ShopWell Labs
Latest round
- Series C
Last raised
- Jul 2011
Total raised
- $2.8M
Investors
- 3
About ShopWell Labs
ShopWell Labs, Inc.Founded in 2005 and headquartered in Redwood City, US, ShopWell Labs, Inc. focuses on providing innovative food technology solutions. The company was acquired by Innit in February 2017, although specific financial terms of the deal were not disclosed. The founder, Sarah Hunter, has a background in health technology, contributing to the company's vision of personalized nutrition.ShopWell Labs offers a Food Intelligence Platform that utilizes advanced computational models for personalized nutrition guidance and meal planning. The platform features product scoring for over 2 million food items, enabling tailored recommendations based on users' health goals. The services cater to both end-users, including consumers and healthcare professionals, while also partnering with major companies like Google and Walmart to enhance their health offerings.ShopWell Labs generates revenue through strategic business-to-business partnerships and subscription services aimed at both consumers and businesses. The platform's B2B agreements with large retailers and healthcare organizations leverage its technology for improved nutrition solutions.In line with its growth strategy, ShopWell Labs plans to expand its Food Intelligence Platform with new products aimed at enhancing user experience and adoption in various markets. The company is targeting expanded operations in North American and European regions by the end of 2024.40 mn will support these initiatives, particularly in enhancing technological capabilities and scaling operations to meet growing demand. The acquisition by Innit in February 2017 is expected to further facilitate these growth plans.
Who invested in ShopWell Labs
3 investors across 1 round
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Funding rounds
Series C
Jul 28, 2011
Amount
$2.8M
Investors
Questions about ShopWell Labs
Who invested in ShopWell Labs?
ShopWell Labs has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has ShopWell Labs raised?
ShopWell Labs has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did ShopWell Labs last raise money?
ShopWell Labs's most recent round on record is a Series C, in Jul 2011.
What does ShopWell Labs do?
ShopWell Labs is a internet company.
Where is ShopWell Labs headquartered?
ShopWell Labs is headquartered in Redwood City, US.
Which VCs invest in companies like ShopWell Labs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at ShopWell Labs's stage. Their profiles are linked below.
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