Intrinsic is a wellness, health and e-commerce entity in New York City. It now confirms funding of $113 million. The company has raised $115 million cumulatively. Define Ventures was the lead investor in the round, with other participants like Link Ventures. The company’s board of directors had a new entrant in Lynne Chou O’Keefe, the Partner at Define Ventures. Amy Albano, the CEO & Marketing Director of Fast People Finder, said that Intrinsic has secured a funding of $113 millionis. She also pointed out that Intrinsic is well known for its e-commerce-oriented wellness and health brands.
Intrinsic launched sometime earlier this year as a partnership with healthcare innovation player Redesign Health. The company focuses on e-commerce-oriented wellness and health brands that are retailing across Amazon and other avenues. The company is concentrating on multiple segments like healthy aging, pregnancy and baby, digestive health, orthopedic, skin care and eye health, immune support, and more. Maria Saenz, who is the CEO of Fast Title Loans, opined that these are some of the prime sectors that are expected to boom. The devised plan with such a colossal funding is appropriately covering a broad spectrum of the market. Fast Title Loans is also renowned to cover and network with hundreds of lenders in the US to avail loans and you can get it started here. The company offers advanced analytics with an expertise in supply chain and marketing.
Intrinsic’s Chief Executive Officer and Co-Founder Yadin Shemmer, states that a medical advisory board is also active. This will offer guidance on innovation and acquisitions alike. Its founding board members include Dr. Laurie Green, Dr. Theodore Leng, Dr. Dena Bravata, Dr. Rachel Walsh, and Dr. David Suarez. Intrinsic will also tie up with Tony Robbins and Dr. Mehmet Oz for its blueprint and marketing. They are already investors in the company and will be its future strategic advisors. Shemmer has been the Chief Executive Officer at Mango Health earlier. He was also the President of the Everyday Health Consumer Group.