A NYC-based startup called ByHeart secured $95 million in capital.
Investors
- Gaingels
- OCV Partners
- D1 Capital Partners
- Bellco Capital
- Polaris Partners
- Two River
- Red Sea Ventures
- they have received $395 million
Use of funds
The money will go toward the company’s ongoing US commercial launch as well as the expansion of its innovation pipeline.
ByHeart uses the science of breast milk to develop and sell clinically validated products that facilitate better digestion, reduce spitting, produce softer stools, promote more effective weight gain, and improve nutrient absorption.
About ByHeart
ByHeart is a baby nourishment firm managed by CEO Ron Belldegrun. It has been certified as a Clean Label Project brand three times. Its end-to-end manufacturing facilities provide it complete control over the production process and guarantee that all quality criteria are met.
The firm, which is growing quickly and most recently entered the Thrive Market, has production sites in Pennsylvania, Oregon, and Iowa. ByHeart plans to open up shop at many more locations by the end of 2024, giving parents worldwide easy access to its healthy, scientifically proven formula.
“We are committed to doing better for babies and their parents, and that means meaningful innovation in an industry that sorely needed it, as well as continued investments into end-to-end manufacturing and scientific advancement.”
Ron Belldegrun
