Lemonada Media’s $1.5 Million Seed Funding

Loeb & Loeb LLP represented podcasting network Lemonada Media.

Lemonada Media, the podcast network creating original content that gets you out of bed every morning, announced $1.5 million raised in a seed funding round led by Blue Collective, an early-stage venture capital firm. Lemonada came on the podcast scene last fall with its chart-topping podcast series Last Day and now has six series out in the world, with a seventh and eighth on the horizon for this summer. Lemonada will double its slate every year for several years starting in 2021 and has plans for global expansion soon.

Blue Collective’s investment will allow for strategic growth, allowing co-founders and co-leaders Jessica Cordova Kramer (Chief Executive Officer) and Stephanie Wittels Wachs (Chief Creative Officer) to continue to accelerate Lemonada’s lofty mission of making life suck less, one podcast at a time. With this recent fundraise led by Blue Collective and filled out by friends, family, and angel investors, Lemonada plans to hire several critical positions to help it scale over the next few years. These positions include Vice Presidents of Production, Finance & Operations, and Marketing & Growth, along with several other essential production and marketing roles.

Lemonada Media is a podcast network that offers content that is raw and real, sorting through the ugliness, weirdness, awkwardness, and darkness life can bring.

The Loeb & Loeb team included partner Lloyd Rothenberg (Picture), senior counsel Megan Stombock, associate Emily Sheahan, and paralegal Susan Zalduendo.

Involved fees earner: Lloyd Rothenberg – Loeb & Loeb Llp; Emily Sheahan – Loeb & Loeb Llp; Megan Stombock – Loeb & Loeb Llp;

Law Firms: Loeb & Loeb Llp;

Clients: Lemonada Media ;

Author: Ambrogio Visconti