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WholyMe raises £500,000 to market pain relief products with hemp extracts

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London, United Kingdom – January 13, 2020 – WholyMe, a London-based startup focused on marketing effective pain relief products, announced today that it has closed its first funding round of £500,000. The Financière Saint James, V1 Capital, Joyance Partners, Guibor and business angels invested in this round.

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«We are delighted to support WholyMe as they push the boundaries of pain management to bring more happiness to the world,» said Paolo Pio, European Managing Director of Joyance Partners.

The Co-Founders Celine Ivari and Quitterie de Rivoyre founded WholyMe for the 1 in 5 Europeans who suffer from chronic pain. The direct costs of pain are estimated at 187 million euros for Belgium, $368 million (289 million euros) for the Netherlands, rising to more than 1.6 billion pounds sterling (1.9 billion euros) for the United Kingdom, according to the report Bread: A European Consensus Report (EFIC, Pfizer, and EFNA Partnership). Chronic pain affects a person’s ability to work, enjoy life, and stay active, and can lead to insomnia, fatigue, depression, or anxiety (Arthritis Foundation).

The WholyMe Team

Céline and Quitterie, the two co-founders of WholyMe

While chronic pain and inflammation are a global issue, WholyMe also holds deep personal significance for Céline and Quitterie. The two founders have worked to address chronic inflammation issues affecting members of their families, which led to the research and development of the first WholyMe products.

«When my mother suffered from severe inflammation, she was overloaded with painkillers and prescription medications, which caused terrible side effects. Having studied the genetics of human diseases, I knew there were alternative ways to manage her pain. I helped her improve her well-being using natural remedies,» Céline explained.

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This is the story of millions of people around the world, especially since people are living longer and only 3 out of 10 medical schools in Europe offer a program on pain management. WholyMe was born out of the realization that pain management is flawed: painkillers are widely available, overused, and often have side effects.

«Our mission is simple: to help improve the lives of people suffering from pain by providing the most effective and healthiest products that do not compromise long-term health,» said Quitterie.

The funding will be used to manufacture WholyMe’s first line of 100% organic supplements and cosmetics for muscle and joint health, starting with a cannabis-based balm scheduled for launch in spring 2020. Formulated in-house and manufactured in France, WholyMe products will be sold online, and the startup also plans to form strategic partnerships with gyms to help Millennial athletes reduce their risk of injury.

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About WholyMe:
WholyMe is a community-based brand that provides highly effective, all-natural, and all-organic solutions for muscle and joint health.
https://www.wholyme.com

Contact:
[email protected]

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The statements contained in this document have not been evaluated by the Food and Standards Agency or the Medicines and Healthcare products Regulatory Agency. Our products are not intended to diagnose, treat, cure, or prevent any disease. Testimonials or reviews of our products provided by our customers do not represent the opinions of WholyMe Ltd, and
should not be considered recommendations or facts.

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Diseases & Disorders in this article Chronic pain →

Aurélien founded Newsweed in 2015. Particularly interested in international regulations and the various cannabis markets, he also has an extensive knowledge of the plant and its uses.

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