Nutrium Acquires €4.9 Million in Seed round

nutrium

About Nutrium

Nutrium is a nutrition software for professionals to manage their business while focusing on their clients’ success. Simply put, Nutrium is a digital health startup which links dietitians and their patients via an app

Recently, Nutrium announced that it has raised a €4.25 million seed round led by Indico Capital Partners, alongside the Social Innovation Fund in Portugal (SIF) and previous investors. It now offers professional nutrition software to 80,000 nutrition professionals and 800,000 patients in more than 40 countries.

Nutrium plans to double the team size in the next 24 months. This is to focus on platform development and expand global sales in markets where the company already has a strong customer base.

Integrated nutrition counseling with professional advice is available for patients. They also get continuous monitoring and access to commercial products.

Nutrium’s Plan for the future

André Santos, CEO and co-founder of Nutrium, commented: “We are moving closer to our vision of enabling the improvement of eating habits for millions of people globally.”

Stephan Morais from Indico said: “Nutrium will become a full-fledged platform bringing together nutritionists, patients, products and wellness data that will enable healthier and happier lives. We are pleased to back this jointly developed vision with capital and knowledge.“

Rui Ferreira, VP at Portugal Ventures gave a statement about Nutrium. “In 2017, when Portugal Ventures invested in Nutrium’s pre-seed round, the company was mainly present in two markets. Today, Nutrium operates in more than 40 markets, having increased its turnover exponentially.”

Nutrium’s competitors include NutriAdmin, AppointmentPlus, and Evolution Nutrition, which has raised $2.3 million.

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