Company Research Report: Yoobi

Company Overview

• Name: Yoobi

• Mission of the Company: Yoobi’s mission is to transform education and empower students and teachers by providing access to essential school supplies. Their goal is to ensure that every child has the tools to dream big.

• Founded: Yoobi was founded by Ido Leffler and Lance Kalish.

• Founders: Ido Leffler and Lance Kalish

• Key People in the Company: No information available

• Headquarters: No information available

• Number of Employees: No information available

• Revenue: No information available

• What the Company is Known For: Yoobi is known for its vibrant, high-quality product line that inspires creativity and supports classrooms in need through their one-for-one donation model.

Products

• Product Offerings: Yoobi offers a range of stationery products.

• High-Level Description of Products:

• Pencils: Includes various designs such as Yoobi Color Block, Barbie, and Star Wars themed No.2 pencils.

• Notebooks: A collection of colorful and themed notebooks including Barbie and Grogu designs.

• Snack Bags: Reusable snack bags with popular themes like Harry Potter.

• Bento Boxes: Includes themed bento boxes such as Grogu and Barbie.

• Writing Instruments: Gel pens with charms featuring themes like Harry Potter and Marvel Avengers.

• Key Features of Each Product:

• Pencils: Offered in collectible themes, aiming to bring creativity and fun.

• Notebooks: Available in packs of multiple designs, appealing to different preferences and needs.

• Snack Bags: Reusable, promoting sustainability and featuring popular character designs.

• Bento Boxes: Functional design paired with character themes, including ice packs.

• Gel Pens: Themed pen sets with charms, which add a novelty factor to standard writing tools.

Recent Developments

• Recent Developments in the Company:

• Launched The Eraser Program to distribute nearly 2 million erasers to classrooms.

• Conducted in-person Yoobi Give events, delivering supplies directly to students and teachers.

• Provided over 5 million supplies in FY23, impacting more than 340,000 students.

• New Products Launched: Specific new products launched recently not detailed.

• New Features Added to Existing Products: No information available.

• New Partnerships: Continuous collaboration with Kids in Need Foundation to distribute supplies in underserved communities.

Impact and Social Responsibility

• Social Impact: Operates on a one-for-one donation model—each product purchased results in a donation of a similar item to schools in need.

• FY23 Impact Report Highlights:

• Achieved the distribution of over 11,559 Classroom Packs.

• Each Yoobi item purchased supports donations to classrooms across the United States.

• Community Engagement:

• Conducted school visits, positively impacting students and teachers directly.

• Participated in events like Giving Tuesday, promoting their mission and community participation.

Yoobi continues to blend social impact with business by ensuring products not only fulfill functional needs but also inspire creativity and provide educational support to communities in need.