Home Startup The Antler Investor Memo: Wellbase is holding staff wholesome and completely satisfied

The Antler Investor Memo: Wellbase is holding staff wholesome and completely satisfied

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The Antler Investor Memo: Wellbase is holding staff wholesome and completely satisfied

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Early stage funding firm Antler Australia not too long ago backed 13 startups as a part of its ongoing program to construct nice native tech firms. Over six weeks, Startup Each day will share the main points of every enterprise within the “Antler Investor Memos” sequence.

You can too meet the founders on the Startup Each day present on ausbiz.com.au each Monday and Wednesday.

This sequence is designed to offer you a fast, sharp understanding of the startups and folks concerned, with many in search of observe up capital following Antler’s preliminary pre-seed funding. 

Firm: Wellbase 

Formation date: 2022

Stage of enterprise: Pre-Seed

Founders: Julie Bouissin and Andres Bernal

Present traders: Antler

Presently elevating: Sure

 

Description of enterprise

Most office wellbeing applications have restricted participation. Wellbase is looking for a wellness revolution with its all-in-one platform empowering staff to pick out personalised actions and construct wholesome habits.

Wellbase operates through a subscription mannequin for organisations unlocking entry to wellness providers for workers and allocating them Wellcoin: to spend on their personalised Wellbase actions. 

By encouraging staff to curate a personalised holistic wellness apply, Wellbase will enhance entry to worker wellness journeys that elevate lives, office cultures and careers.

 

Antler funding thesis

“The pandemic has shifted the way in which all of us work, making worker retention and engagement extra vital than ever. Wellbase takes a singular, employee-centric and hyper-personalised strategy to worker wellness with highly effective move on advantages for shoppers,” stated Cath Rogers, Companion of Antler Australia.  

“Wellbase eschews the consumer-focused stock mannequin of different wellness gamers within the house in favour of a B2B providing that empowers staff to take management of their wellness program by discovering the strategy that works greatest for them. This drives long-term engagement, and in the end helps staff to guide more healthy lives.”

 

Traction/milestones, to this point

Whereas constructing Wellbase’s preliminary product providing, it secured curiosity from 5 clients together with MLC, Liverpool companions and Drive Yello.

The beta model of Wellbase’s product launching in coming months. 

 

Due diligence assets

Discover Wellbase’s pitch video and investor deck through The Antler Portfolio Reveal Platform.

 

Newest funding

Pre-Seed from Antler

 

Use of funds

Antler Australia’s preliminary funding in Wellbase has supported development in headcount to fast-track the construct of Wellbase’s platform and its in-platform foreign money, Wellcoin. Additional, it has supported the growth of its advertising and marketing perform with a devoted rent to guide its go-to-market technique. 

 

The founders say

“Since we began our journey, we’ve been extremely lucky to be supported by a community of leaders we labored with up to now to helps us pivot our mannequin at instances and validate to seek out product market match, and that is very thrilling,” stated Julie Bouissin, co-founder and CEO of Wellbase.

“Antler has given us entry to quite a lot of assets, mentors and factors of view that challenged us and strengthened our conviction to remodel an thought right into a VC-backable enterprise as properly.

“We imagine the simplest first step in making wellness extra accessible at scale, is thru workplaces. So, we’re beginning there. However our north star imaginative and prescient is wild; we purpose to create the subsequent era wellbeing foreign money and cost expertise to open the world of wellness. From meditation teaching to HIIT coaching, browsing classes and sexual wellness purchases, to call a couple of.

“Wellbeing is the inspiration of a transparent and targeted thoughts, resilient psychological well being and excessive efficiency at work. It’s additionally the premise for a joyful, rewarding and significant life. We’re bringing the office and wellbeing nearer than ever.

 

What’s subsequent?

Antler, a worldwide early-stage VC, not too long ago showcased the most recent investments it’s made in bold Australian founders and startups. Wellbase featured as one in every of Antler Australia’s latest portfolio firms.

Discover how Wellbase is igniting a wellness revolution through the Antler Portfolio Reveal Platform. 

 

StartupDaily is the official media companion of Antler in Australia.



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