About Functional Formularies
Functional Formularies is a company based in United States founded in 2005 was acquired by Danone in May 2024.. Functional Formularies has raised $1.6 million across 2 funding rounds from investors including Danone, Aviatra Accelerators and Swander Pace Capital. Functional Formularies offers products and services including Liquid Hope, Liquid Hope Peptide, Liquid Hope Peptide High Protein, Nourish, and Nourish Peptide. Functional Formularies operates in a competitive market with competitors including HempFusion, Your Super, Momentous, Comvita and Kuli Kuli Foods, among others.
- Headquarter Ohio, United States
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Sectors
HealthcareConsumer
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Phone
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Website
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Social
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- Legal Name Nutritional Medicinals Llc
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Products & Services of Functional Formularies
Functional Formularies offers a comprehensive portfolio of products and services, including Liquid Hope, Liquid Hope Peptide, Liquid Hope Peptide High Protein, Nourish, and Nourish Peptide. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Organic whole food-based formula for adult nutrition support
Enhanced digestion formula with organic pea peptides
Protein-rich option for muscle and bone support
Whole food-based nutrition for children
Digestion-supporting formula for kids
Ketogenic meal replacement for specific dietary needs
Funding Insights of Functional Formularies
Functional Formularies has successfully raised a total of $1.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.6 million completed in July 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $1.6M
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First Round
First Round
(01 Jun 2011)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2014 | Amount | Series A - Functional Formularies | Valuation |
investors |
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| Jun, 2011 | Amount | Debt – Venture - Functional Formularies | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Functional Formularies
Functional Formularies has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Danone, Aviatra Accelerators and Swander Pace Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Health-focused dairy and plant-based food products are offered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Functional Formularies
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Functional Formularies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Functional Formularies Comparisons
Competitors of Functional Formularies
Functional Formularies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HempFusion, Your Super, Momentous, Comvita and Kuli Kuli Foods, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Health nutrition and hemp extract products are branded and distributed.
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Healthcare & nutrition brand
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| domain | founded_year | HQ Location |
Healthcare and nutrition products are produced and marketed globally.
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| domain | founded_year | HQ Location |
Honey products are branded and distributed by Comvita globally.
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| domain | founded_year | HQ Location |
Moringa-based superfood products including powders and blends are produced.
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| domain | founded_year | HQ Location |
Plant-based nutritional supplements and meal solutions are provided by Zurvita.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Functional Formularies
Frequently Asked Questions about Functional Formularies
When was Functional Formularies founded?
Functional Formularies was founded in 2005 and raised its 1st funding round 6 years after it was founded.
Where is Functional Formularies located?
Functional Formularies is headquartered in United States. It is registered at Ohio, United States.
Is Functional Formularies a funded company?
Functional Formularies is a funded company, having raised a total of $1.6M across 2 funding rounds to date. The company's 1st funding round was a Debt – Venture of $25K, raised on Jun 01, 2011.
What does Functional Formularies do?
Functional Formularies was founded in 2005 in Ohio, United States, within the health food manufacturing sector. Organic whole food formulas for feeding tubes or meal replacements are produced, featuring ingredients such as sweet potato, kale, garbanzo beans, and whole grain brown rice. Products are marketed and sold online as of April 2017, with operations focused on direct-to-consumer distribution.
Who are the top competitors of Functional Formularies?
Functional Formularies's top competitors include Momentous, Your Super and Zurvita.
What products or services does Functional Formularies offer?
Functional Formularies offers Liquid Hope, Liquid Hope Peptide, Liquid Hope Peptide High Protein, Nourish, and 2 more products and services.
Who are Functional Formularies's investors?
Functional Formularies has 3 investors. Key investors include Danone, Aviatra Accelerators, and Swander Pace Capital.
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