Cabinet Health Raises $17M in Funding

Cabinet Health , a New York-based sustainable healthcare firm, raised $17M in funding.

The spherical was led by International Impression Fund with participation kind Natureza and Unreasonable Group.

The corporate intends to make use of the funds to develop operations and its improvement efforts.

Based in 2018 by Achal Patel and Russell Gong, Cupboard Well being is a sustainable healthcare firm that has invented a refillable and compostable medication system, providing an answer to the plastic waste disaster. The system affords over-the-counter medicines and dietary supplements in elevated glass bottles that may be infinitely re-used, offering prospects with a streamlined, and low-waste various to plastic capsule bottles. All Cupboard Well being medicines are third-party batch-tested, use FDA-approved energetic substances, and are freed from recognized carcinogens, toxins, and allergens, together with gluten.

Cupboard Well being merchandise are at present discovered on CabinetHealth.com and on-line retailers akin to Grove Collaborative and Amazon, with extra retail partnerships to come back in 2023.

The corporate is an authorized B-Corp with a rising base of consumers who’ve helped divert hundreds of kilos of plastic from landfills.

Shishir Gupta, The Founder & CEO of StartupLanes said,

Cabinet Health Raises $17M in Funding. May this new business bring you huge success and fulfillment.

About us: StartupLanes is an ecosystem for Startups and Investors. Collaborate or find a co-founder, it’s a platform for Entrepreneurs. We love startups! A place for Angel Investors and Venture Capitalists to find investing opportunities in startups. Validate your idea, Learn & Execute.

Startups looking for funding may apply through?StartupLanes Funding Application .