About Yazen
Yazen is a company based in Lund (Sweden) founded in 2021 by Fredrik Meurling.. Yazen has raised $24.49 million across 2 funding rounds from investors including Evli Growth Partners, Almaz Capital and Yabeo. Yazen has completed 1 acquisition, including Medstart. Yazen offers products and services including Weight Loss App and Medication Services.
- Headquarter Lund, Sweden
- Founders Fredrik Meurling
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Yazen Health Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.49 M (USD)
in 2 rounds
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Latest Funding Round
$21.13 M (USD), Series A
Nov 04, 2024
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Investors
Evli Growth Partners
& 4 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Yazen
Yazen offers a comprehensive portfolio of products and services, including Weight Loss App and Medication Services. 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.
App for personalized weight loss plans and tracking support.
Prescribed medications for effective weight control assistance.
Funding Insights of Yazen
Yazen has successfully raised a total of $24.49M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $21.13 million completed in November 2024. 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 — $21.1M
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First Round
First Round
(30 Aug 2023)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series A - Yazen | Valuation | Evli Growth Partners | |
| Aug, 2023 | Amount | Seed - Yazen | Valuation | Luminar Ventures |
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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 Yazen
Yazen has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Evli Growth Partners, Almaz Capital and Yabeo. 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 series A & B investments
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Founded Year | Domain | Location | |
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VC firm investing in early stage tech companies in the US & Europe
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Founded Year | Domain | Location | |
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Early-stage tech investments in Germany are targeted by Yabeo.
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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 Yazen
Yazen has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Medstart. 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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Medically supervised weight-loss programs are provided for clients.
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0 |
| 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 - Yazen
| 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 |
Yazen Comparisons
Competitors of Yazen
| 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 Yazen
Frequently Asked Questions about Yazen
When was Yazen founded?
Yazen was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Where is Yazen located?
Yazen is headquartered in Lund, Sweden.
Who is the current CEO of Yazen?
Fredrik Meurling is the current CEO of Yazen. They have also founded this company.
Is Yazen a funded company?
Yazen is a funded company, having raised a total of $24.49M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3.36M, raised on Aug 30, 2023.
What does Yazen do?
Founded in 2021 in Lund, Sweden, Yazen functions as a digital obesity clinic within the healthcare sector. Modern pharmaceutical treatments for weight loss are combined with professional support from doctors, dieticians, psychologists, and personal trainers. Operations are conducted through an online platform, allowing remote access to personalized weight management services across Sweden.
What products or services does Yazen offer?
Yazen offers Weight Loss App and Medication Services.
How many acquisitions has Yazen made?
Yazen has made 1 acquisition, including Medstart.
Who are Yazen's investors?
Yazen has 5 investors. Key investors include Evli Growth Partners, Almaz Capital, Yabeo, Luminar Ventures, and Aggregate.
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