Lyra Growth Partners

Lyra Growth Partners Inc. is a principal investment firm based in Vancouver, Canada, founded in September 2015. The firm specializes in investing in emerging consumer brands, particularly those in sectors such as personal care, food and beverage, lifestyle, and beauty. Lyra targets companies with revenues exceeding $3 million and focuses on fast-growing businesses. In addition to providing non-institutional capital, Lyra offers brand-savvy coaching aimed at helping these brands accelerate growth and enhance their value. The firm's approach emphasizes strengthening the relationship between brands and their consumers while fostering a positive corporate culture. Lyra Growth Partners is dedicated to supporting both business and personal development for its partners.

Charles Chang

President and Founder

Maggie Ko

Director of Finance

Sebastian Kocsis

Managing Partner

Chelsea Stanimir

Principal

21 past transactions

BuildDirect

Post in 2022
BuildDirect Technologies Inc. operates an online marketplace that connects homeowners and home improvement professionals in North America with global suppliers of building materials. Founded in 1999 and based in Vancouver, Canada, the company offers a wide range of products, including flooring, decking, tiles, and other building materials. Its platform facilitates the buying and selling of these materials, enhancing accessibility for consumers and professionals alike. BuildDirect's services also include BuildDirect Gateway, a global supply chain platform that provides third parties with access to advanced warehousing and logistics solutions, streamlining the shipping process from manufacturing to last-mile delivery. The company generates the majority of its revenue from its primary platform in the United States.

BuildDirect

Post in 2022
BuildDirect Technologies Inc. operates an online marketplace that connects homeowners and home improvement professionals in North America with global suppliers of building materials. Founded in 1999 and based in Vancouver, Canada, the company offers a wide range of products, including flooring, decking, tiles, and other building materials. Its platform facilitates the buying and selling of these materials, enhancing accessibility for consumers and professionals alike. BuildDirect's services also include BuildDirect Gateway, a global supply chain platform that provides third parties with access to advanced warehousing and logistics solutions, streamlining the shipping process from manufacturing to last-mile delivery. The company generates the majority of its revenue from its primary platform in the United States.

BuildDirect

Post in 2022
BuildDirect Technologies Inc. operates an online marketplace that connects homeowners and home improvement professionals in North America with global suppliers of building materials. Founded in 1999 and based in Vancouver, Canada, the company offers a wide range of products, including flooring, decking, tiles, and other building materials. Its platform facilitates the buying and selling of these materials, enhancing accessibility for consumers and professionals alike. BuildDirect's services also include BuildDirect Gateway, a global supply chain platform that provides third parties with access to advanced warehousing and logistics solutions, streamlining the shipping process from manufacturing to last-mile delivery. The company generates the majority of its revenue from its primary platform in the United States.

Bonsai

Series A in 2022
Bonsai’s mission is to help people find and buy the products they want, as soon as they realize they want them. The company began in 2016 as a streetwear style and news app and turned into content-driven commerce. Bonsai is partnered with 30 publishers and has integrated 1,200 brands. The company's technology enables users to transact natively while browsing content. It makes the journey from seeing a product to buying it possible in two taps. Bonsai allows merchants to capture customers while they browse content, right when purchasing intent is being formed.

BuildDirect

Post in 2022
BuildDirect Technologies Inc. operates an online marketplace that connects homeowners and home improvement professionals in North America with global suppliers of building materials. Founded in 1999 and based in Vancouver, Canada, the company offers a wide range of products, including flooring, decking, tiles, and other building materials. Its platform facilitates the buying and selling of these materials, enhancing accessibility for consumers and professionals alike. BuildDirect's services also include BuildDirect Gateway, a global supply chain platform that provides third parties with access to advanced warehousing and logistics solutions, streamlining the shipping process from manufacturing to last-mile delivery. The company generates the majority of its revenue from its primary platform in the United States.

Hooray Foods

Seed Round in 2021
Hooray Foods, Inc. specializes in producing plant-based bacon alternatives that closely mimic the taste and cooking experience of traditional bacon. Founded in 2019 and based in San Francisco, California, the company employs a proprietary fat encapsulation technique that allows its products to sizzle and smell like real bacon while being gluten-free, soy-free, nitrite-free, and hormone-free. Hooray Foods aims to provide consumers with a healthy, affordable, and flavorful option for those looking to reduce or eliminate meat from their diets. The company's offerings are distributed through various partners, markets, and cafes.

Schoolyard Snacks

Series A in 2020
Schoolyard Snacks is a food startup established in March 2019 that specializes in producing low-carb, high-protein, and sugar-free cereals and snacks. The company offers sugar-free cheese puffs and cereals, which replace traditional carbohydrates and sugars with high-quality protein and monk fruit. This approach allows customers to enjoy healthier snack options without sacrificing flavor. While the primary sales focus is on direct-to-consumer channels, Schoolyard Snacks is committed to providing nutritious alternatives that cater to health-conscious consumers.

Atolla

Seed Round in 2020
Atolla is a company focused on transforming the skincare industry by offering personalized skin health solutions. Utilizing a patented process developed at MIT, Atolla creates custom skincare routines tailored to individual skin needs. Customers begin by taking a skin test using a specially designed kit, which informs the formulation of their personalized serums. These serums are crafted with precisely combined ingredients to maximize effectiveness based on each user's unique skin profile. In addition to providing customized products, Atolla equips consumers with the tools and guidance necessary to support their skin health over time, empowering them to make informed decisions regarding their skincare.

Vitruvi

Series A in 2020
Vitruvi is a Vancouver-based company founded in 2014 by siblings Sean and Sara Panton, specializing in the development of essential oil products crafted from high-quality, natural ingredients. The company focuses on enhancing home environments with a variety of offerings, including diffusers, humidifiers, and scents that utilize non-toxic essential oils. By prioritizing safe and natural home scenting and air care, Vitruvi aims to create a more pleasant ambiance for its customers. The company has gained recognition in the industry, appearing on notable lists such as Fast Company’s Most Innovative Companies and Forbes 30 Under 30.

FaceTory

Venture Round in 2020
Facetory, Inc. is a California-based company that operates a monthly subscription service specializing in Korean sheet masks. Founded in 2014 and headquartered in Brea, the company offers two subscription options: the FOUR-ever FRESH box, which includes four sheet masks, and the SEVEN LUX box, featuring seven masks. Facetory aims to simplify the selection process for consumers by curating a variety of popular and hard-to-find Korean sheet masks, delivering them directly to subscribers' doorsteps. This service caters to both enthusiasts and newcomers to sheet masking, providing an accessible way to explore the latest trends in skincare. The company is dedicated to sharing its passion for Korean skincare and enhancing the masking experience for its customers.

Puris

Venture Round in 2020
Puris Proteins, LLC is a family-owned company specializing in the production of plant-based, non-GMO food ingredients for the food industry. Established in 1985 and headquartered in Minneapolis, Minnesota, with additional facilities in Oskaloosa, Iowa; Randolph, Minnesota; Turtle Lake, Wisconsin; and Wilmington, Illinois, Puris offers a sustainable alternative to genetically modified and animal proteins. The company focuses on cultivating pure vegan, gluten-free, dairy-free, and allergen-free products, leveraging over 30 years of expertise in non-GMO natural breeding. Puris is recognized as the exclusive producer of PURIS Pea protein and supplies a variety of non-GMO ingredients, including starches, fibers, and products derived from soy, pulses, lentils, and corn. The company emphasizes building strong partnerships with domestic growers to ensure the quality and integrity of its ingredients.

Direct Tap

Venture Round in 2020
Direct Tap was established to provide a better logistical service to craft liquor manufacturers in British Columbia. They have experienced the logistical services offered in the province first hand, and they understand there is a need for a specialized company. Their team has extensive experience over the past few years working through the challenges and limited options currently present in the marketplace. They aim to be much more than a logistics company. They truly care about the success of the brands we partner with and recognize that their success relies on maintaining strong customer relationships.

Pinto

Venture Round in 2020
Pinto operates an online platform that specializes in food, grocery, and consumer packaged goods (CPG) data and analytics. The company offers tools that help businesses of all sizes personalize their offerings and assist shoppers in finding products that align with their health and lifestyle preferences. Pinto's platform enables clients to track essential nutrients, ingredients, and other relevant food data points, facilitating informed purchasing decisions. By optimizing product assortments and providing detailed product information, Pinto aims to make food and nutrition information more accessible and tailored to individual dietary goals.

Social Nature

Seed Round in 2019
Social Nature operates a product launch platform designed for emerging consumer packaged goods (CPG) brands, focusing on natural and organic products. The platform allows users to test new products for free in exchange for writing reviews on social media, using the hashtag #trynatural. This approach not only enables consumers to discover and experience various natural products but also helps retailers make informed decisions about which items to stock based on advanced insights generated from user feedback. By facilitating this interaction between consumers and brands, Social Nature supports the growth of emerging CPG brands while promoting healthier product choices.

bellroy

Series A in 2019
Bellroy is a retail brand specializing in luxury leather accessories designed to enhance the travel experience. The company offers a diverse range of stylish, thin, and durable products, including luggage, tech solutions, and work accessories. By utilizing all-natural materials, Bellroy ensures that its products are secure and resilient, suitable for various extreme weather conditions. The brand focuses on innovative designs that improve the storage, protection, and transportation of personal items, catering to customers who seek both practicality and elegance in their everyday carry.

Rise

Private Equity Round in 2019
Rise provides kombucha goods. They have recipes for things like the rising sun, rising tide, crimson moon, lost island sour, raspberry basil breeze, and passion. They provide a range of goods.

BuildDirect

Series D in 2018
BuildDirect Technologies Inc. operates an online marketplace that connects homeowners and home improvement professionals in North America with global suppliers of building materials. Founded in 1999 and based in Vancouver, Canada, the company offers a wide range of products, including flooring, decking, tiles, and other building materials. Its platform facilitates the buying and selling of these materials, enhancing accessibility for consumers and professionals alike. BuildDirect's services also include BuildDirect Gateway, a global supply chain platform that provides third parties with access to advanced warehousing and logistics solutions, streamlining the shipping process from manufacturing to last-mile delivery. The company generates the majority of its revenue from its primary platform in the United States.

Tentree

Venture Round in 2018
At tentree, Their goal is to become the most environmentally progressive brand on the planet. We don’t want to just reduce the negative impact of the apparel industry, we want to use it as a vehicle for change. Our purpose is to revitalize our environment and inspire a generation to believe that they can do the same.

SBFC Finance

Private Equity Round in 2017
SBFC Finance Ltd is a non-deposit-taking non-banking finance company that specializes in providing secured loans to micro, small, and medium enterprises (MSMEs) and loans against gold. The company primarily serves entrepreneurs, small business owners, and self-employed individuals, offering financial products such as MSME loans, business loans, and personal loans. With interest rates starting at 12.50% per annum, SBFC Finance aims to support its clients' ambitions through a unique PhyGital model that combines technology with personalized, in-person service. This approach allows the company to work closely with customers on their loan applications, ensuring a tailored experience that meets their specific needs. The majority of SBFC Finance's revenue is derived from interest income generated through its lending activities.

FreshTAP

Venture Round in 2017
FreshTAP is a food and beverage company

BuildDirect

BuildDirect Technologies Inc. operates an online marketplace that connects homeowners and home improvement professionals in North America with global suppliers of building materials. Founded in 1999 and based in Vancouver, Canada, the company offers a wide range of products, including flooring, decking, tiles, and other building materials. Its platform facilitates the buying and selling of these materials, enhancing accessibility for consumers and professionals alike. BuildDirect's services also include BuildDirect Gateway, a global supply chain platform that provides third parties with access to advanced warehousing and logistics solutions, streamlining the shipping process from manufacturing to last-mile delivery. The company generates the majority of its revenue from its primary platform in the United States.
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