Loftie
Latest round
- Seed
Last raised
- Oct 2024
Total raised
- $4.3M
Investors
- 1
About Loftie
Founded in 2018 and based in New York, US, Loftie, Inc. operates as the manufacturer of smart alarm clocks designed to replace mobile phones for alarm purposes. It is also a wellness brand that provides ideas and attractive, inventive goods to help people rest, relax, and rejuvenate. In October 2024, Loftie, Inc. Loftie primarily offers sleep enhancement products, with its flagship product being the Loftie Clock. This innovative alarm clock is designed to improve users' sleep quality by mimicking the body's natural waking process through a two-phase alarm system. It features an extensive library of over 100 audio tracks, including white noise, nature sounds, meditations, and personalized bedtime stories, addressing common sleep-related issues. The Loftie Clock is marketed toward health-conscious consumers in North America and Europe, particularly in the United States, Canada, the United Kingdom, Germany, and France. Loftie's revenue model is primarily based on direct-to-consumer sales through its e-commerce platform. The Loftie Clock is priced at USD 128, and the company offers bundles, such as the Sweet Dreams Bundle, for enhanced savings. Additionally, Loftie provides a subscription service called Loftie+, granting users access to exclusive audio content, thereby fostering long-term customer relationships. In October 2024, Loftie, Inc. Upcoming initiatives include the launch of new sleep-enhancing products and efforts to penetrate additional markets, particularly in Europe by mid-2025.
Who invested in Loftie
1 investor across 1 round
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Funding rounds
Seed
Oct 18, 2024
Amount
$4.3M
Investors
Questions about Loftie
Who invested in Loftie?
Loftie has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Loftie raised?
Loftie has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Loftie last raise money?
Loftie's most recent round on record is a Seed, in Oct 2024.
What does Loftie do?
Founded in 2018 and based in New York, US, Loftie, Inc.
Where is Loftie headquartered?
Loftie is headquartered in New York, US.
Which VCs invest in companies like Loftie?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back electronics companies at Loftie's stage. Their profiles are linked below.
VCs backing electronics startups at Seed
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