Urban Remedy, Inc.

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Urban Remedy, Inc. - overview

Established

2009

Location

Richmond, CA, US

Primary Industry

Consumer Products

About

Urban Remedy, Inc. specializes in providing organic, ready-to-eat meals and health-oriented beverages aimed at promoting wellness and nutrition through high-quality ingredients. Founded in 2009 in Richmond, US, Urban Remedy, Inc. focuses on health-conscious ready-to-eat meals and beverages.


The company was founded by Neka Pasquale, who has a background in creating nutritious food products. Urban Remedy recently raised USD 18. 00 mn in their Series D funding round, led by Manna Tree Partners, bringing the total amount raised to USD 18. 00 mn with a current valuation of USD 69.


624 mn. Urban Remedy primarily offers a range of organic, ready-to-eat meals, beverages, and snacks designed to promote health and wellness. Their core product offerings include meal replacement shakes, quinoa bowls, high-protein salads, and cold-pressed juices, which are meticulously crafted without dairy, gluten, refined sugars, or unhealthy oils. Each product is developed with a focus on nutritional integrity, leveraging ingredients known for their health benefits, such as organic grass-fed collagen and turmeric.


Urban Remedy aims to cater to health-conscious consumers, including those following low-carb, keto, or immune-boosting diets. Their products are widely available across over 1,000 locations on both coasts of the United States, specifically in retailers like Whole Foods Market and through direct online platforms such as Amazon and Instacart. Urban Remedy generates revenue primarily through direct-to-consumer sales and partnerships with major retail outlets. The company’s transactions typically involve consumers purchasing products from storefronts or kiosks located in grocery stores, as well as through online channels.


The product pricing structure reflects the premium quality of the ingredients used, with flagship offerings such as their chocolate protein collagen meal shake and macro bowls available for individual purchase. Revenue streams are supported by the brand’s commitment to creating accessible, nutritious food options that resonate with a health-oriented customer base. Urban Remedy's focus on innovative health-focused products positions it favorably within a growing market of organic and functional food items. Urban Remedy is focused on expanding its product line with upcoming launches in plant-based snacks and functional beverages, expected to debut by the end of Q2 2024.


The company plans to enter new geographic markets, targeting southern and midwestern U. S. regions by 2025. Recent funding of USD 18.


00 mn will be utilized to support product development and market expansion strategies.


Current Investors

Mindful Investors, 301 Inc, Obvious

Primary Industry

Consumer Products

Sub Industries

Non-Alcoholic Beverages, Snack Foods

Website

www.urbanremedy.com

Verticals

E-commerce

Total Amount Raised

Subscriber access only

Urban Remedy, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedUrban Remedy, Inc.-

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