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Thursday, October 17, 2019

Beekeeper’s Naturals Raises $3.5M in Series A Funding

Beekeeper’s Naturals, a Canadian natural superfood maker, raised $3.5 m in Series A funding.

The round was led by Sonoma Brands.

The company intends to use the funds to further its R&D to develop natural alternatives for the medicine cabinet and expand its retail distribution.

Founded by Carly Stein (28), Beekeeper’s Naturals provides a product line consisting of plant-based adaptogens and health booster complexes that incorporate superfoods straight from the hive, targeting immune support, brain health, increased energy and sleep issues.

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Sponsor 

myCareBase™ is a platform for seniors and their families to find, evaluate, hire and manage home support services, to improve the seniors’ ability to remain living safely in their current home for as long as possible. The caregiver marketplace currently offers candidates in Greater Toronto and Greater Vancouver.

To compliment this platform the company also offers an innovative care management app that centralizes communication and task management among family members and the caregiver, along with a Care Concierge service to help family members with administrative, navigational or organizational tasks.
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The company is based in Toronto, ON.

Commenting on the funding , Stein said: We’re excited to partner with Sonoma Brands for the next phase of our growth. They have an exceptional track record of success in the consumer product space.As we revamp the medicine cabinet and lead a new category, we are confident that they are the right partners to support us in bringing Beekeeper’s Naturals and the extraordinary health benefits of the beehive to the masses.

Source. FinSMEs, October, 16, 2019


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