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Otherland Candles Landed $2.7 Million in Funding. Would You Invest?

Somewhere, investors are congratulating themselves on a "lit" investment.
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@Otherland

less than 3 min read

Cue the emails congratulating Otherland’s co-founders on a lit seed round. The direct to consumer luxury candle brand just raised $2.7 million in its first institutional fundraising effort.

Luxury candles may not rank as high as blister-inducing work shoes or scratchy bed linens on D2C’s disruption checklist. But Otherland says competitors like Yankee Candle and Diptyque just aren’t cutting it.

  • The scent: Natural. Otherland candles are made in the USA with what it calls non-toxic yet fragrant ingredients including coconut and soy wax.
  • The look: Instagrammable. Otherland’s candle labels are drawn by artists; when they’ve burnt out, the holders can be reused as home decor.
  • The price: Aspirational. Otherland candles are $36 each—more than a can of Febreeze, less than a perfume-spurting toilet.

Keeping these candles out of the wind are backers including Red Antler, Venmo, and all five Casper co-founders. With its funding, Otherland’s adding to its workforce and exploring omnichannel sales opps—because you can’t smell a candle through the computer screen.

I need to know: Would you invest in Otherland’s next funding round? To vote yes, click here. To vote no, click here.

Retail news that keeps industry pros in the know

Retail Brew delivers the latest retail industry news and insights surrounding marketing, DTC, and e-commerce to keep leaders and decision-makers up to date.

Retail news that keeps industry pros in the know

Retail Brew delivers the latest retail industry news and insights surrounding marketing, DTC, and e-commerce to keep leaders and decision-makers up to date.