Introducing Loba, one of the ten recipients of the Mastercard x Pier Five Small Business Fund 2023!
Who: Kate Bouchard
Where: Vancouver, BC
Kate Bouchard, founder of Loba, started the business as she began her own health journey, a naturopathic treatment plan, which included vitamins and supplements. When looking for a way to organize her pills, monitor her intake and set reminders, Kate noticed that there were no products that suited both her needs and her aesthetic. So, Kate developed a beautifully designed, modern pill box and built the Loba app to help herself and her now thousands of customers stay on top of their health regimen with products that look great and are easy-to-use.
How will you use the $10,000 CAD for your business?
The funds would be used for getting our new and improved packaging to market. We have completely redesigned the look and feel of our boxes to feel ultra-premium and present beautifully with all of the best information front and center for retail. Secondly, as we’ve seen great success with creators on social media, I hope to leverage some of the funds to lean into our influencer and affiliate strategies more in 2024.
What is your big goal for the future of the business?
We have our sights set on becoming a global wellness tech brand at the intersection of health and wellness apps, smart home, and the herbal supplement markets. One long term goal is to reach over $1million in annual revenue supporting people with our device, app, and software and be able to begin giving back through our Contribution Program.
Learn more about the Mastercard & Pier Five Small Business Fund, and discover the other 2023 recipients here.
Commentaires