Chiaro
We want men and women everywhere to be happy and confident with their bodies – even their most intimate selves. At Chiaro, we are developing simple and empowering products to revolutionize personal wellness..
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| N/A | $1.2m | Seed | |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| % growth | - | 12 % | - |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Chiaro is a British femtech company founded in 2013 by Tania Boler and Alexander Asseily. The company operates the Elvie brand, which develops smart technology for women. Chiaro's flagship product is the Elvie Trainer, a pelvic floor trainer and app that helps women with their Kegel exercises by visualizing the muscle movements in real-time.
The company's business model is centered around the direct-to-consumer sale of its hardware products. The accompanying mobile applications are free to download and use, creating an ecosystem that enhances the user experience and collects valuable data for product improvement. Chiaro targets women who are looking for solutions to common health issues, such as incontinence, that can arise from childbirth or other life stages. The company operates in the growing femtech market, which is a sub-sector of the broader health and wellness industry.
In addition to the Elvie Trainer, the company has expanded its product line to include the Elvie Pump, a silent, wearable breast pump, and Elvie Catch, a set of two milk collection cups. These products further solidify Chiaro's position as a key player in the development of technology-driven solutions for women's health.
Keywords: femtech, women's health, pelvic floor trainer, Kegel exercises, smart technology, direct-to-consumer, health and wellness, breast pump, mobile application, hardware