Elo, a San Francisco, CA-based smart nutrition company, raised $10M in Series A funding.
The round was led by Octopus Ventures, Will Ventures and Re:food.vc.
The company intends to use the funds to grow their product development and marketing teams and scale up the Smart Supplement and Protein products.
Founded in 2020 by Ari Tulla, Tapio Tolvanen, Miklu Silvanto, Elo leverages data from wearables, biomarker testing, and health questionnaires to to deliver nutrition-focused health solutions backed by science. The company’s first product is Smart Supplements, which contain vitamins, minerals, and probiotics specifically selected for biomarkers, diet, and goals based on at-home blood testing and one-on-one nutritional coaching. Their second product, Smart Protein, is a protein product tailor-made for customized biomarkers, goals, and activity data, available in chocolate, vanilla, and plain flavor.
FinSMEs
25/01/2023