Last week here at Snorble, we were delighted to announce that we had received venture capital funding from Legendary Ventures.
Snorble will use this strategic investment as part of a round designed to accelerate product development and launch into the global retail markets.
“We are excited to receive our first venture backed investment from industry icon Legendary Ventures, including their strategic guidance and domain expertise in the consumer markets that will accelerate the growth of Snorble as we continue to develop our business,” said Snorble Co-Founder and CEO Mike Rizkalla.
Legendary Ventures’ investments include some of the most recognizable consumer-retail-technology brands in the world, such as SpaceX, J.Crew, Lululemon, Airbnb, and Etsy.
Ryan Shuler, Managing Partner at Legendary Ventures, said:
“We were inspired by Snorble’s vision to help families and children interact with technology in ways that bring their lives closer together. Snorble is going to be a disruptive force that matches our extraordinary legacy of driving strategic value for emerging consumer, retail, and technology companies.”
Additionally, Jayson Kim, General Partner of Legendary Ventures, said:
“We are excited to support such an innovative product that blends the physical with the virtual to drive the next-generation of experiences in the metaverse for families.”
About Legendary Ventures
Legendary Ventures is a venture capital firm that accelerates value creation for
early-stage startups in the consumer, retail, and technology industries. For more
information about the firm and its funds, visit their website.
The flagship Snorble® product is an engaging and intelligent sleep buddy that helps children develop healthy habits and bedtime routines by blending proprietary natural language processing and AI with an animated character to present an experience for families that has never been seen before.