Beekeeper's Naturals Raises $14M To Accelerate Expansion & Continue Building The Most Impactful Global Healthcare Brand

Jun 15, 2023•over 2 years ago

Amount Raised

$14 Million

ThornhillBiotechnologyHealth Care

Investors

Muse CapitalVibrant VenturesCavu Consumer PartnersDevonshire Investors

Description

Beekeeper's Naturals announced today the closing of a $14M funding round, co-led by Devonshire Investors (the private investment firm affiliated with FMR LLC, the parent company of Fidelity Investments) and CAVU Consumer Partners, with participation from Vibrant Ventures and Muse Capital. This follows Beekeeper's Naturals' 2020 Series B led by CAVU Consumer Partners.

Company Information

Company

Beekeeper's Naturals

Location

Thornhill, Ontario, Canada

About

Founded by Carly Stein Kremer in 2017, Beekeeper's Naturals is a leader in the health and wellness category, creating clean, effective products powered by propolis and backed by science. Using unique remedies from the beehive, the beekeeper-led team is committed to providing the cleanest, most powerful solutions to modern health issues including chronic stress, poor sleep, digestive issues and scratchy throats. Unlike competitors, they apply scientific rigor to their product development and commit to third-party pesticide testing to ensure they're creating natural remedies that actually deliver. They're also a brand on a mission, prioritizing People, Plant, and Propolis. By working exclusively with sustainable small-scale apiaries, partnering with leading bee research institutions, and prioritizing pesticide-free hive health above all else, Beekeeper's Naturals works to raise awareness and create a better environment for our world's most important pollinators—the bees.

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