What is PurelyB?
PurelyB is a health and wellness enterprise specializing in products derived from ancient Malaysian herbal remedies. The company's core offerings are plant-based superfoods, including Pegaga, Tiger Milk Mushroom, and Chaga, designed to address concerns such as gut health, immunity, and skin wellness. PurelyB targets health-conscious consumers who are in search of natural and effective solutions. A key aspect of their business model is a subscription service that provides customers with regular deliveries and cost savings. Furthermore, the company is committed to ethical sourcing and sustainable practices, with an aim to foster job creation within marginalized communities in Asia.
How much funding has PurelyB raised?
PurelyB has raised a total of $500K across 1 funding round:
Angel/Seed
$500K
Angel/Seed (2015): $500K with participation from 500.com
Key Investors in PurelyB
500.com
500.com is a leading online sports lottery service provider in China, offering a comprehensive suite of lottery services and information. Their involvement suggests a strategic interest in PurelyB's market potential or operational scalability.
What's next for PurelyB?
The recent major strategic investment indicates a pivotal growth phase for PurelyB. This capital infusion is expected to fuel expansion initiatives, potentially enhancing product development, broadening market reach, and strengthening its supply chain for ethically sourced ingredients. The company's focus on a subscription model suggests a strategy geared towards customer retention and predictable revenue streams, positioning PurelyB for sustained development in the competitive health and wellness market.
See full PurelyB company page
