L.
L. is a consumer goods company based in San Francisco, known for its organic personal care products and a commitment to social impact, having made over 250 million products accessible worldwide.
Company Location
L. is headquartered in San Francisco, California, USA. This places the company at the heart of a major hub for technological innovation and business development. A presence in San Francisco allows L. to leverage the vibrant business ecosystem and resources available in the region.
Industry and Sub-Industry
L. operates within the consumer industry, specifically focusing on the home and personal care sub-industry. This sector involves the creation and distribution of products designed for personal hygiene, beauty, and home care, catering to consumer needs in these areas.
Y-Combinator Batch
L. was part of the Y-Combinator S15 batch. Y-Combinator is a prestigious startup accelerator that provides seed funding, mentorship, and support to early-stage companies. Being part of this program indicates that L. received significant input and backing during its formative stages.
Social Impact Initiative
L. has a notable social impact initiative where for every product sold, another product is made accessible to a woman or girl in need. This program has resulted in more than 250 million products being made accessible in over 20 countries, demonstrating L.'s strong commitment to social responsibility and community support.
Awards and Recognition
L. has been recognized as 'Best for the World' by B Corp. This recognition is awarded to companies that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability. It underscores L.'s dedication to positive social and environmental impact.
Acquisition by P&G
L. was acquired by Procter & Gamble (P&G) in 2019. Despite this acquisition, L. retained its status as a Public Benefit Corporation, indicating that its commitment to public good remained unchanged post-acquisition. This acquisition likely provided L. with additional resources and reach, furthering its mission and impact.