HomeFinTechRae Wellness: Raises $9.5M in Series A Funding

Rae Wellness: Raises $9.5M in Series A Funding

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Rae Wellness Raises $9.5M in Series A Funding

  • Rae Wellness, a Minneapolis MN-based company which specializes in women’s wellness, raised $9.5M in Series A funding
  • The round was led by PowerPlant Partners, which was joined by existing investors M13 and Able Partners and initial investor Victress Capital
  • The company intends to use the funds to expands operations, business reach and its product line
  • The platform is socially-conscious, women-led wellness brand
  • The company provides supplements with evidence-based formulas that are always vegan, non-GMO, and free from gluten, artificial preservatives, harmful fillers and colorants
  • The company’s products can be found at Target, Amazon, Thrive Market, Anthropologie, Standard Dose and other fine retailers
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