Financials

Estimates*

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Revenues, earnings & profits over time
GBP2018202120222023
Revenues-1.8m5.9m28.8m
% growth--234 %389 %
EBITDA(1.3m)(7.8m)(10.3m)(20.9m)
% EBITDA margin-(445 %)(175 %)(73 %)
Profit(1.1m)(7.2m)(9.1m)(18.7m)
% profit margin-(407 %)(155 %)(65 %)
R&D budget-4.4m6.3m9.3m
R&D % of revenue-253 %106 %32 %
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DateInvestorsAmountRound
-

N/A

-

N/A

Spinout

N/A

Seed

$8.0m

Seed

$19.0m

Series A
*

$25.0m

Series B
*

$30.0m

Valuation: $250m

107.7x EV/LTM Revenues

-24.2x EV/LTM EBITDA

Series B
*

$2.5m

Valuation: $250m

32.2x EV/LTM Revenues

-18.4x EV/LTM EBITDA

Series B
*

$15.0m

Valuation: $250m

Series B
Total FundingCAD136m

Recent News about ZOE

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More about ZOEinfo icon
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JoinZOE is a health-tech startup that operates in the personalized nutrition market. It offers a unique program that uses advanced scientific analysis to understand how food affects an individual's body. The company's primary clientele includes individuals seeking to improve their gut and metabolic health, increase energy levels, reduce hunger, achieve a healthy weight, and avoid chronic health issues.

The business model of JoinZOE is based on selling at-home test kits to customers. These kits are designed to provide an in-depth analysis of an individual's gut bacteria, blood sugar, and blood fats. The results are then compared to data from thousands of other people, using patented techniques exclusive to JoinZOE. Based on the test results, the company provides personalized advice to customers on how to improve their meals and overall health.

JoinZOE's revenue is generated through the sale of these at-home test kits and the subsequent personalized nutrition advice. The company's unique selling proposition lies in its scientific approach to nutrition, backed by research from prestigious institutions such as Harvard T.H. Chan School of Public Health, Massachusetts General Hospital, and King’s College London.

In summary, JoinZOE is a promising startup in the health-tech sector, leveraging scientific research to provide personalized nutrition advice. It operates in a growing market, serving customers who are increasingly conscious about their health and well-being.

Keywords: Personalized Nutrition, Health-Tech, At-Home Test Kits, Gut Health, Metabolic Health, Scientific Research, Personalized Advice, Healthy Weight, Chronic Health Issues, Nutrition Science.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by ZOE

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Fascinate Productions
ACQUISITION by ZOE Jul 2024