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.

Maggie Ko

Director of Finance

Sebastian Kocsis

Managing Partner

Chelsea Stanimir

Principal

19 past transactions

BuildDirect

Post in 2022
BuildDirect Technologies Inc. operates an online marketplace specializing in home improvement products, directly connecting consumers and contractors with suppliers and manufacturers. Founded in 1999 and headquartered in Vancouver, Canada, the company offers a diverse range of product categories including flooring, decking, building materials, kitchen and bath items, and doors. BuildDirect is recognized for creating the first open network for heavyweight goods and launched the BuildDirect Home Marketplace, which is the largest online platform for these products, enabling suppliers to manage their sales and distribution effectively. In 2017, the company expanded its services by introducing the Gateway Supply Chain, which allows third parties to access its logistics network, including warehousing and transportation services, enhancing the efficiency of product delivery from manufacturing to end consumers. With warehouses located across North America, BuildDirect continues to innovate in the home improvement sector.

BuildDirect

Post in 2022
BuildDirect Technologies Inc. operates an online marketplace specializing in home improvement products, directly connecting consumers and contractors with suppliers and manufacturers. Founded in 1999 and headquartered in Vancouver, Canada, the company offers a diverse range of product categories including flooring, decking, building materials, kitchen and bath items, and doors. BuildDirect is recognized for creating the first open network for heavyweight goods and launched the BuildDirect Home Marketplace, which is the largest online platform for these products, enabling suppliers to manage their sales and distribution effectively. In 2017, the company expanded its services by introducing the Gateway Supply Chain, which allows third parties to access its logistics network, including warehousing and transportation services, enhancing the efficiency of product delivery from manufacturing to end consumers. With warehouses located across North America, BuildDirect continues to innovate in the home improvement sector.

Bonsai

Series A in 2022
Bonsai is a technology company focused on enhancing the online shopping experience by integrating commerce directly into content. Founded in 2016, it originally started as a streetwear news app and evolved into a platform that partners with 30 publishers and incorporates 1,200 brands. Bonsai's discovery commerce technology enables users to buy products seamlessly while engaging with content, allowing them to complete purchases in just two taps. This innovative approach not only facilitates immediate transactions when consumer interest peaks but also provides publishers with a revenue model that reduces reliance on intrusive advertisements. By streamlining the path from product discovery to purchase, Bonsai aims to transform how consumers shop online.

BuildDirect

Post in 2022
BuildDirect Technologies Inc. operates an online marketplace specializing in home improvement products, directly connecting consumers and contractors with suppliers and manufacturers. Founded in 1999 and headquartered in Vancouver, Canada, the company offers a diverse range of product categories including flooring, decking, building materials, kitchen and bath items, and doors. BuildDirect is recognized for creating the first open network for heavyweight goods and launched the BuildDirect Home Marketplace, which is the largest online platform for these products, enabling suppliers to manage their sales and distribution effectively. In 2017, the company expanded its services by introducing the Gateway Supply Chain, which allows third parties to access its logistics network, including warehousing and transportation services, enhancing the efficiency of product delivery from manufacturing to end consumers. With warehouses located across North America, BuildDirect continues to innovate in the home improvement sector.

Hooray Foods

Seed Round in 2021
Hooray makes delicious plant-based meats that are designed to look, cook, and taste just like the real thing. Plants that remind us of our favorite meats while being made of ingredients we can feel good about? Now that's something to celebrate and say Hooray!

Schoolyard Snacks

Series A in 2020
Producer of cereals and snacks intended to provide a low-carb alternative. The company creates sugar-free, high-protein cheese puffs, and cereals by replacing the carbs and sugar with protein and monk fruit, enabling customers to access a healthy alternative without comprising taste.

Atolla

Seed Round in 2020
Atolla (www.atollaskinlab.com) is an MIT skin health brand that leverages machine learning to deliver personalized skincare products based on an individual’s actual skin data. Our proprietary algorithms design the most effective formulation for the user’s skin and adapt the formulation as their skin changes. It's headquarters are in Brookyln, NY.

Vitruvi

Series A in 2020
Vitruvi is a Vancouver-based company that specializes in the manufacture of essential oil products, including essential oils, oil diffusers, face and body mists, and roll-on blends. Founded in 2014 by siblings Sean and Sara Panton, Vitruvi focuses on using pure, quality ingredients to create natural scent products aimed at enhancing home environments. The company's offerings are designed to provide safe home scenting and air care, contributing to a more pleasant ambiance. Vitruvi markets its products through both physical retail locations and online platforms, gaining recognition for its innovative approach in the industry.

FaceTory

Venture Round in 2020
Facetory, Inc. operates a monthly sheet mask subscription service in California. It offers curated Korean sheet masks in the boxes. The company offers FOUR-ever FRESH box, having four sheet masks and SEVEN LUX box, with seven sheet masks. Facetory, Inc. was incorporated in 2014 and is headquartered in Brea, California.

PURIS

Venture Round in 2020
Puris Proteins, LLC is a family-owned company dedicated to producing plant-based, non-GMO food ingredients for the food industry. Founded in 1985 in Oskaloosa, Iowa, and now headquartered in Minneapolis, Minnesota, Puris operates additional facilities in Randolph, Minnesota; Turtle Lake, Wisconsin; and Wilmington, Illinois. The company specializes in cultivating sustainable alternatives to GMOs and animal proteins, offering a range of vegan, gluten-free, dairy-free, and allergen-free products. Puris is the exclusive producer of PURIS pea protein, along with other ingredients derived from soy, pulses, lentils, and corn. Its offerings include protein powders, energy bars, and meat substitutes, all designed to combine flavor and texture with high protein content, serving as nutritious substitutes for traditional food items. Through a network of domestic growers and partners, Puris emphasizes a commitment to non-GMO natural breeding, ensuring quality and sustainability in its product line.

Direct Tap

Venture Round in 2020
Direct Tap is a logistics company based in Vancouver, Canada, specializing in providing services to craft liquor manufacturers. Established in 2014, the company addresses the unique logistical challenges faced by these producers in British Columbia. Direct Tap offers a comprehensive range of services, including order placement software for partners, as well as storage, distribution, and administrative support. The team at Direct Tap has firsthand experience with the limitations in the market, which informs their approach to logistics. They prioritize building strong customer relationships and are committed to the success of the brands they collaborate with, positioning themselves as more than just a logistics provider.

Pinto

Venture Round in 2020
Developer of an online food data platform designed to make food and nutrition information more open, simple and personalized to the world. The company's platform can track the nutrients, ingredients and other food data points that are most relevant to anyone's dietary goals, enabling its clients to analyze food, grocery, and CPG products.

Social Nature

Seed Round in 2019
With Social Nature, people can try natural products for FREE in exchange for writing a product review on social media, #trynatural.

bellroy

Series A in 2019
Operator of an e-commerce platform designed to provide leather products. The company's platform offers stylish, thin, durable, and secure leather accessories made from all-natural ingredients, enabling customers to have products for all types of extreme weather conditions, reducing the impact on the environment, and making sure products last as long as possible.

BuildDirect

Series D in 2018
BuildDirect Technologies Inc. operates an online marketplace specializing in home improvement products, directly connecting consumers and contractors with suppliers and manufacturers. Founded in 1999 and headquartered in Vancouver, Canada, the company offers a diverse range of product categories including flooring, decking, building materials, kitchen and bath items, and doors. BuildDirect is recognized for creating the first open network for heavyweight goods and launched the BuildDirect Home Marketplace, which is the largest online platform for these products, enabling suppliers to manage their sales and distribution effectively. In 2017, the company expanded its services by introducing the Gateway Supply Chain, which allows third parties to access its logistics network, including warehousing and transportation services, enhancing the efficiency of product delivery from manufacturing to end consumers. With warehouses located across North America, BuildDirect continues to innovate in the home improvement sector.

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.

FreshTAP

Venture Round in 2017
FreshTAP Logistics Inc. is a Vancouver-based company specializing in the packaging and distribution of wine, particularly focusing on the growing wine-on-tap market in Canada. Established in 2011, the company offers a comprehensive range of services for local and international wineries, including cleaning, sterilization, testing, and filling of wines into kegs. FreshTAP also provides keg rental services for storage and distribution, alongside sales and marketing support. By streamlining the process of bringing fresh wine to consumers, FreshTAP aims to deliver a cost-effective and reliable solution for wineries and their licensees.
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