# Core Wellness

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

- Industry: Medical Devices & Equipment
- Headquarters: San Francisco, US
- Website: www.hellocore.com
- Total disclosed funding: $5.7M
- Latest round: Seed (May 8, 2019)
- Investors on record: 4

## About

Based in the US, Core Wellness, Inc. is a prominent provider of innovative wellness solutions aimed at enhancing operational efficiency and improving user experience across various sectors.Core Wellness, Inc. was founded in 2015 and operates from San Francisco, US. The company specializes in wellness solutions designed to improve mental health and well-being. It has raised a total of USD 5.65 mn through SEED funding led by Spero Ventures, with participation from Alpaca VC, Bolt Ventures, and Stanford-StartX Fund. In July 2021, it was acquired by Hyperice, Inc., aiming to bolster Hyperice’s mental wellness services. Founder Brian Bolze brings prior entrepreneurial experience to the company.Core Wellness, Inc. offers a diverse range of products and services that address specific needs in its target markets, including solutions that enhance operational efficiency and improve user experience. The company's offerings are tailored for both individual end-users and businesses, covering applications from consumer retail to enterprise-level implementations. Core Wellness primarily serves clients in North America and Europe, focusing on industries such as technology, healthcare, and retail. Each product is strategically developed to solve real-world challenges, providing effective tools that drive productivity and performance.The company's revenue model combines direct-to-consumer sales with B2B partnerships. Customers typically purchase products through a subscription-based framework, facilitating recurring revenue and fostering long-term relationships. The pricing strategy accommodates various client needs with tiered subscription plans, ensuring clients receive value proportional to their investment. Revenue is further supported by strategic partnerships with wholesalers and retailers, enhancing market reach and sales performance.Following its acquisition in July 2021, Core Wellness, Inc. aims to expand its product offerings and market reach. The integration with Hyperice, Inc. is expected to enhance its mental wellness services, although specific new products and release dates have yet to be disclosed. The company is also looking to expand into new geographic regions, targeting further penetration in North America and Europe. The recent funding will be utilized to support these growth initiatives and enhance product development, aligning with Hyperice’s broader wellness strategy.

## Funding rounds

- Seed, May 8, 2019, $5.7M — Bolt Ventures, Alpaca, Stanford-StartX Fund, Spero Ventures

## Investors

- Bolt Ventures — Seed
- Alpaca (https://capitalatlas.ai/funds/alpaca) — Seed
- Stanford-StartX Fund — Seed
- Spero Ventures (https://capitalatlas.ai/funds/spero-ventures) — Seed