The Finally Light Bulb Company produces Acandescent™ technology bulbs that are non-LED, non-CFL, patented, and designed to replicate the warm quality of incandescent light while improving energy efficiency by roughly 75 percent. The company offers 60W, 75W and 100W replacement bulbs backed by a 10-year warranty and became generally available in 2016. Finally products are on-shelf at over 1,400 U.S. retail doors, including Staples, Ace Hardware, Big Y and H-E-B, and are sold online through Amazon, Wayfair, Staples, and the company site. The company was formed in 2013 and is Massachusetts/Boston-based. Following the Series C close the company has raised $38 million in total and has a post-money valuation of $75 million. Finally plans to use the new capital to accelerate U.S. roll-out into big box retail, pursue international markets, and hire additional sales and marketing resources.

Total raised

$15M

Funding rounds

1

Latest round

Series C

Latest activity

Jan 2017