Bobbie, a San Francisco, CA-based organic infant formula startup, raised $15m in funding.
The round, which brought total funding raised to date to $22m, was led by VMG.
The company intends to use the funds to continue to expand branding and development efforts and grow operations. and its business reach.
Led by CEO Laura Modi and COO Sarah Hardy, Bobbie is a baby formula delivery startup that sells direct-to-consumer and offers a subscription service to parents across the US. The first product, an organic infant formula milk based powder with iron, which is on the market since January 2021, enabled the company to make more than $1 million sales.
FinSMEs
07/06/2021