How Much Did Needed Raise?
Funding & Key Investors

Needed, a Los Angeles-based innovator in the prenatal nutrition and supplement sector, has successfully secured a major strategic investment to bolster its market position. This latest capital injection brings the company's total funding to $19.8M, reflecting a significant milestone in its corporate lifecycle. The most recent financing round, totaling $14M, underscores the growing investor confidence in the company's mission to redefine standards within the maternal health and wellness industry.

Since its inception in 2017, Needed has demonstrated a consistent growth trajectory, moving from early-stage seed backing to substantial enterprise-level support. This latest infusion of capital is expected to accelerate the company's operational capabilities and expand its reach within the competitive consumer packaged goods landscape.

What is Needed?

Needed
ManufacturingHealth & Nutrition ProductsRetail

Needed operates at the intersection of clinical nutrition and consumer wellness, specifically targeting the prenatal and postnatal markets. By prioritizing evidence-based formulations and high-quality ingredients, the company has carved out a distinct niche as a premium provider of maternal health supplements. Unlike traditional market offerings, Needed emphasizes transparency and scientific rigor, positioning itself as a trusted partner for individuals navigating the complexities of pregnancy and postpartum recovery.

The company's market position is reinforced by its commitment to addressing the specific nutritional gaps often overlooked by mass-market brands. By integrating direct-to-consumer distribution with a focus on educational content, Needed has successfully built a loyal customer base, effectively bridging the gap between medical-grade nutrition and accessible consumer products.

How much funding has Needed raised?

Needed has raised a total of $19.8M across 2 funding rounds:

2021

Angel/Seed

$5.8M

2023

Other Financing Round

$14M

Angel/Seed (2021): $5.8M with participation from Crescent Ridge Partners, Peterson Partners, Sekhmet Ventures, and Seae Ventures

Other Financing Round (2023): $14M led by The Craftory and Seae Ventures

Key Investors in Needed

The Craftory

A consumer venture capital fund based in London and San Francisco that focuses on investing in mission-driven consumer brands with a positive social impact.

Seae Ventures

A venture firm dedicated to partnering with disruptive early-stage companies that aim to improve healthcare access and outcomes for underserved populations.

Sekhmet Ventures

An investment firm specializing in ultra-pure beauty and wellness products, providing both capital and operational expertise in manufacturing and regulatory compliance.

What's next for Needed?

With the successful closure of this major strategic investment, Needed is well-positioned to scale its infrastructure and deepen its impact in the wellness sector. The company is expected to leverage these resources to enhance its product development pipeline, potentially exploring new categories within the broader maternal and family health ecosystem. Furthermore, the involvement of specialized venture partners suggests a focus on operational excellence, regulatory compliance, and brand expansion.

As the company transitions into this next phase of growth, the focus will likely shift toward optimizing supply chain resilience and expanding its digital footprint. By maintaining its commitment to scientific integrity while scaling its operations, Needed is poised to set a new benchmark for quality in the prenatal nutrition market, ensuring that its growth remains aligned with its core mission of improving health outcomes for mothers and families.

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Frequently Asked Questions Regarding Needed Financial Insights

What are the most recent funding rounds that Needed has completed, and what were the funding rounds?
Needed has recently completed 2 funding rounds: Other Financing Round on Nov 7, 2023, Angel/Seed on Oct 27, 2021.
What is the total amount of funding Needed has raised to date?
Needed has raised a total of $19.8M in funding to date.
How many funding rounds has Needed completed?
Needed has completed 2 funding rounds.
How much funding did Needed raise in its most recent funding round?
Needed raised $14M in its most recent funding round.
Who are the lead investors in Needed's latest funding round?
The lead investor in Needed's latest funding round was The Craftory. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Needed's history?
The largest funding round in Needed's history was $14M.
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