What is Lora DiCarlo?
Lora DiCarlo, established in 2017, is a company that emerged from a unique intersection of technology, gender equity, and personal empowerment. Its premier device was developed in partnership with Oregon State University's Robotics & Engineering Lab, inspired by the founder and CEO, Lora Haddock DiCarlo. The company gained significant public attention after winning a robotics innovation award from the Consumer Technology Association, which was initially rescinded, sparking a broader conversation about gender equity in tech and the right to pleasure. Lora DiCarlo is dedicated to challenging conventional thinking across industries, categories, and media, driven by a diverse team focused on design, engineering, and inclusivity.
How much funding has Lora DiCarlo raised?
Lora DiCarlo has raised a total of $3M across 1 funding round:
Unspecified
$3M
Unspecified (2021): $3M with participation from Romulus Capital, River Bend Capital, Gaingels companies, Republic Labs, Cara Delevingne, and VU Fund
Key Investors in Lora DiCarlo
Romulus Capital
Romulus Capital is an early-stage venture capital firm that focuses on Seed and Series A rounds for B2B and deep technology companies. They are known for their hands-on approach and aim to build great companies through strategic funding and support.
River Bend Capital
Undisclosed investor participating in the funding round.
Gaingels companies
Gaingels is an investment group focused on supporting companies with diverse leadership and inclusive practices. They participate in funding rounds to back innovative businesses.
What's next for Lora DiCarlo?
With the recent influx of major strategic investment, Lora DiCarlo is poised for accelerated growth and market penetration. The company's focus on innovation, coupled with its mission to drive conversations around inclusivity and pleasure, positions it for continued disruption. Future developments are likely to involve expanding its product line, enhancing its technological capabilities, and further solidifying its brand as a leader in its category. The strategic backing suggests a confidence in the company's business model and its potential to scale effectively.
See full Lora DiCarlo company page