About Trovita Health
Trovita Health is a company based in Minneapolis (United States) founded in 2011.. Trovita Health has raised $1.81 million across 2 funding rounds from investors including CircleUp. The company has 1 employees as of December 31, 2022. Trovita Health operates in a competitive market with competitors including Soylent, Kate Farms, Ample Meal, Adeo Health Science and Real Food Blends, among others.
- Headquarter Minneapolis, United States
- Employees 1 as on 31 Dec, 2022
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Sectors
Consumer
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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 Trovrx
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.81 M (USD)
in 2 rounds
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Latest Funding Round
$310 K (USD), Series A
Dec 24, 2015
- Investors
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Employee Count
1
as on Dec 31, 2022
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Funding Insights of Trovita Health
Trovita Health has successfully raised a total of $1.81M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $310 thousand completed in December 2015. 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 2
- Last Round Series A — $310,000
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First Round
First Round
(07 Apr 2014)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Series A - Trovita Health | Valuation | CircleUp |
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| Apr, 2014 | Amount | Series A - Trovita Health | 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 Trovita Health
Trovita Health has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include CircleUp. 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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Equity crowdfunding is facilitated for private consumer product companies.
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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 Trovita Health
| 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 - Trovita Health
| 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 |
Trovita Health Comparisons
Competitors of Trovita Health
Trovita Health 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 Soylent, Kate Farms, Ample Meal, Adeo Health Science and Real Food Blends, 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 |
Soylent is recognized for producing science-backed nutritional products.
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| domain | founded_year | HQ Location |
Plant-based nutrition drinks are manufactured and retailed by Kate Farms.
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| domain | founded_year | HQ Location |
Nutritional drink that can act as a substitute for meals
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| domain | founded_year | HQ Location |
Manufactures proprietary baby food to safely introduce eight allergens.
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| domain | founded_year | HQ Location |
Blenderized real-food meals are provided for tube feeding users.
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| domain | founded_year | HQ Location |
Weight-management meal replacement products and plans are provided.
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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 Trovita Health
Frequently Asked Questions about Trovita Health
When was Trovita Health founded?
Trovita Health was founded in 2011 and raised its 1st funding round 3 years after it was founded.
Where is Trovita Health located?
Trovita Health is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Is Trovita Health a funded company?
Trovita Health is a funded company, having raised a total of $1.81M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.5M, raised on Apr 07, 2014.
How many employees does Trovita Health have?
As of Dec 31, 2022, the latest employee count at Trovita Health is 1.
What does Trovita Health do?
Trovita Health was founded in 2011 and is based in Minneapolis, United States. Operations focus on the nutritional products sector, where advanced formulations are developed and brought to market. A single product, the ENU meal replacement shake, is offered in chocolate and vanilla flavors. Distribution occurs exclusively through the companys online portal at trovitahealth.com, serving customers directly.
Who are the top competitors of Trovita Health?
Trovita Health's top competitors include Kate Farms, Soylent and Ample Meal.
Who are Trovita Health's investors?
Trovita Health has 1 investor. Key investors include CircleUp.
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