Nutrium, the digital health startup set out to re-write the future of clinical nutrition by facilitating professional nutritional monitoring, raised US$ 5M (€4.25M) in its seed funding round.
The funding round was led by Indico Capital Partners. Nutrium also welcomed the Social Innovation Fund (SIF) as a new investor, in addition to further participation from all existing investors. Its existing investors include Primavera – BSS, Portugal Ventures and SBS StartupBraga.
Nutrium plans to double the team size in the next 1 year in order to focus on the development of its platform and expand its global sales. The expansion plan will focus on reinforcing the presence in markets like Spain, France, Italy, USA and the UK where the company already has a strong customer base.
About Nutrium
Founded in 2015 by André Santos, Diogo Alves, Pedro Carneiro and Pedro Maia, Nutrium offers one of the most complete and fastest-growing professional nutrition software available worldwide, currently supporting more than 80,000 nutrition professionals and 800,000 patients in more than 40 countries. Nutrium was created to bridge the gap between conventional nutritional counseling and what real-world nutrition professionals need.
Nutrium is on the mission to tackle one of today’s major social problems, such as poor diet and related diseases. The Nutrium platform provides patients with the most integrated and effective nutrition counselling services combining professional advice, continuous monitoring and seamless access to commercial products. From organizing and managing clients to supporting all the nutrition-related aspects such as nutritional assessment, meal planning, and recipe development, nutrium provides a one-stop solution for everything.
The Nutrium Payment System helps nutrition professionals to offer their clients a much easier, safe, and convenient way to pay for nutrition services by integrating with the Stripe – Payment Management Platform. This feature is integrated within their software and allows clients to receive by email all the information they need to successfully pay their nutrition professional for nutrition services such as consultations, programs, or packages.
“We are very pleased to welcome Indico Capital Partners as our investors. Their experience, network and ambition will certainly be key for Nutrium to reinforce its position in the global clinical nutrition market. Also, it is with great pride that we see our current shareholders significantly reinforce their confidence in our team and we are very happy that the Social Innovation Fund has joined this round. We are moving closer to our vision of enabling the improvement of eating habits for millions of people globally,” said André Santos, CEO and Co-founder of Nutrium.
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