19, 2018, during which it raised USD 4. 18 million. The firm is led by CEO Alexis Fox, one of its co-founders, who has experience in the health sector prior to establishing Lighter. Lighter specializes in providing a range of health and wellness solutions targeted at various consumer segments, including athletes, parents, and health enthusiasts.


The company's core offerings focus on innovative products designed to enhance physical performance, improve nutritional outcomes, and promote overall well-being. These products include performance supplements, nutritional food items, and wellness programs catering to both individual consumers and fitness professionals. Lighter's client base comprises fitness enthusiasts, professional athletes, and health-conscious consumers, with a strong emphasis on serving markets in North America, Europe, and parts of Asia. Lighter generates revenue through a combination of direct-to-consumer sales and partnerships with health and fitness retailers.


The company operates a subscription model for its flagship wellness programs, allowing clients to access a curated selection of products and services tailored to their health objectives. In addition to subscriptions, Lighter collaborates with retailers to offer its products through various distribution channels, with items priced competitively to appeal to a broad audience. Through these structured transactions, Lighter effectively engages its customer base within the health and wellness industry. Lighter, Inc.


plans to leverage the USD 4. 18 million raised in July 2018 to support the development and launch of new health and wellness products aimed at various consumer demographics. Additionally, the company is targeting expansion into European and Asian markets by the end of 2023 to increase its customer base and reach. The funding will facilitate the refinement of product offerings and enhance marketing efforts to support these initiatives.


Current Investors

Unovis Asset Management, 3Rodeo

Primary Industry

Internet

Sub Industries

Social Networking & Communication Platform

Website

www.lighter.world

Company Stage

Early Stage

Total Amount Raised

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