# Gem Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/gem-health

- Industry: Food
- Headquarters: Venice, US
- Website: www.dailygem.co
- Total disclosed funding: $10M
- Latest round: Seed (Apr 13, 2021)
- Investors on record: 4

## About

Based in California, US, and founded by Sara Cullen (CEO) in 2018, Gem Health, Inc. operates as a health food and nutritional supplement company. In April 2021, the firm raised USD 10.49 million in seed funding led by investor CircleUp, with participation from other investors Collaborative Fund, Pentland Ventures, and S2G Ventures.

The company manufactures and offers plant-based, vegan, gluten-free, soy-free, and whole-food bites having more than 15 nutrients including vitamins, minerals, superfoods, and probiotics to improve whole body health. Gem offers daily essentials in lemon raspberry, peppermint, cacao, and citrus ginger flavors made with ingredients including beta Glucan, Zinc, Chickpeas, Chia seeds, Turmeric, Vitamin D3, etc. The other products offered by the company are sleep essentials and calm essentials with ingredients like algae strains spirulina, chlorella, magnesium, rosemary, pumpkin seeds, valerian root, etc.

The company generates its revenue by selling its products through its e-commerce website, for example, Daily Essentials at USD 55 and Calm Essentials at USD 60, for 4 weekly packs taken 1 bite daily that is a total of 28 bites.

The company plans to utilize its April 2021 funding to expand its team, access the retail market, and develop new products.

## Funding rounds

- Seed, Apr 13, 2021, $10M — Collaborative Fund, CircleUp, S2G Ventures, Pentland Ventures

## Investors

- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- CircleUp (https://capitalatlas.ai/funds/circleup) — Seed
- S2G Ventures (https://capitalatlas.ai/funds/s2g-ventures) — Seed
- Pentland Ventures (https://capitalatlas.ai/funds/pentland-ventures) — Seed
