Functional Formularies

Ohio, United States Founded: 2005 • Age: 21 yrs Acquired By Danone
Organic whole food feeding-tube meals are manufactured and marketed.
Annual revenue - Latest available
Total funding $1.6M 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 6 Services tracked
Competitors 9 Brand Intelligence

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
  • Sectors
    Healthcare
    Consumer
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Nutritional Medicinals Llc
Operational Areas
Healthcare → Nutrition, Wellness & Lifestyle Health Unlock Sub-Sector Unlock Segment
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1.6 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.6 M (USD), Series A

    Jul 31, 2014

  • Investors
    Danone

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Danone

    & 1 more

    (May 01, 2024)

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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.

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Category locked
Primary

Organic whole food-based formula for adult nutrition support

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Enhanced digestion formula with organic pea peptides

Product name locked
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Protein-rich option for muscle and bone support

Product name locked
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Whole food-based nutrition for children

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Digestion-supporting formula for kids

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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.

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.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Health-focused dairy and plant-based food products are offered.
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Investor details for Functional Formularies

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  • Investor domains
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Investments & Acquisitions by Functional Formularies

Investments
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Investment portfolio details for Functional Formularies

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Financial Statements - Functional Formularies

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Detailed financials for Functional Formularies

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Functional Formularies Comparisons

Functional Formularies Primary company
Description
Organic whole food feeding-tube meals are manufactured and m...
Location
United States
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Functional Formularies

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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.

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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Healthcare and nutrition products are produced and marketed globally.
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Honey products are branded and distributed by Comvita globally.
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Moringa-based superfood products including powders and blends are produced.
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Plant-based nutritional supplements and meal solutions are provided by Zurvita.
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Detailed competitors of Functional Formularies

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Latest news on Functional Formularies

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Complete news archive for Functional Formularies

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Frequently Asked Questions about Functional Formularies

Functional Formularies was founded in 2005 and raised its 1st funding round 6 years after it was founded.

Functional Formularies is headquartered in United States. It is registered at Ohio, United States.

Functional Formularies is a funded company, having raised a total of $1.6M across 2 funding rounds to date.

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.

Functional Formularies's top competitors include Momentous, Your Super and Zurvita.

Functional Formularies offers Liquid Hope, Liquid Hope Peptide, Liquid Hope Peptide High Protein, Nourish, and 2 more products and services.

Functional Formularies has 3 investors. Key investors include Danone, Aviatra Accelerators, and Swander Pace Capital.

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