UAE-based Valeo secures $3M Seed investment
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Valeo, a UAE-based wellbeing-tech startup, has closed a $3M Seed funding round from multiple investors including Global Founders Capital, Global Ventures, Nuwa Capital, and FJ Labs.
Valeo Wellbeing is a personalized health tracking and guided wellbeing app that gives its users control over their health. Users can schedule at-home wellbeing tests, get impactful advice based on their results and connect with certified wellbeing coaches from around the world. The Valeo App allows users to have easy-access to their wellbeing data enabling them to better understand their bodies. Valeo Wellbeing Coaches provide personalized lifestyle, nutrition, and movement guidance to set users on the right track to optimal health.
Nadine Karadag, COO and Co-Founder of Valeo, explained “Maintaining your wellbeing in the fast, modern world can be time and money consuming. You can find yourself paying a lot of money chasing health fads, and yet the right personalized advice at the right time remains difficult to find. Where do you go when you are not sick but you are not feeling your best? Valeo closes this gap in the market by providing a solution that is convenient, impactful, and reasonably priced. We want users to start their journey towards feeling their best using the Valeo app from the comfort of their homes."
Sundeep Sahni, CEO and Co-Founder of Valeo, added “We’re so grateful to be part of the UAE startup ecosystem that has enabled us to bring Valeo to life. Moreover, Dubai has a thriving wellbeing scene that is led by government and private initiatives such as Dubai Fitness Challenge. Post-covid, people living in Dubai have become significantly more conscious of their wellbeing.”
Valeo Wellbeing will use the funds to scale the platform and introduce new wellbeing products in the UAE market.
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