SAN FRANCISCO, May 07, 2018 -- Nothing compares to the feeling of dread when you get out of a cab or train and realize you just left your phone behind, or you’re leaving a concert and realize your grandmother’s heirloom necklace is no longer around your neck, or your dog gets out the front door, and though you chase him as hard as you can, he outruns you until he’s out of sight.
You need LOFO, a new, free app for both iOS and Android smartphones. LOFO, short for “Lost and Found”, was created to make losing and finding items a fun and headache-free experience. A key feature of the app is that users can post and search by geographic location, making it especially valuable to travelers.
“I’ve lost a few things over the years things that meant something to me, and there wasn't an effective platform to find them,” said Raelene Ohlson, LOFO’s co-founder. “With LOFO, you can put in the approximate location of the lost item, and you will see the 'lost' icon on a map. When people find something, they simply upload the found item, add the detail and the 'loser' will automatically be asked via push notifications to confirm their item is a match. It’s that simple.”
The average person loses 1.24 items per year. In the United States, that means more than 1 million items are reported lost daily. The average price of the lost item is $220.15, meaning there are more than $240 million dollars per day in lost items, or $87.6 billion a year.
The app’s main screen shows missing items that have rewards for their return, or have been paid to be “Bumped Up.” The Marketplace is where unclaimed items can be sold, with the option of donating the part or all proceeds to a charity of the seller’s choosing.
For more information, please visit http://www.lofo.global.
About LOFO
LOFO was conceptualized when CEO Scott Boocock's friend, co-founder Raelene Ohlson, lost a treasured ring on the beach. Frantic, she found a man with a metal detector on the shoreline, gave him her contact info and said a prayer that the ring might somehow be found — and that the man might still have her number. Around the same time, a sweet dog with hungry eyes and no identification tags wandered into Boocock’s office. There must be a better way of connecting items and animals to their rightful owner, they thought — and LOFO was born. Whether it's an engagement ring, a favorite pair of sunglasses, a pet, or a phone, it's their hope that LOFO will efficiently and painlessly reunite lost items with their owners.
MEDIA CONTACT Martin Stein, Publicist Orca Communications [email protected] 702-285-2873


Strategy Hints at Bitcoin Sales to Cover Dividends After Massive Q1 Loss
Supermicro Forecasts Strong Q4 Revenue Growth as AI Server Demand Surges
Rivian Hints at New R2 Variants as Production Ramps Up Ahead of 2027 Launch
Philips Reaffirms 2026 Outlook After Strong Q1 Sales and Margin Beat
AMD Q1 Earnings Surge on AI Demand, Stock Jumps After Strong Guidance
Continental AG Shares Jump After Q1 Profit Beats Expectations
Agentic AI Boom to Drive Massive Growth in CPU Market, UBS Says
Palantir Reports Record Growth, Raises 2026 Revenue Outlook Above Expectations
Novo Nordisk Raises 2026 Outlook on Strong Wegovy Demand
Regis Resources and Vault Minerals to Merge in $10.7B Gold Deal
Hugo Boss Beats Q1 Profit Expectations Despite Market Headwinds
Apple Explores Intel and Samsung Partnerships to Diversify Chip Supply Chain
Samsung Appoints New TV Business Head Amid Rising Competition from Chinese Rivals
Strategy Reports Q1 Loss as Bitcoin Holdings Trigger $14.46 Billion Unrealized Hit
Hua Hong Semiconductor Stock Surges to Multi-Year High Amid AI Boom
Berkshire Hathaway Meeting Sees Shift as Greg Abel Steps Into Leadership Spotlight
Infineon Raises 2026 Outlook as AI Data Center Chip Demand Surges 



