PRESS RELEASE: US & INDIA BASED PERSONALIZED SUPPLEMENTS COMPANY RAISES $2M IN SEED ROUND
1Balance is proud to announce that it has raised $2 million in Seed funding. Our investors include Accel Partners, Larry Braitman and a group of prominent Angel investors. These funds will help us have production facilities, a product team and a distribution network in place, enabling us to create the highest quality products and bring them to you.
1Balance is a US and India focused Personalized Natural Supplements company that offers personalized healthy-living products on a subscription basis. Its proprietary-technology driven personalization platform builds, and ships to you, a completely herbal & personalized supplement, based on your metabolic profile, arrived at, from a series of questions that you answer online. On the platform, you can also get other personalized products (like Tea) which are made with herbal ingredients good - specifically for your metabolism.
Accel Partners, one of the most prolific venture funds, both globally and in India, has been one of the leading investors in this round and has been an excellent partner on this journey to achieve our personalized, holistic healthcare goal. Here’s what Subrata Mitra, Founder and Managing Partner at Accel Partners, had to say for our press release: "1Balance has a unique approach and positioning in the healthy-living segment: It is unifying latest technology and traditional herbal sciences (like Ayurveda) to deliver a set of robust health & wellness products. With personalization at its core, 1Balance is positioned well to emerge as a leader in personalized healthy-lifestyle space."
'We are all unique. Then, why should supplements or lifestyle advice for us be the same?' This was the question that became the genesis of 1Balance, which blends the latest research around herbology with the philosophy & science of Ayurveda at the heart of its platform.
"We are seeing a significant trend in the way people are looking at their own health now. The emphasis, has gone back to healthy living as opposed to a healthcare or disease-management mindset. And I see that 1Balance has this philosophy at its core. This is a company that breathes this DNA and to me that is going to be the key, as this space heats up further." says Larry Braitman, one of the key investors who also plays an active role in 1Balance at a strategic level.
At 1Balance, we strongly believe that nature has most of the answers when it comes to living healthy and in perfect harmony. And our Vision strongly reflects this core belief. This successful financing round doesn't just provide us with the necessary capital, but gives us stellar partners, who can help us lay the solid foundation, that this grand Vision needs.
Dikshant Dave (CEO) - [email protected] / +91 9945433100 / +1 415 630 3094