Investments
11Portfolio Exits
4Partners & Customers
10About Lowe's Companies
Lowe's Companies, Inc. (NYSE: LOW) is a U.S.-based chain of retail home improvement and appliance stores. It was founded in 1946 in North Wilkesboro, North Carolina.
Lowe's Companies Headquarter Location
1000 Lowe's Blvd
Mooresville, North Carolina, 28117,
United States
704-758-1000
Lowe's Companies Web Traffic
Lowe's Companies Rank
Lowe's Companies Investments
11 Investments
Lowe's Companies has made 11 investments. Their latest investment was in Canopy Lawn Care as part of their Series A on December 12, 2016.
Lowe's Companies Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
12/29/2016 | Series A | Canopy Lawn Care | $2M | No | 3 | |
10/12/2015 | Seed VC | K4Connect | $1.9M | Yes | 2 | |
9/9/2015 | Seed VC | Canopy Lawn Care | $1.5M | Yes | 2 | |
8/5/2015 | Corporate Minority | |||||
4/21/2015 | Seed VC |
Date | 12/29/2016 | 10/12/2015 | 9/9/2015 | 8/5/2015 | 4/21/2015 |
|---|---|---|---|---|---|
Round | Series A | Seed VC | Seed VC | Corporate Minority | Seed VC |
Company | Canopy Lawn Care | K4Connect | Canopy Lawn Care | ||
Amount | $2M | $1.9M | $1.5M | ||
New? | No | Yes | Yes | ||
Co-Investors | |||||
Sources | 3 | 2 | 2 |
Lowe's Companies Portfolio Exits
4 Portfolio Exits
Lowe's Companies has 4 portfolio exits. Their latest portfolio exit was Porch on December 23, 2020.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
12/23/2020 | Reverse Merger | 12 | |||
Date | 12/23/2020 | |||
|---|---|---|---|---|
Exit | Reverse Merger | |||
Companies | ||||
Valuation | ||||
Acquirer | ||||
Sources | 12 |
Lowe's Companies Acquisitions
8 Acquisitions
Lowe's Companies acquired 8 companies. Their latest acquisition was INVISTA - STAINMASTER on April 22, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
4/22/2021 | Acquired Unit | 4 | ||||
5/20/2019 | ||||||
5/1/2019 | Series D | |||||
5/18/2017 | ||||||
5/20/2016 |
Date | 4/22/2021 | 5/20/2019 | 5/1/2019 | 5/18/2017 | 5/20/2016 |
|---|---|---|---|---|---|
Investment Stage | Series D | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired Unit | ||||
Sources | 4 |
Lowe's Companies Partners & Customers
10 Partners and customers
Lowe's Companies has 10 strategic partners and customers. Lowe's Companies recently partnered with Instacart on February 2, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
2/23/2022 | Partner | United States | SAN FRANCISCO and MOORESVILLE , N.C. -- February 23 , 2022 -- Instacart , the leading online grocery platform in North America , and Lowe 's today announced a partnership to pilot same-day delivery in as fast as one hour . | 2 | |
1/27/2022 | Partner | United States | Lowe's, Petco to Harness the Power of Home and Pets with New Store-in-Store Concept To better serve those looking for expertise in both the home and pet space , pilot locations will staff knowledgeable Petco Health and Wellness Company , Inc. partners during peak hours to offer pet-focused guidance alongside Lowe 's associates ' advice on home improvement projects . | 5 | |
11/17/2021 | Vendor | United States | Lowe's Launches Livable Home, Partners With AARP In the first in a series of steps , Lowe 's is announcing a unique online and in-store collaboration in customer education with AARP , the largest nonprofit organization dedicated to serving people 50 years and older and their families for more than six decades . | 1 | |
10/14/2021 | Vendor | ||||
10/11/2021 | Partner |
Date | 2/23/2022 | 1/27/2022 | 11/17/2021 | 10/14/2021 | 10/11/2021 |
|---|---|---|---|---|---|
Type | Partner | Partner | Vendor | Vendor | Partner |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | SAN FRANCISCO and MOORESVILLE , N.C. -- February 23 , 2022 -- Instacart , the leading online grocery platform in North America , and Lowe 's today announced a partnership to pilot same-day delivery in as fast as one hour . | Lowe's, Petco to Harness the Power of Home and Pets with New Store-in-Store Concept To better serve those looking for expertise in both the home and pet space , pilot locations will staff knowledgeable Petco Health and Wellness Company , Inc. partners during peak hours to offer pet-focused guidance alongside Lowe 's associates ' advice on home improvement projects . | Lowe's Launches Livable Home, Partners With AARP In the first in a series of steps , Lowe 's is announcing a unique online and in-store collaboration in customer education with AARP , the largest nonprofit organization dedicated to serving people 50 years and older and their families for more than six decades . | ||
Sources | 2 | 5 | 1 |
Lowe's Companies Team
13 Team Members
Lowe's Companies has 13 team members, including current Chief Executive Officer, Robert A. Niblock.
Name | Work History | Title | Status |
|---|---|---|---|
Robert A. Niblock | Chief Executive Officer | Current | |
Joseph M. McFarland | J.C. Penney, The Home Depot, and United States Marine Corps | Executive Vice President | Current |
Kyle Nel | Founder | Former | |
Mike Amend | President | Former | |
Douglas Robinson | President | Former |
Name | Robert A. Niblock | Joseph M. McFarland | Kyle Nel | Mike Amend | Douglas Robinson |
|---|---|---|---|---|---|
Work History | J.C. Penney, The Home Depot, and United States Marine Corps | ||||
Title | Chief Executive Officer | Executive Vice President | Founder | President | President |
Status | Current | Current | Former | Former | Former |
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