Apothekary closes multi-million dollar funding round

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Apothekary, an herbal farm based in Falls Church, Va. that offers clean, natural alternatives to traditional over-the-counter drugs and supplements, has closed a multi-million dollar funding round.

The company intends to use the funds to further accelerate growth, expand retail with partners in the UK and Canada, grow its team, execute its product innovation pipeline and double down. its brand and customer experience.

Funders included Bryan Goldberg (founder of Bustle Digital Group), John Montalbano (former CEO of RBC Global Asset Management), Eric Patel (current and former chairman of the board of brands such as SmartSweets, Daiya, Cymax and plus), Alex Elle, a bestselling author, certified breathing coach, creator of “hey, girl”. podcast, and
Kiran Bhatraju, CEO of Arcadia.

Founded in 2020 by Shizu Okusa, CEO and Chief Wellness Advisor, Apothekary offers a personalized and holistic approach to medicine and wellness, intended for everyday use for consumers in over 23 countries across the world. Rooted in oriental medicine and over 5,000 years of science and tradition, the company offers both an ancient medicinal practice with its consultation program and products to meet the needs of its clients for natural sleep, stress. , skin care and more. The brand’s product portfolio is made up of ingredients from Mother Nature’s pantry, powered by the belief that food is medicine.

FinSME

11/19/2021


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