Lola&Lykke aims to help every mother enjoy a happy and healthy motherhood by creating innovative, technology driven products that are scientifically proven to improve the health and wellness of pregnant and postpartum women.
The company's holistic digital model is built on solid existing product business, which allows for exponential growth, high customer reach, improvement in gross margin, opportunities for cross-sell / up-sell and other revenue streams.
• With a portfolio of award-winning products including breast pumps and support bands Lola&Lykke have already reached tens of thousands of clients all over the world.
• The company has been highlighted as “One of Europe’s top Femtech startups 2022” by the media-site Sifted.
• Currently in store at 100 retailers and distributors across 20 countries.
• Lola&Lykke aims with this round to further release more innovative products that will continue to drive revenue growth as well as harnessing the customer loyalty through a mobile application for new and future mums.
• The mobile application and its services will initially increase customer engagement and profit margins but ultimately provide another fast growing revenue stream for the company.