E-Commerce

So you can be your best self: $2M for D2C beauty, health and wellness

January 6, 2023
Evo Commerce

Say hey to Evo Commerce! This Singapore-based D2C startup just raised a $2M Pre-Series A. They're all about transforming the way you take care of yourself — you'll love their wellness, health and beauty products!

  • Last year, Evo increased in topline revenue by 12x overall, and they also hit breakeven in June that year.
  • They serve over 20,000 customers across ten markets.

Investor check. GSR Ventures, East Ventures, and 33 Capital.

  • 👼🏻: JJ Chai (CEO, Rainforest), Hiro Kiga (co-founder, Wallex), Emile Etienne (co-founder, BrideStory)
  • Evo last raised a $600k seed led by East Ventures in August last year.

👇🏼 Why it matters

Their products are research-backed, innovative and of way better quality. Plus, they've got a great customer experience, and they put a focus on keeping it all accessible and fairly priced.

💊 BounceBack from late nights

They're best known for the anti-hangover solution BounceBack, their flagship product that was launched in 2021.

  • Just pop one of their BounceBack pills before you head out drinking, and you won't wake up with that nasty hangover the next day — so you can enjoy your day and be productive. Cheers!

✨ Be your best self

They're also building more brands and launching more products very soon! Other current brands include:

Stryv. Great salon-grade hair care and beauty products that you can actually afford, starting with a hairdryer and supplements to make any day a great hair day.

  • Their hair dryer is half the cost of alternatives, is quiet, dries fast, reduces frizziness and won't damage your hair as much.

Mantou. An anti-hair loss brand focused on natural and effective products with zero negative side effects.

  • Treat or prevent hair fall, thinning and balding with their shampoo, leave-in tonic, and supplements.

💰 What's with the $$$?

They'll continue expanding globally, developing their e-commerce and online channels, as well as leveling up their manufacturing and R&D power for new products and verticals.

  • The plan? Grow 10x in 2023, launch tons of new products and stay profitable.

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