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Venture Capital News: Bulu Box Closes $500K Series A

2012-09-06
LINCOLN, NE, Supplement startup that brings subscribers the best in vitamins and supplement samples for $10 a month, announced the close of a $500K Series A round of funding, led by Dundee Venture Capital.
Bulu Box, www.BuluBox.com, the innovative supplement startup that brings subscribers the best in vitamins and supplement samples for $10 a month, announced the close of a $500k Series A round of funding, led by Dundee Venture Capital. The financing will be used to help continued growth and execute long-term strategies. Investors from the company's seed financing also invested in this round, including members from the Nebraska Angels; Karen Linder, Dr. Jim Linder, and Monte Froehlich.

"Bulu Box is connecting new customers to companies in the vitamin and supplement industry" Each month, Bulu Box members sample four to five premium nutritional, vitamin and supplement samples. Additionally, members are encouraged to "share the health" by joining the Bulu Box social community and sharing their insights, experiences and tips about the products they have sampled.

Bulu Box, co-founded by married couple Paul Jarrett and Stephanie Jarrett, helps brands improve the effectiveness of their sampling programs by putting their product into the hands of qualified consumers. The company helps develop deep relationships between brands and customers through social media and one-to-one customer service. In the coming months the company will be launching a rewards program to continue to enhance customer engagement.

"This funding opens up opportunities for us as we continue to grow and expand our brand," said Paul Jarrett, Co-Founder, Bulu Box. "We selected Dundee Venture Capital and some past investors because they offer more than just funding, they're partners and mentors. They understand our space and continue to be valuable to us on a day-to-day basis," said Stephanie Jarrett, Co-Founder, Bulu Box.

Still in beta and launched in June 2012, Bulu Box has experienced rapid subscriber growth in all 50 states. The company has partnered with over 20 of the top nutritional supplement brands, including ANS Performance, Swanson Health Products, Detour Bars, and Click Espresso Protein Drink.

About Bulu Box Bulu Box offers a unique way for consumers to sample, discover and learn about nutritional products before they buy. For a $10 monthly subscription, members receive a box containing premium samples from top brands. Brand partners such as Cellucor, FSI Nutrition, Nightfood and Pure Matters have partnered with Bulu Box to connect to customers and get the most attention for their products. To watch how it works visit http://www.bulubox.com/pages/how-it-works. Follow Bulu Box on Facebook, Twitter, YouTube, and Pinterest.

Contact: Paul Jarrett Company: Bulu Box Phone: 646-417-2838 Email: paul@bulubox.com Website: www.BuluBox.com
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