Location: New York, NY
Founder: Katerina Mountanos
Invested: Pre-Seed Round, September 2019
Kosterina is a wellness brand that offers products centered around Greek extra virgin olive oil as a hero ingredient. The polyphenols contained in olive oil have been widely heralded for their benefits in cardiovascular health, digestion and brain function. At the same time, a large percentage of imported olive oil labeled "extra virgin" does not meet the standard for that label. Tapping into her Greek heritage and her family's hometown of Koroni, Greece, a place world-renowned for its olives, Katina Mountanos founded Kosterina to bring the best olive oil in the world to the US. Kosterina doesn't stop at olive oil -- the brand also makes balsamic vinegars and olive oil-infused chocolate.
Our relationship with Katina extends back many years. After selling her prior business to Elizabeth Arden, she joined Walmart as the Head of Brand Incubation. During that time, she was an advisor to Lakehouse, advising and supporting a number of our early consumer investments. When she left Walmart to build Kosterina, we were thrilled to lead her pre-seed round of financing in late 2019. Kosterina was the twelfth investment made by Lakehouse.