How Much Did LapGear Raise?
Funding & Key Investors

LapGear, operating under its parent company Creative Manufacturing, LLC, has secured $150K in total capital, with a recent strategic investment of $150K. This significant backing underscores the company's established position in the market and its potential for future expansion. The latest funding round, characterized as a major strategic investment, signals confidence from investors in LapGear's business model and growth trajectory.

What is LapGear?

LapGear
ManufacturingHousehold GoodsFurniture

Located in Arlington, Texas, Creative Manufacturing, LLC is the driving force behind the well-regarded brands LapGear® and Rossie Home®. The company has solidified its reputation as the number one, highly rated supplier of lap desks across the United States. With years of experience, Creative Manufacturing, LLC has cultivated robust partnerships with a diverse array of prominent retailers, including Barnes & Noble, Bed Bath & Beyond, Best Buy, Hobby Lobby, Office Depot, Staples, and Walmart, demonstrating a broad market reach and strong distribution network.

How much funding has LapGear raised?

LapGear has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in LapGear

PPP

Public-Private Partnership

What's next for LapGear?

The substantial capital infusion, particularly the recent strategic investment, positions LapGear for accelerated growth and market penetration. This late-stage funding is likely to be allocated towards enhancing product development, expanding manufacturing capabilities, and strengthening its retail and e-commerce channels. The company's established relationships with major retailers provide a solid foundation for leveraging this new financing to further solidify its leadership in the lap desk market and potentially explore adjacent product categories.

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Frequently Asked Questions Regarding LapGear Financial Insights

What are the most recent funding rounds that LapGear has completed, and what were the funding rounds?
LapGear has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding LapGear has raised to date?
LapGear has raised a total of $150K in funding to date.
How many funding rounds has LapGear completed?
LapGear has completed 1 funding rounds.
How much funding did LapGear raise in its most recent funding round?
LapGear raised $150K in its most recent funding round.
Who are the lead investors in LapGear's latest funding round?
The lead investor in LapGear's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in LapGear's history?
The largest funding round in LapGear's history was $150K.
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