Coolibar Funding: How Much Did They Raise & Key Investors

How Much Did Coolibar Raise?
Funding & Key Investors

Coolibar, a company specializing in sun-protective apparel and accessories, has secured $1M in total funding, with its most recent capital infusion of $1M representing a major strategic investment. This significant backing underscores the company's established position in the market and its ongoing growth trajectory.

What is Coolibar?

Coolibar

Manufacturing

Textiles & Apparel

Apparel & Accessories Retail

Founded in 2001 and headquartered in Minneapolis, Minnesota, Coolibar designs, manufactures, and markets a comprehensive range of sun-protective clothing and accessories. Their product lines cater to fitness, leisure, and swimwear, all engineered to provide UPF 50+ protection against harmful ultraviolet rays. The company's commitment to health and safety through its innovative apparel positions it as a key player in the protective wear industry.

How much funding has Coolibar raised?

Coolibar has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Coolibar

PPP

Public-Private Partnership

What's next for Coolibar?

The recent major strategic investment signals a pivotal phase for Coolibar, likely aimed at expanding its market reach, enhancing product development, and potentially exploring new distribution channels. This capital infusion is expected to fuel further innovation in sun-protective technology and broaden the availability of their specialized apparel, reinforcing their leadership in a growing health-conscious market.

See full Coolibar company page

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