ByHeart

ByHeart

Produces and sells infant formula

About ByHeart

Simplify's Rating
Why ByHeart is rated
B+
Rated A on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Food & Agriculture

Healthcare

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$248M

Headquarters

New York City, New York

Founded

2016

Overview

ByHeart produces infant formula that closely mimics breast milk, using a patented protein blend made from organic, grass-fed whole milk. This formula is clinically tested and offers benefits like easier digestion, less spit-up, and support for brain and immune health. ByHeart stands out from competitors by receiving the Clean Label Project Purity Award, ensuring high quality and safety standards. The company's goal is to provide nutritious and effective infant nutrition options for parents.

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Funded Recently
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Simplify's Take

What believers are saying

  • ByHeart raised $95M to expand its manufacturing and production capabilities.
  • Increasing demand for organic products aligns with ByHeart's grass-fed whole milk formula.
  • The rise of e-commerce offers ByHeart opportunities beyond traditional retail channels.

What critics are saying

  • Competition from goat milk-based formulas like Kabrita could impact ByHeart's market share.
  • Reliance on globally-sourced ingredients poses potential supply chain vulnerabilities.
  • High costs of organic ingredients may affect ByHeart's pricing and profit margins.

What makes ByHeart unique

  • ByHeart uses organic, grass-fed whole milk, unlike competitors using skim milk.
  • The company's patented protein blend closely mimics breast milk's nutritional profile.
  • ByHeart has received the Clean Label Project Purity Award for high-quality standards.

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Funding

Total Funding

$248M

Above

Industry Average

Funded Over

4 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Parental Leave

401(k) Company Match

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

9%
Business Wire
Dec 5th, 2024
CORRECTING and REPLACING ByHeart Appoints Denice Torres to Board of Directors, Strengthening Its Mission to Innovate Infant Nutrition

ByHeart, the next-generation infant nutrition company, proudly announces the appointment of Denice Torres to its Board of Directors.

Berks Weekly
Nov 3rd, 2024
$18.75M in RACP grants fuels growth and revitalization across Berks County

ByHeart, Inc. was awarded an additional $5 million to expand its infant formula manufacturing facility in Exeter Township.

WFMZ
Nov 1st, 2024
Schwank touts millions in funding for Berks redevelopment projects

ByHeart, Inc. - $5 million for construction, infrastructure upgrades and land acquisition to expand ByHeart's infant formula manufacturing facility in Exeter Township, equipping it for advanced production and packaging to enhance capacity, capability and efficiency.

Webrazzi
May 14th, 2024
Bebek beslenmesi alanında çalışan ByHeart, 95 milyon dolar yatırım aldı

ByHeart'ın 95 milyon dolarlık yatırım turunda D1 Capital Partners, Bellco Capital, Polaris Partners, Two River, OCV Partners, AF Ventures, Red Sea Ventures, Gaingels yer aldı.

ExploreBit
May 14th, 2024
ByHeart Raises USD 95M Funding

ByHeart raises USD 95M funding.

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