Thomas Colaiezzi and Jemma Barbarise
LifeBrand is on the verge of closing its Series A, a $27 million round that founder and CEO Thomas Colaiezzi says values the three-year-old social media tech company at $110 million.
The West Chester-based team set out to raise $20 million, Colaiezzi told Technical.ly, and they’ve officially closed on $18 million of that round. But some yet-to-be-named investors are participating, and the round is expected to close at $27 million some time next month, he said.
“We are pretty excited about the support,” Colaiezzi said.
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