# Joymode

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/joymode

- Industry: Business Support Services
- Headquarters: Los Angeles, US
- Website: www.joymode.com
- Total disclosed funding: $17M
- Latest round: Series A (Dec 3, 2019)
- Investors on record: 9

## About

Joymode, Inc. is a U.S.-based company specializing in subscription-based wellness and lifestyle enhancement products, catering to the evolving needs of modern consumers seeking convenient access to health solutions.Founded in 2015, Joymode, Inc. operates in Los Angeles, California, offering innovative wellness solutions through a subscription model. The company has secured funding in four deals, with its most recent being a Series A round in December 2019, during which it raised USD 14.40 mn led by Naspers. Co-founders Shane Webster and Waynn Lue have prior entrepreneurial experience that supports the company's strategic direction.Joymode.com specializes in providing innovative solutions related to personal wellness and lifestyle enhancement products. Their offerings center on a curated selection of subscription-based services delivering high-quality wellness products directly to customers throughout the United States, especially in urban markets. The range includes health supplements, fitness products, and personal care essentials designed to help consumers maintain a balanced lifestyle and access quality wellness resources conveniently.Joymode generates revenue through a subscription model that enables customers to receive tailored selections of wellness products. This structure fosters long-term client relationships, offering flexibility in managing their wellness needs. Customers choose from various subscription tiers, featuring flagship products aimed at enhancing health, fitness, and nutrition, with a pricing structure reflecting the curated nature of the service to ensure value.Plans for future growth include the introduction of new wellness products designed to align with consumer trends, although specific release dates have not been disclosed. Joymode is also targeting expansion into new urban markets across the United States to broaden its customer base. The funding raised in December 2019 will be utilized to facilitate these initiatives, supporting product development and market penetration efforts.

## Funding rounds

- Series A, Dec 3, 2019 — Argonautic Ventures
- Series A, Jan 31, 2018, $14M — Lowercase Capital, Homebrew, Naspers
- Series A, Oct 31, 2017 — Argonautic Ventures
- Seed, Oct 21, 2016, $3M — Lowercase Capital, Founder Collective, Collaborative Fund, Slow, Homebrew, TenOneTen Ventures, ACME Capital, Argonautic Ventures

## Investors

- Lowercase Capital (https://capitalatlas.ai/funds/lowercase-capital) — Seed, Series A
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Slow (https://capitalatlas.ai/funds/slow) — Seed
- Homebrew (https://capitalatlas.ai/funds/homebrew) — Seed, Series A
- TenOneTen Ventures (https://capitalatlas.ai/funds/tenoneten-ventures) — Seed
- ACME Capital (https://capitalatlas.ai/funds/acme-capital) — Seed
- Argonautic Ventures (https://capitalatlas.ai/funds/argonautic-ventures) — Seed, Series A
- Naspers — Series A