Proper Labs, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Proper Labs, Inc. - overview

Established

2020

Location

New York, NY, US

Primary Industry

Food

About

Proper Labs, Inc. is a New York-based company focused on creating dietary supplements that enhance sleep quality and overall wellness through scientifically formulated products. Founded in 2020 by David Berzin, Kamiu Lee, and Nancy Ramamurthi, Proper Labs, Inc. specializes in dietary supplements targeting sleep enhancement.


The company is headquartered in New York, US and has completed one funding deal, raising USD 9. 5 mn on July 24, 2020, led by Casa Verde Capital, with participation from Redesign Health. This funding has allowed the company to maintain its growth strategy without any known pivots or changes in its core business operations. Proper Labs develops dietary supplements designed to improve sleep quality, featuring natural ingredients like Venetron® (Rafuma Leaf Extract), GABA, and MicroActive® Melatonin.


Their product offerings focus on sleep and stress management, catering to health-conscious consumers and travelers in the US market. Proper Labs generates revenue through direct-to-consumer sales of its sleep supplements via an online platform. The company offers subscriptions for consistent revenue, with products priced variably based on formulation and promotional strategies that encourage customer loyalty. In July 2020, Proper Labs, Inc.


raised USD 9. 5 mn in venture funding to support upcoming product launches aimed at enhancing their supplement range. The company is exploring expansion into new markets, including international regions, though specifics on those markets and timelines have not been disclosed.


Current Investors

Casa Verde Capital, Redesign Health

Primary Industry

Food

Sub Industries

Health Foods & Nutritional Supplements, Healthcare

Website

www.getproper.com

Verticals

Manufacturing

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.