About Panaceutics
Panaceutics is a company based in Danville (United States) founded in 2013 by Staton Noel.. Panaceutics has raised $11.88 million across 7 funding rounds from investors including dsm-firmenich, Center for Innovative Technology and The Launch Place. Panaceutics offers products and services including Personalized Smoothies and Suspension-Based Technology. Panaceutics operates in a competitive market with competitors including bioniq, Wile, Gainful, Rebalance Health and BIOHM, among others.
- Headquarter Danville, United States
- Founders Staton Noel
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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 Panaceutics Nutrition Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$11.88 M (USD)
in 7 rounds
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Latest Funding Round
$1 M (USD), Series A
Aug 19, 2022
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Investors
dsm-firmenich
& 6 more
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Employee Count
Employee Count
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Products & Services of Panaceutics
Panaceutics offers a comprehensive portfolio of products and services, including Personalized Smoothies and Suspension-Based Technology. 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.
Smoothies offering advanced benefits and superior absorption without pills.
Technology for creating personalized nutritional solutions quickly.
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Funding Insights of Panaceutics
Panaceutics has successfully raised a total of $11.88M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $1 million completed in August 2022. 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 7
- Last Round Series A — $1.0M
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First Round
First Round
(10 Dec 2013)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - Panaceutics | Valuation |
investors |
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| Jul, 2021 | Amount | Series A - Panaceutics | Valuation |
investors |
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| Jan, 2021 | Amount | Debt – Conventional - Panaceutics | Valuation |
investors |
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| 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 Panaceutics
Panaceutics has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include dsm-firmenich, Center for Innovative Technology and The Launch Place. 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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Early-stage VC firm funding companies in the US
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Founded Year | Domain | Location | |
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The Launch Place is engaged in supporting startups through funding and mentoring.
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Founded Year | Domain | Location | |
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Tech & Life Sciences focused VC firm investing in early stage companies in the US & Europe
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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 Panaceutics
| 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 - Panaceutics
| 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 |
Panaceutics Comparisons
Competitors of Panaceutics
Panaceutics 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 bioniq, Wile, Gainful, Rebalance Health and BIOHM, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered hyper-personalized supplements are delivered using user health data.
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| domain | founded_year | HQ Location |
Personalized supplements for women's wellness are offered via quizzes.
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| domain | founded_year | HQ Location |
Personalized protein powders and hydration products are manufactured for subscribers.
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| domain | founded_year | HQ Location |
Nutritional supplements are provided based on questionnaires for wellness support.
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| domain | founded_year | HQ Location |
Provider of personalised nutraceutical supplements
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Panaceutics
Frequently Asked Questions about Panaceutics
When was Panaceutics founded?
Panaceutics was founded in 2013.
Where is Panaceutics located?
Panaceutics is headquartered in Danville, United States.
Is Panaceutics a funded company?
Panaceutics is a funded company, having raised a total of $11.88M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $1M, raised on Dec 10, 2013.
What does Panaceutics do?
Panaceutics was founded in 2013 and is headquartered in Danville, United States. Operations focus on health technology, where an online platform integrates cloud-based software with robotic formulation and delivery systems. Personalized drug combinations or nutritional supplements are created in line with cGMP guidelines, adjusted for factors such as genetics, gender, life stage, immunity, gut health, activity levels, eating habits, and lifestyle choices.
Who are the top competitors of Panaceutics?
What products or services does Panaceutics offer?
Panaceutics offers Personalized Smoothies and Suspension-Based Technology.
Who are Panaceutics's investors?
Panaceutics has 7 investors. Key investors include dsm-firmenich, Center for Innovative Technology, The Launch Place, Hatteras Venture Partners, and VTC Ventures.
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