[Funding alert] London-based Unfabled Secures $1.6Million in Seed Funding
Feb 20, 2024 | By Team SR
London-based Unfabled secures $1.6million in seed funding. Morgan Stanley, Exceptional Ventures, Atomico Angels, Founders Factory, Chai Ventures, Syndicate Room, and 3 Sisters Ventures were among the investors in the round, which increased the total funding to $2M.
Angel investors from the technology and healthcare sectors also joined. Among them were Fiona Pathiraja, Elaine Groenestein (the first angel at Elvie), Shefali Roy (Apple, TrueLayer), and Maya Ghosn (a scout for Sequoia).
Read also - Edinburgh-based PhaSER Biomedical Secures $2.3Million in Funding
The money will be used by the business to build its internal data science department, which is a vital component of its B2B offering, as well as to expand the platform.
RECOMMENDED FOR YOU
Hannah Samano (formerly of Unilever and Kasha) founded Unfabled in 2021. It is a data-driven wellness platform that offers tailored and curated solutions for women. It asks consumers a number of questions about their health and hormonal priorities, and then presents them with a carefully chosen range of items to meet their needs.
Read also - Berlin-based Monite Secures $6Million in Seed Funding
Hannah Samano said: “Despite 90% of the UK’s 33.8 million female population experiencing monthly hormonal symptoms, women’s health has for too long been fragmented and underserved. Unfabled has already empowered thousands of women to find effective treatments for common, yet hugely disruptive, hormonal and reproductive conditions like PMS, Polycystic Ovary Syndrome (PCOS), endometriosis and menopause.”
About Unfabled
Unfabled is a consumer health website that offers tailored and curated solutions to improve women's health. Their goal is to reduce the disparity in gender-related health. Unfabled started to change. After hearing the tales of people in their community, they realised more needed to be done.
They started providing treatments for more symptoms in more areas, such as menopause, post-partum, fertility, sexual health, and customised care for illnesses like PCOS and endometriosis.
Read also - Bilbao-based WIVI Vision Secures €4 Million in Funding
Recommended Stories for You
Cataneo acquisition news – Munich-based Cataneo is Acquired by Brand Engagement Network (BEN)
Kailee Rainse Oct 31, 2024