Nutrium Secures $12 Million in Series A Funding for Corporate Nutrition Solutions
Nutrium Secures $12 Million in Series A Funding
Nutrium, the innovative all-in-one corporate nutrition solution, has successfully raised $12 million in its Series A funding round, led by Vesalius Biocapital, with participation from notable investors including Lince Capital, Indico Capital Partners, and Beta Capital. This new influx of capital underscores the rising importance of personalized nutrition solutions in managing workforce health and controlling healthcare costs across various industries.
The Lisbon-based company, established in 2015, has already made significant strides, catering to millions of patients globally. Their platform connects users with over 350,000 registered dietitians across more than 90 countries, enabling them to create personalized meal plans, monitor health progress, and manage chronic conditions. This latest funding will allow Nutrium to enhance its services, expand its expert network, and solidify its global footprint in the corporate nutrition arena.
In a market increasingly driven by the need for effective health management strategies, Nutrium has positioned itself as a crucial player, particularly as the costs associated with obesity-related healthcare continue to surge. André Santos, the CEO and co-founder of Nutrium, noted, “Nutrition has become a business priority for companies navigating the challenges of obesity and the rapid adoption of GLP-1 treatments.” He emphasizes that this funding will empower Nutrium to broaden its reach and improve health outcomes for partner organizations and their employees.
Nutrium Care, the company's premier corporate nutrition program, provides measurable financial and health benefits that directly address the rising costs of corporate healthcare. On average, corporate partners can expect a threefold return on their investment, alongside a noticeable five percent reduction in member weight within the first four months of engaging with the program. These impacts include reduced reliance on prescription medications and heightened employee productivity.
“Employers increasingly recognize the value of well-structured nutrition programs as a means to improve health outcomes. The efficacy of Nutrium’s approach is underscored by its impressive 400% revenue growth last year, showcasing its potential as a business solution,” stated Qasim Al-Zawawi, Principal at Vesalius Biocapital. The challenges associated with obesity are significant, and alongside the growing demand for nutritional solutions, companies like Nutrium are leading the charge to provide effective interventions.
Aside from health-related benefits, this funding will enable Nutrium to continue fostering collaboration with leading brands such as Wellhub, Adidas, and Vodafone, while also fortifying its presence in the U.S. market. The corporate nutrition landscape is evolving rapidly, and Nutrium aims to become a cornerstone of wellness initiatives for organizations seeking to optimize employee health and well-being.
With a clear vision to transform corporate wellness through comprehensive nutrition care, Nutrium is poised for continued growth and success in the expanding health and wellness industry. Backed by a robust and passionate team, the company is dedicated to making healthy eating not only practical and personal, but also provably effective across the globe.