Wellbeing tech startup Valeo Wellbeing raises $3 million in seed round

Valeo Wellbeing, a Dubai-based wellbeing tech startup raised $3 million in a seed funding round participated by multiple investors including Global Founders Capital, Global Ventures, Nuwa Capital, and FJ Labs.

Just in case you are not quite familiar with the startup, Valeo Wellbeing is led by serial entrepreneur Sundeep Sahni who has previously spearheaded Lazada, Southeast Asia’s largest ecommerce platform. Sahni was also a key figure behind mobile wallet HelloPay, which was later acquired by Alibaba for $3 billion.

Meanwhile, the other co-founder, Nadne Karadag, has previously led Growthgate Capital as its Director of Portfolio Management.

Valeo aims to help people who are not necessarily sick, but are not feeling their best either. The company offers a personalized health tracking and guided wellbeing app that enables users to schedule at-home well being tests. They also receive actionable advice based on the results from those tests from certified wellbeing coaches. As of today, the app offers two tests — one costs approximately $161 and the other (a more advanced test) priced at $380 for females and $405 for males.

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“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,” said Nadine Karadag, co-founder and COO of Valeo.

“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.”

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