About IHerb
IHerb is a company based in Los Angeles (United States) founded in 1996.. The company has 1 employees as of April 07, 2024. IHerb has completed 1 acquisition, including Vitacost.com. IHerb operates in a competitive market with competitors including Ritual, Vitacost.com, Optimum Nutrition, JockoFuel and Qualia, among others.
- Headquarter Los Angeles, United States
- Employees 1 as on 07 Apr, 2024
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Iherb, Llc
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2022
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Net Profit
$-3.35 K (USD)70.15as on Mar 31, 2022
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EBITDA
$-3.35 K (USD)70.15as on Mar 31, 2022
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Latest Funding Round
$408.76 K (USD), Grant
Jan 02, 2016
- Investors
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Employee Count
1
as on Apr 07, 2024
- Investments & Acquisitions
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Software Development Team
85 people
Senior Team
23 people
Operations Team
16 people
Data Analysis and Operations Team
13 people
Leadership Team
13 people
Finance and Accounting
8 people
Human Resources and Administration
8 people
Legal and Compliance
7 people
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Funding Insights of IHerb
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $408,758
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First Round
First Round
(02 Jan 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2016 | Amount | Grant - IHerb | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 IHerb
IHerb has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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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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Founded Year | Domain | Location | |
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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 IHerb
IHerb has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vitacost.com. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Online retailer for health and wellness products
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1994 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - IHerb
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Iherb Comparisons
Competitors of IHerb
IHerb 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 Ritual, Vitacost.com, Optimum Nutrition, JockoFuel and Qualia, 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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| domain | founded_year | HQ Location |
Ritual is focused on providing traceable health supplements.
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| domain | founded_year | HQ Location |
Online retailer for health and wellness products
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| domain | founded_year | HQ Location |
Sports nutrition products are manufactured and marketed globally.
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| domain | founded_year | HQ Location |
Nutritional supplements for muscle building and workout performance are manufactured.
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| domain | founded_year | HQ Location |
Qualia is recognized as a leading digital real estate closing platform.
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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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| domain | founded_year | HQ Location |
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 Iherb
Frequently Asked Questions about IHerb
When was IHerb founded?
IHerb was founded in 1996 and raised its 1st funding round 20 years after it was founded.
Where is IHerb located?
IHerb is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of IHerb?
Ray Faraee is the current CEO of IHerb.
How many employees does IHerb have?
As of Apr 07, 2024, the latest employee count at IHerb is 1.
What does IHerb do?
iHerb was established in 1996 and is based in Los Angeles, United States. Operations are conducted as an e-commerce platform specializing in consumer goods across sectors like beauty care, personal hygiene, baby care, pet supplies, supplements, and herbs. Items from over 400 brands are procured from more than 120 suppliers to support global distribution.
Who are the top competitors of IHerb?
IHerb's top competitors include Qualia, Ritual and Optimum Nutrition.
How many acquisitions has IHerb made?
IHerb has made 1 acquisition, including Vitacost.com.
Who are IHerb's investors?
IHerb has 1 investor. Key investors include European Union.
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