# Ash Wellness

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ash-wellness

- Industry: Medical Devices & Equipment
- Headquarters: New York, US
- Website: www.poweredbyash.com
- Total disclosed funding: $13M
- Latest round: Series A (Oct 16, 2024)
- Investors on record: 5

## About

Based in New York, US, and founded in 2019 by CEO David Stein and co-founders Kyle Waters and Mio Akasako. Ash Wellness, Inc. operates as a business-to-business at-home diagnostics care company. In October 2024, Ash Wellness, Inc. raised USD 10 million in series A funding led by new investor Merck Global Health Innovation Fund, with participation from other unspecified investors. As of 2024, the company has 15 employees and has shipped over 12,000 testing kits to people across 47 states.

Ash Wellness, Inc. offers a home testing kit that arrives with written and video instructions, operational logistics, and HIPAA-compliant lab coordination. It provides 60 different types of diagnostics. The company's client base includes public health institutions, universities, traditional hospital systems, and medical companies.

## Funding rounds

- Series A, Oct 16, 2024, $10M — Merck Global Health Innovation Fund
- Seed, May 31, 2021, $3.4M — Merus Capital, 500 Global, Altair Investments
- Seed, May 15, 2020 — 500 Global, Cornell Tech

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Cornell Tech — Seed
- Merus Capital — Seed
- Altair Investments (https://capitalatlas.ai/funds/altair-investments) — Seed
- Merck Global Health Innovation Fund (https://capitalatlas.ai/funds/merck-global-health-innovation-fund) — Series A