About Panaceutics
Panaceutics is a Healthcare company based in Danville (United States) founded in 2013 by Staton Noel. An online platform for personalized nutrition and medication is provided. 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. Its focus areas include HealthTech, Healthcare Booking Platforms, Pharmacies and Supplements. Its legal entity is Panaceutics Nutrition Inc. Its competitors include Wile, Gainful and Rebalance Health; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Danville, United States
- Founders Staton Noel
- SectorsHealthcare
- Email••••••••
- Website panaceutics.com
- Social LinkedIn X Facebook
- Legal Name Panaceutics Nutrition Inc.
- Total Equity Funding$11.88M (USD)
in 7 rounds
- Latest Funding Round$1M (USD), Series A
Aug 2022
- Investorsdsm-firmenich
& 6 more
Products & Services of Panaceutics
Panaceutics offers a comprehensive portfolio of products and services, including Personalized Smoothies and Suspension-Based Technology.
Smoothies offering advanced benefits and superior absorption without pills.
Technology for creating personalized nutritional solutions quickly.
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 $11.88M
- Total Rounds 7
- Last Round Series A — $1M
- First Round $200,000
(Dec 2013)
- Investors Count 7
All 7 funding rounds of Panaceutics with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2022 | $1M | Series A | – | – | – |
| Jul 2021 | $3.05M | Series A | – | – | – |
| Jan 2021 | $1M | Debt – Conventional | – | – | – |
| Apr 2020 | $6.59M | Series A | – | DSM | |
| May 2016 | $1M | Series A | – | Sanitarium | – |
| Jun 2015 | $250,000 | Series A | – | The Launch Place | – |
| Dec 2013 | $200,000 | Grant | – | – |
7 investors in total: 7 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage VC firm funding companies in the US | cit.org | Herndon, United States | ||
The Launch Place is engaged in supporting startups through funding and mentoring. | thelaunchplace.org | Danville, United States | ||
Tech & Life Sciences focused VC firm investing in early stage companies in the US & Europe | hatterasvp.com | Durham, United States | ||
Early stage investments are made by VTC Ventures. | vtcventures.com | United States | ||
Health, nutrition, and bioscience solutions are delivered worldwide. | 1902 | dsm.com | Heerlen, Netherlands | |
Sanitarium Health Food Company is engaged in providing health-focused food products. | sanitarium.com.au | Berkeley Vale, Australia | ||
Entrepreneurial potential in North Carolina is supported by NC IDEA. | 2006 | ncidea.org | Durham, United States |
Investor details for Panaceutics
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Panaceutics
5 people are tracked at Panaceutics (3 in leadership, 1 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
Staton Noel | Co-Founder & CIO | Leadership |
Adam Monroe | CEO | Leadership |
Rob Gardner | Director Of Manufacturing | Leadership |
Andy Gunn | Advisor | Board & advisors |
Robert Hughes | Principal Engineer / Technical Operations Manager | Team |
Complete people profiles for Panaceutics
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Timeline of Panaceutics
3 dated milestones of Panaceutics across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Panaceutics is founded.
- Funding First funding round of $200K.
- Funding Latest funding round, Series A, of $1.0M.
Competitors of Panaceutics
Panaceutics has 3 listed competitors in our database, 3 of them funded. They include Wile, Gainful and Rebalance Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wilewomen.com | 2021 | Portland, United States | $3M | Personalized supplements for women's wellness are offered via quizzes. | ||
| gainful.com | 2017 | San Francisco, United States | $8.62M | Personalized protein powders and hydration products are manufactured for subscribers. | ||
| rebalancehealth.com | 2020 | Boulder, United States | $15M | Nutritional supplements are provided based on questionnaires for wellness support. |
Detailed competitors of Panaceutics
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Top companies in Nutraceutical & Food-as-Medicine Platforms
3 companies that operate in the same segment as Panaceutics (Nutraceutical & Food-as-Medicine Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Therapies for metabolic health in chronic disease patients are provided. | 2014 | San Francisco, California, United States | USD 401.78 M | 910 | ||
Personalized gut health solutions are provided by ZOE. | 2017 | New Castle, Pennsylvania, United States | USD 15 M | |||
Machine learning-based bioinformatics solutions for health insights are provided. | 2016 | Los Alamos, New Mexico, United States | USD 301.57 M |
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Frequently Asked Questions about Panaceutics
Panaceutics was founded in 2013.
Panaceutics is headquartered in Danville, United States.
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 Grant of $200K, raised on Dec 2013.
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.
Panaceutics's top competitors include Gainful, Wile and Rebalance Health.
Panaceutics offers Personalized Smoothies and Suspension-Based Technology.
Panaceutics has 7 investors. Key investors include dsm-firmenich, Center for Innovative Technology, The Launch Place, Hatteras Venture Partners, and VTC Ventures.
Panaceutics operates through Panaceutics Nutrition Inc..