About Second Nature
Second Nature is a company based in London (United Kingdom) founded in 2015 by Michael Gibbs, Chris Edson, and Chris Gibbs. It operates as a Subscription Services, and HealthTech. Second Nature has raised $14.27 million across 4 funding rounds from investors including Seedcamp, Speedinvest and Bethnal Green Ventures. The company has 91 employees as of January 31, 2022. Second Nature offers products and services including Weight-loss Programme, Mounjaro Weight-loss Programme, and Wegovy Weight-loss Programme. Second Nature operates in a competitive market with competitors including Noom, Lose It!, Trifecta Nutrition, Calibrate and Profile Plan, among others.
- Headquarter London, United Kingdom
- Employees 91 as on 31 Jan, 2022
- Founders Michael Gibbs, Chris Edson, Chris Gibbs
- Stage Minicorn
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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
*********
- Legal Name Second Nature Healthy Habits Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.27 M (USD)
in 4 rounds
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Latest Funding Round
$10.6 M (USD), Series A
Jan 21, 2020
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Investors
Seedcamp
& 7 more
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Employee Count
91
as on Jan 31, 2022
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Products & Services of Second Nature
Second Nature offers a comprehensive portfolio of products and services, including Weight-loss Programme, Mounjaro Weight-loss Programme, and Wegovy Weight-loss Programme. 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.
A programme designed for sustainable weight loss support.
Medication-supported programme tailored for effective weight loss.
Specialized medication plan for achieving weight loss goals.
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Funding Insights of Second Nature
Second Nature has successfully raised a total of $14.27M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $10.6 million completed in January 2020. 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 4
- Last Round Series A — $10.6M
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First Round
First Round
(03 Apr 2017)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2020 | Amount | Series A - Second Nature | Valuation | Beringea | |
| Aug, 2018 | Amount | Seed - Second Nature | Valuation | Connect Ventures | |
| Apr, 2017 | Amount | Seed - Second Nature | 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 Second Nature
Second Nature has secured backing from 8 investors, including venture fund and angel investors. Prominent investors backing the company include Seedcamp, Speedinvest and Bethnal Green Ventures. 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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Venture capital firm focused on fintech, insurance tech, digital health, and mobility verticals
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Founded Year | Domain | Location | |
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Early-stage venture capital and startup acceleration are provided.
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Founded Year | Domain | Location | |
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Venture capital fund investing in tech startups
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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 Second Nature
| 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 - Second Nature
| 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 |
Second Nature Comparisons
Competitors of Second Nature
Second Nature 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 Noom, Lose It!, Trifecta Nutrition, Calibrate and Profile Plan, 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 |
Provider of a digital platform for weight loss management and behavior change
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| domain | founded_year | HQ Location |
Mobile app to track diet and nutrition intake for weight loss management
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| domain | founded_year | HQ Location |
Provider of organic meal delivery services
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| domain | founded_year | HQ Location |
An online personalized weight loss program is offered by Calibrate.
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| domain | founded_year | HQ Location |
Offers customized nutrition plans for effective weight loss management.
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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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Frequently Asked Questions about Second Nature
When was Second Nature founded?
Second Nature was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Second Nature located?
Second Nature is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Second Nature?
Chris Edson is the current CEO of Second Nature. They have also founded this company.
Is Second Nature a funded company?
Second Nature is a funded company, having raised a total of $14.27M across 4 funding rounds to date. The company's 1st funding round was a Seed of $622.6K, raised on Apr 03, 2017.
How many employees does Second Nature have?
As of Jan 31, 2022, the latest employee count at Second Nature is 91.
What does Second Nature do?
A comprehensive weight-loss solution is offered by Second Nature, focusing on digital health and habit change. Services are provided through personalized programmes, including medication-supported plans like Mounjaro and Wegovy. The company operates in the healthcare sector, partnering with the NHS and insurers like Vitality Health. Support is extended via an award-winning app, 1-to-1 dietitian consultations, and educational content on nutrition and habits. Over 250,000 patients have been assisted, establishing trust in the UK market.
Who are the top competitors of Second Nature?
What products or services does Second Nature offer?
Second Nature offers Weight-loss Programme, Mounjaro Weight-loss Programme, and Wegovy Weight-loss Programme.
Who are Second Nature's investors?
Second Nature has 8 investors. Key investors include Seedcamp, Speedinvest, Bethnal Green Ventures, UNIQA Ventures, and Taavet Hinrikus.
What is Second Nature's valuation?
The valuation of Second Nature is $39.4M as of Jan 2020.
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