Bulu Box, a Lincoln, Nebraska-based vitamin and supplement discovery ecommerce company, secured more than $2m in the close of a Series A-1 Prime funding round.
The round was led by Dundee Venture Capital, with participation from Midwest Venture Alliance, Mid-American Angels Investments and Two Bridges Capital.
The company intends to use the funds to enable key hires, enhance customer acquisition channels and for product development.
Launched in June 2012 by CEO Paul Jarrett, Bulu Box provides customers in all 50 United States with monthly subscription boxes of premium supplements, weight loss and nutrition product samples.
In the last year, the company has increased monthly revenue 750%, implemented a rewards points program, and introduced ROI sampling technology.
It has partnered with top nutritional supplement brands, including Shapeology Nutrition, Naturade, NeoCell and PowerBar.
FinSMEs
07/05/2014