Cyprus-based Simple nutrition app raises €4.1 million Series A funding

Funding Rounds

Summary

Simple, a mindful nutrition app based in Limassol, announced today that it has secured around €4.1 million in Series A funding and an approx. Founded in 2019, Simple’s mission is to help users transition to a healthy and conscious diet through the gradual change of habits and introduction of food discipline, which promotes long-term results that are beneficial for their health. To fulfill this mission, the app uses tools such as data collection, pattern selection, advice, magazines, and education about health and weight loss. We have come a long way and the last round of funding opens up opportunities for a new phase of our development as we expand worldwide,” says Alex Ilinskiy, co-founder and CEO of Simple. Moreover, in the fall the team invested in product localization in 6 languages including French, Portuguese, Spanish, Italian, German which allowed them to enter the European and South American markets.

$ Funding

$
Amount $5.0M Total raised
Date December 8, 2020 Announcement date
Investors - Lead investors
Company https://simple.life Funded company

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applications
Web and Content Management

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$5M to $10M