Zola wedding registry lands $25 million led by Lightspeed

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Zola, the smarter wedding present registry, has finalized term sheets for a $25 million Series C round of money, based on sources close to the matter. Sources state that Lightspeed led the round, which Zola’s pre-funding valuation is at $200 million.

Zola can be an on line wedding registry that lets couples choose items from a number of brands and even set up a money investment.

Guests should buy services and products for a partners’ Zola web page and now have them sent right to the couple, preventing the hassle of entering a shop that already features a registry and dealing with the mess of present wrapping, transportation, etc. Zola gels with existing brands but additionally lets users import products from other internet sites to enhance their registry.

Plus, the Zola few can select whenever their products or services arrive or convert their gifts into Zola store credit.

Zola ended up being started by Gilt founder Kevin Ryan in 2013, and contains raised a complete of $15.85 million from investors like Thrive Capital, Canvas Ventures, Female Founders Fund and BBG Ventures (excluding this latest round).

Both Zola and Lightspeed declined to comment on this story.

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