Total amount raised
$17 Million
Latest funding date
03/01/2021
Location
OZiva has successfully raised funding over two rounds, with the latest being a Series B round. The company is backed by four investors, including F-Prime and Eight Roads Ventures India.
Keep reading to explore the intricacies of OZiva's fundraising journey and the investors backing this innovative platform.
What Is OZiva?
OZiva, based in Mumbai, Maharashtra, India, is a plant-based clean nutrition brand. The company offers a range of products for fitness, hair, skin, men's health, women's health, and general wellness. It operates in the dietary supplements, fitness, health care, nutrition, and wellness industries.
With an employee count between 101-250, OZiva has made significant strides in the market. The company has been acquired by Hindustan Unilever and has raised funding over two rounds, with the latest being a Series B round.
How Much Funding Has OZiva Raised?
- Series A
- Amount Raised: USD 5,000,000
- Date: June 2020
- Lead Investors: Matrix Partners India, Titan Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations, enhance product offerings, and expand market reach.
- Series B
- Amount Raised: USD 12,000,000
- Date: March 2021
- Lead Investors: Eight Roads Ventures, F-Prime Capital, Matrix Partners India
- Valuation at Round: USD 80,000,000
- Motivation Behind the Round: To build out the team, enter new product categories, and scale the technology platform to provide more value-added services.
OZiva has raised a total of USD 17,000,000 in funding. The current valuation is USD 80,000,000.
Key Investors
- Eight Roads Ventures
- Details: Eight Roads Ventures is a global venture capital firm that invests in high-growth companies. They have a strong presence in technology, healthcare, and consumer sectors.
- Investment Focus Areas: Technology, healthcare, consumer products
- Notable Investments: Alibaba, App Annie, Neo4j
- F-Prime Capital
- Details: F-Prime Capital is a venture capital firm that focuses on healthcare and technology investments. They aim to support companies that are transforming these industries.
- Investment Focus Areas: Biotechnology, medical technology, healthcare IT
- Notable Investments: Denali Therapeutics, Ultragenyx, Orchard Therapeutics
- Matrix Partners India
- Details: Matrix Partners India is an early-stage investment firm that focuses on high-growth sectors in India. They have a strong track record in consumer technology and financial services.
- Investment Focus Areas: Consumer technology, B2B, financial services
- Notable Investments: Ola, Practo, Dailyhunt
- Z47
- Details: Z47 is one of the investors in OZiva. Specific details about the firm are not provided in the available sources.
- Investment Focus Areas: Not available
- Notable Investments: Not available
What's Next for OZiva?
OZiva stands at the cusp of significant growth opportunities. With plans to expand into new product categories and enhance its technology platform, the company aims to empower over 100 million lives. The growing demand for plant-based nutrition and personalized health solutions presents a vast market potential, with the preventive healthcare category alone expected to reach $170 billion by 2024.
As OZiva scales its operations, future fundraising rounds seem likely to support these ambitious goals. The company’s focus on innovation and quality positions it well to attract further investment. However, challenges such as intense competition and maintaining product quality while expanding could pose hurdles. Navigating these challenges will be crucial for OZiva's sustained success.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like OZiva and gather other critical business insights. Sign up for free to start transforming your sales strategy today.
