What is Rae Wellness?
Founded in 2019 and headquartered in Minneapolis, Minnesota, Rae Wellness offers a holistic wellness system crafted with pure, powerful ingredients designed to help individuals feel their best from the inside out. The company positions itself as a supportive partner in personal well-being journeys. This Series A financing round, dated June 4, 2021, marks a pivotal moment for the company as it scales its operations and product offerings.
How much funding has Rae Wellness raised?
Rae Wellness has raised a total of $9.5M across 1 funding round:
Series A
$9.5M
Series A (2021): $9.5M with participation from M13, Able Partners, Victress Capital, and PowerPlant Partners
Key Investors in Rae Wellness
M13
M13 is an investment firm that has demonstrated a history of growth and strategic expansion, suggesting a focus on companies with strong market potential and scalable business models.
Victress Capital
Victress Capital is an early-stage venture capital firm specializing in investing in areas where generational fractures create significant market opportunities, particularly in health and wealth sectors.
Able Partners
Able Partners is an investor participating in the funding round, contributing to Rae Wellness's strategic growth initiatives.
What's next for Rae Wellness?
The substantial enterprise-level funding and recent strategic investment indicate Rae Wellness is poised for significant expansion. This capital infusion will likely fuel product development, market penetration, and potentially broader distribution channels. The company's focus on holistic wellness, combined with strategic backing, suggests a trajectory aimed at capturing a larger share of the burgeoning wellness market.
See full Rae Wellness company page