Austin, Texas-based EverlyWell, maker of a digital platform that lets consumers to order lab tests online, provide samples and receive results, has raised another $2 million in a round led by Next Gen Venture Partners. Jack Novak, SoGal Ventures, Full Tilt Capital and other unnamed venture capital firms contributed. Last year, EverlyWell raised $2.5 million, and also had $500,000 in seed funding, which brings the company’s total funding to date to $5 million.
The two-year-old company, which officially launched their service at TechCrunch Disrupt in San Francisco in September 2016, plans to use the latest funding to hire more leadership positions, explore new partnerships and improve their product features.
“Amid uncertainty in the healthcare landscape, people are taking control and becoming proactive and informed healthcare consumers. Julia Cheek and EverlyWell have reimagined the lab testing experience -- providing customers an affordable, convenient, personalized solution -- without having to navigate a complicated healthcare system,” NextGen Venture Partners Vice President Lisa Cuesta said in a statement. “EverlyWell distinguishes itself as a reliable brand that customers can trust to deliver high-quality, consistent service so they can feel more confident making decisions about their health and wellness.”
There are other at-home lab testing services are out there, (such as myLab Box, which recently expanded its offerings), and EverlyWell has been working to set itself apart with its range of tests and approachable format of results. With the new capital, EverlyWell plans to continue on that promise to keep expanding their offering.
At their initial beta launch in 2015 – a three-month-period during which they gained almost 1,500 customers across 45 states – they started with tests across eight different health areas, including food sensitivity and thyroid levels. In January, they expanded to offer STD testing that came with physician consultations, and in February began offering a test for DHA levels in breast milk. Altogether, they offer 12 different at-home lab tests.
“Our vision is to make healthcare services like lab testing accessible, simple, and meaningful for consumers. This additional funding enables us to accelerate our growth even more,” Julia Cheek, CEO and founder of EverlyWell said in a statement. “We’re leading a major shift in the consumer health marketplace by bringing the lab to consumers' doorsteps, and we are moving quickly to expand our channels, launch innovative tests, and deliver a world-class customer experience.”jordan shoes for sale outlet trainers