FundMyPitch’s Post

💵 Funding News: 🗓️ News Month: October, 2024 💊 SuppCo Secures $5.5M Seed Funding to Revolutionize Health Supplement Management! 🚀 New York-based SuppCo is transforming the way we approach health and wellness with its intelligent supplement companion app. Backed by Industry Leaders: 🔸Co-leads: Union Square Ventures & True Ventures 🔸Additional Investors: BoxGroup & @Compound What’s Next for SuppCo: 🔹Expanding Operations 🌍: Scaling to meet growing demand. 🔹Advancing Technology 🧠: Enhancing its analysis algorithm and supplement data model. 🔹Growing Reach 📈: Broadening its presence in the health and wellness market. What Makes SuppCo Unique: 🔸Personalized supplement ratings and tailored tips to help users achieve health goals. 🔸A robust TrustScore system for evaluating the quality of products. 🔸Insights on price per serving, popularity, and nutrient comparisons. Founded by Steve Martocci, SuppCo empowers individuals to manage their supplement routines with precision, ensuring they make informed decisions for better health outcomes. The future of personalized wellness starts here! 💪 📢 Stay tuned to Future Techly for the latest updates on this groundbreaking initiative and the latest in tech and business! 💥 Source: FinSMEs ♻️ Repost if you think this insight is worth sharing!

🚀 MBA Project Journey: Launching Nutrikits 🚀 As part of my MBA in Entrepreneurship, my team and I embarked on an exciting project to create and launch a brand. We conceptualized Nutrikits, a unique solution for fitness enthusiasts and health-conscious individuals—a brand offering DIY protein food kits to simplify daily protein consumption and cater to personalized dietary needs. Before jumping into the launch, we applied the critical lesson we learned in marketing: R&D is key! To ensure Nutrikits truly resonated with our audience, I conducted interviews with regular workout enthusiasts. These conversations provided invaluable insights into their challenges, preferences, and expectations, helping us refine our product concept to align with their needs. This experience reinforced the importance of customer-centric innovation and validated the power of research in shaping impactful brands. Excited for more opportunities to create solutions that matter! Thank you professor Kumar Aashish for giving this project!! #MBAJourney #Entrepreneurship #BrandBuilding #Nutrikits #Innovation #MarketingInsights #Fitness

Most opportunities to invest in the Liberty Ventures ecosystem are reserved for accredited investors. However, there is an opportunity right now for anyone to invest through a crowdfunding campaign in an awesome company led by Sam Corcos: Levels. Levels shows customers how food impacts their body. Through data and insights Levels helps people tailor their nutrition, sleep, and exercise to hit their health goals. They are an early stage startup still, but with an incredible track record: - 143% compounding annual revenue growth, 1,327% in total from 2020 to 20232 - $21M+ Revenue in 20233 - $46M in equity capital raised to date, backed by leading VC firms including a16z, Trust, and Shrug4 - Maintained 2+ years of financial runway and $15.8m in cash on hand as of 12/31/2023 You can learn more and invest in Levels here: https://lnkd.in/ehHP8AAM . What do you think about this approach to for-profit fundraising? And what do you think about Levels?

"A Business Built for the Greater Good". You summed up my journey thus far at ALOHA perfectly, Ramon Vela. Appreciated our wide-ranging conversation on the state of #entrepreneurship and the simultaneously rational and irrational aspects of brand & business building. It's not for the faint of heart...but, in my opinion, there is nothing more impactful than creating and shepherding a company through its infancy and, consequently, setting the table for the sustainable growth necessary to jump to the next S curve. #leadership #foodandbeverage #founders #founderstories #brands https://lnkd.in/g2XhbUX8

🤔 White Labels or R&D: Why Choose the Latter? Entrepreneurs often struggle with the decision of opting for white labels or investing in R&D when entering the supplement & wellness market. And this choice is pivotal in shaping the future of a business. At Pawer Water, our decision was clear-cut. Our expertise and robust network gave us the confidence to invest in R&D. Why Choose R&D? First, developing your own products enables you to embed your identity and values into your offerings. This leads to bold and innovative products that stand out in the market. White label supplements might offer a quicker and cheaper route to market, but they lack this unique touch. (Hence you can find that most veterinary brands are white label supplements). As a former Brand & Innovation strategist, I've always believed that investing in development and bespoke solutions can create truly unique and differentiating products that would answer a need. Many of us, "the entrepreneurs with big dreams", are looking for the day we can do a pawtastic exit (i.e sell successfully our business). The reality is brands that develop their own products are far more attractive to potential buyers (corporate and individuals). Original products demonstrate commitment to quality and innovation, which significantly boosts acquisition chances. In fact, the data speaks. According to industry reports, brands investing in R&D see a 30% higher acquisition rate compared to those relying on white labels. And equally or more importantly, 60% of consumers prefer to purchase from brands that develop their own products, as it reflects the brand’s authenticity and reassures on quality control. And yes, developing your own formula means more work: relentless research on ingredients, scientific reports, trend spotting, customer behaviour analysis, rigorous audits. And I have to admit, it can feel daunting sometimes but at Pawer Water, we decided to not shy away from working hard to get the best out there. Our learning and what our mentors, successful founders and investors alike told us to use as a line of conduct: Invest in R&D. Build something unique. Surround yourself with smarter people than you. The future of your brand depends on it. So, we keep going. And so far, it is a pawsome entrepreneurial journey. #entrepreuneurship #petcare #petsupplements

SEED SPOT Spotlight on WelFore Health: Innovators in Wellness and Weight Management SEED SPOT is excited to showcase WelFore Health,a standout participant in SEED SPOT's Impact Accelerator. Founded by Ann-Marie Stephens and Ed Stephen, WelFore Health is helping people achieve weight management goals in a sustainable, culturally relevant, gamified way. Biggest Accomplishment: "Creating a compelling 3-minute pitch deck that tells our complete story and showcases our impact," the founders shared. Through the storytelling process, the team realized, "We've discovered that WelFore Health is truly a social enterprise organization!" The Most Impactful Lesson: The power of innovative pricing models. WelFore Health is now exploring partnerships with mission-aligned organizations to help subsidize their services for underserved communities. This approach could be a game-changer in making health and wellness accessible to all. Key Insight: "Others can more clearly see what our business is about, providing invaluable insights and recommendations." This external perspective, facilitated by SEED SPOT's program, has been crucial in refining their vision and strategy. WelFore Health is developing a comprehensive wellness and healthy weight management system that promises to make healthy living delicious and fun. SEED SPOT is proud to support innovators like WelFore Health who are at the forefront of health technology and social impact. Their journey exemplifies the power of entrepreneurship to drive meaningful change in our communities. What innovations in health and wellness are you most excited about? Share your thoughts in the comments below! #SEEDSPOTAccelerator #HealthInnovation #SocialEnterprise #WellnessRevolution #HealthTech #WeightManagement #SocialImpact

Would you quit an Ivy League MBA program to launch a business inspired by your mom? That's exactly what #entreprenur Sam Faycurry did before starting Fay. Through his journey— a #masterclass in choosing between taking the path well-traveled or following through on a serendipitous opportunity— Sam learned these 3 valuable lessons: 📃Prioritize effectively: Sometimes, achieving #success means abandoning a decision you made. Sam made a hard choice to focus on growing Fay, leaving Harvard Business School in the dust. 🍽️Stay hungry: Even after securing $25 million in funding, Sam emphasizes the importance of maintaining ambition and drive. 💡Realistic solutions over idealistic visions: His #entrepreneurial success lies in addressing tangible needs, not just sticking to intellectual exercises. Sam's story reminds us the right time to pivot is when the opportunity aligns with a real-world demand. https://lnkd.in/g9kGqJ7r

The Consumer VC Roundup #95 is out: In case you missed it – • Clean Skin Club, known for its single-use viscose fiber face towel alternatives, has raised $32 million in funding from Astō Consumer Partners and Amberstone • Shiseido has invested in wellness brand Apothékary™, boosting its pre-series A funding round to $8 million through its venture capital arm. • German snack brand KoRo raised €35 million in an oversubscribed Series C round led by Coefficient Capital, with support from existing investors. • Crown Affair , a prestige hair care brand known for its focus on air-drying and natural styling, has raised $9 million in a Series B round led by True Beauty Ventures. For the full list of fundraising news, subscribe here – https://lnkd.in/g8WmXv_E Thank you Propeller Industries for sponsoring this issue. Propeller Industries is the leading strategic finance and accounting partner for venture-stage companies. #venturecapital #newsletter #consumervc #consumer

As part of our Entrepreneurship assignment during my MBA, my team and I are working on Nutrikits, a venture aimed at providing DIY plant-based protein kits. These kits are perfect for gym enthusiasts and busy professionals who struggle to meet their protein needs. Recently, I interviewed a dedicated gym-goer to better understand their needs and perceptions around protein supplements. Their insights emphasized the demand for convenient, sustainable, and customizable solutions in the fitness world. Stay tuned as we craft innovative solutions to fuel healthy lifestyles. Your feedback and thoughts are always welcome! #Entrepreneurship #MBAJourney #Innovation #PlantBasedProtein #Sustainability #HealthAndWellness #FitnessGoals #CorporateLife #StartupIdeas #DIYNutrition