Tech Company Financing Transactions
Cabinet Health Funding Round
On 12/15/2022, Cabinet Health raised $17 million in funding from Global Good Fund, Natureza and Unreasonable Group.
Transaction Overview
Company Name
Announced On
12/15/2022
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$17,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Cabinet Health was able to rely on its sustainability pitch to secure the funding as other health care startups are struggling to stay afloat. Cabinet Health sells five categories of over-the-counter medication and supplements -- cold and flu medication, pain relief, sleep aid, allergy relief and digestive aid -- in glass containers that replace single-use plastic bottles.
Company Information
Company Status
Private & Independent
Industry
Medical Devices & Instruments
Mailing Address
80 M Street Southeast
Washington, DC 20003
USA
Washington, DC 20003
USA
Phone
Undisclosed
Website
Email Address
Overview
At Cabinet we're building the world's most sustainable healthcare company, starting with over-the-counter medicine. We provide consumers and enterprises with plastic-free packaging for their everyday medicines, the highest quality products that science can offer, and personalized care supporting patients in sickness and in health. We believe our physical health is inextricably linked to the environment around us, and work with other healthcare brands, distribution partners, and companies to support them in efforts to reduce environmental impact.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Achal Patel
Co-Founder
Russell Gong
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