202125 Feb

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

Summary

SAN FRANCISCO--(BUSINESS WIRE)--Lob, the leading direct mail platform, today announced that it has raised $50 million in Series C funding. 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. “Lobs platform delivers exceptional value to some of the worlds largest senders of direct mail by lowering cost and improving deliverability, tracking, reporting, and ROI. “Lob makes it possible for us to easily automate and optimize personalized offline messages while keeping our channel orchestration in our existing CRM system,” said Jeanette Worms, Head of Retention Operations of meal kit company Marley Spoon. 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.

Source: Businesswire

Funding

$50M
Amount
Feb 25 2021
Date
-
Investor
Lob
Company

Classifications

Companies