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About ByHeart
Industries
Food & Agriculture
Healthcare
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$349.2M
Headquarters
New York City, New York
Founded
2016
Overview
ByHeart produces infant formula that closely resembles 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, better nutrient absorption, 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 safe infant nutrition options for parents.
Simplify's Take
What believers are saying
- ByHeart raised $95M to support US manufacturing and retail expansion.
- The company expanded retail presence by 200% into Walmart, Whole Foods, and Wegmans.
- ByHeart's subscription model increased customer lifetime value by 24% in three months.
What critics are saying
- Increased competition from new entrants like Bobbie in the infant formula market.
- Potential backlash over globally-sourced ingredients amid a trend for local sourcing.
- Regulatory challenges in the infant formula industry could impact ByHeart's operations.
What makes ByHeart unique
- ByHeart uses organic, grass-fed whole milk for its infant formula.
- The company's patented protein blend closely mimics breast milk.
- ByHeart has received the Clean Label Project Purity Award for quality assurance.
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Funding
Total Funding
$349.2M
Above
Industry Average
Funded Over
4 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Unlimited Paid Time Off
Parental Leave
401(k) Company Match
Company Equity
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 1%2 year growth
↑ 8%ByHeart, a New York-based infant nutrition company, has raised $72 million in funding. The company has expanded its retail presence by over 200% into Walmart, Whole Foods, and Wegmans, now reaching over 1,100 Walmart stores and select other locations. ByHeart controls its manufacturing in Pennsylvania, Oregon, and Iowa, crucial amid supply chain challenges. The funding will support further retail expansion and manufacturing operations.
"We're honored that ByHeart has chosen Ordergroove to power their next wave of growth as they solidify their market leadership with innovation and true partnership to parents."
ByHeart, the next-generation infant nutrition company, proudly announces the appointment of Denice Torres to its Board of Directors.
ByHeart, Inc. was awarded an additional $5 million to expand its infant formula manufacturing facility in Exeter Township.
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.
ByHeart is Hiring for 15 Jobs on Simplify!
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People & HR
1 Open Roles
Medical, Clinical & Veterinary
3 Open Roles
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About ByHeart
Industries
Food & Agriculture
Healthcare
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$349.2M
Headquarters
New York City, New York
Founded
2016
ByHeart is Hiring for 15 Jobs on Simplify!
Find jobs on Simplify and start your career today
People & HR
1 Open Roles
Medical, Clinical & Veterinary
3 Open Roles
People Also Viewed
Discover companies similar to ByHeart