Fem-Tech Start-Up Yoppie Raises 拢3.4m from high profile investors as they meet consumer demand for subscription models.
As the world has moved overwhelmingly towards online shopping in the last year, the latest in the subscription box trend is feminine care products. Yoppie has given period care products a digital makeover, not only allowing the products to be delivered through your subscription basis, but carrying out ongoing personalisation. Their recent funding will help them with this goal.
Introducing Yoppie
Daniella Peri launched Yoppie in 2016, a DTC subscription-based, organic period care and PMS solutions provider that is using聽 smart tech to enable women to not only customise and manage their menstrual care, but also to better educate themselves while they do it. From product delivery to content personalisation and information on every area of intimate healthcare,聽Yoppie聽is helping women to sync menstruation with the modern world using a tech-driven approach that makes it easier than your weekly grocery shop.
Yoppie鈥檚 relevance to the modern-day woman is clear, with the company seeing a 21,500% increase in users in the last year alone, a 1,200% annual uplift in customers and 1,500% monthly recurring revenue growth.
Tech Makeover
From 100% organic cotton tampons, Yoppie expanded to offer pads and liners, a聽product personalisation tool and more recently they launched their highly-anticipated and innovative聽range of symptom-targeted PMS supplements to help support the entire menstrual聽experience聽and fight back against the 鈥済eneric women鈥檚 multivitamin.鈥澛燭he supplements being just the first of many more product offerings that will go beyond 鈥渢he聽period鈥�.
There鈥檚 also a significant technology platform element involved that assists customers by recommending them their own unique menstrual care formula,聽alongside聽an easy to use management dashboard. The dashboard allows each user to聽personalise their content to account for the idiosyncrasies of women鈥檚 menstrual cycles and interests – a first for the聽global聽period care market.
Funding
In late 2018, whilst heavily pregnant with her son Maxim, Daniella successfully pitched her vision for Yoppie鈥檚 expansion to one of Sweden鈥檚 most noteworthy investors, resulting in the company鈥檚 first 拢1.2M in seed funding.
With a scaling community and customer base, new innovative digital services and product offerings, Yoppie鈥檚 plans to further establish itself as a FemTech pioneer have聽now attracted the attention of more highly noted investors, including hyper-growth VCs, Vostock New聽Ventures and Colle Capital,聽raising聽Yoppie鈥檚聽seed-funding total to 拢3.4M.
The funding that has been raised will be dedicated to international expansion, technology development, growth marketing and people investment.
Yoppie Founder Daniella Peri commented:
鈥淥ur concept is not just about the timely delivery of tampons and pads but rather a聽tech-enabled聽personalisation journey that looks after the entire experience of monthly menstrual聽care. We like to envision Yoppie soon being able to provide a level of ongoing personalisation similar to the likes of Netflix and Spotify, then enhanced with the product convenience of Amazon.鈥�
鈥淧eriod care is a $37bn global market* but up until now, it has聽failed to portray real women in the real world. So聽it鈥檚 time to get real.聽It鈥檚 2021! Women are out there changing history every day. Today鈥檚 modern woman deserves to have menstrual care that鈥檚 designed with their real lives and needs in mind. So if no one else is going to do it, Yoppie will.鈥�
