Oh My Green Finalizes $20M in Seed Funding; Provider of Healthy Food and Wellness Services for Corporations Will Expand Investment in Technology Platform, Market Growth

SAN FRANCISCO, Oct. 17, 2018 /PRNewswire-PRWeb/ -- Oh My Green, a concierge-style provider of healthy food and wellness services for corporations of all sizes, today announced that it has secured $20 million in seed funding from top-tier investors including Y Combinator, Initialized Capital, Powerplant Ventures, Backed VC, ZhenFund, Talis Capital and Stanford-StartX Fund. The funding will be used to further advance Oh My Green's innovative wellness platform, which incorporates artificial intelligence and IoT technology to enhance supply chain management and improve personalization of the company's food services. Additionally, the funds will support continued growth of Oh My Green's supplier and customer network in North America, and eventually its international expansion.

"More and more businesses are investing in wellness as a means to improve employee productivity, engagement and retention," said Michael Heinrich, CEO & Founder of Oh My Green. "Good nutrition is an essential part of any wellness strategy, yet a recent survey by the Center for Disease Control shows that the foods people eat at work tend to contain high amounts of sodium and refined grain. Our mission is to empower companies to provide their people with healthier choices, so that they can reach their full potential, both at work and in their daily lives."

"Healthier snack alternatives are our number one priority here at Mixpanel which aligns with Oh My Green's mission," said Aaron Cuadra, Global Operations Manager at Mixpanel. "We also appreciate Oh My Green's high level of customer service and their innovative tech helps us manage quality and consistency with ease. Our relationship goes beyond just being partners, there is a level of respect and friendship that has developed. The company's corporate culture is similar to our core values, which makes them a trusted partner."

"Wellness is a big priority for us and good nutrition is critical to our employee's well-being," said Jessica Pfisterer, Director of Employee Experience & Operations at Greenhouse. "Oh My Green's platform makes it easy and affordable for us to stock our kitchens with healthy offerings, so that our people can avoid over-processed junk food when they are on the go. We love that employees can make requests and upvote items they want, and employees like having a voice in choosing what snacks are brought in."

Founded by Heinrich while he was in graduate school at Stanford in 2014 and backed by Y Combinator in 2016, Oh My Green creates an entirely new food experience for companies, offering a variety of services ranging from the delivery of healthy office snacks and kitchen design and stocking services, to catering, cafe management and wellness programming. The company works with a number of unique suppliers to offer a carefully curated selection of nutritious and delicious products, with the goal of helping companies easily stock their kitchens and cafeterias while amplifying the health, productivity and engagement of their employees.

Oh My Green's offering is built on a technology platform that utilizes machine learning to personalize product recommendations and efficiently manage the supply chain at scale, assuring optimal quality, quantity, and variety while minimizing food waste. When choosing food and beverage suppliers, Oh My Green prioritizes organic, non-GMO and locally sourced products. The company's customers include organizations like Mixpanel, Greenhouse, Flatiron Health, and many others.

According to industry watcher Grand View Research, the global healthy snack market alone is expected to reach $32.8 billion by 2025.

Matus Maar, managing partner ventures at Talis, one of the leads and largest investors in Oh My Green, said "As corporations the world over increase focus on bringing wellness to the workplace and educating the workforce around the benefits of good nutrition, Oh My Green is perfectly placed to capture the significant market opportunity that exists there. We greatly look forward to partnering with Michael and the entire team at Oh My Green, as they continue to build on the significant momentum they have achieved to date."

"Oh My Green is fast becoming enterprises' one-stop shop for wellness. Companies love the fully-managed nature of the service, the faultless fulfillment due to innovative technology, as well as the variety of healthy products and ability for employees to help choose the food they receive," said Andre de Haes, Founder of Backed VC. "The most successful companies have pervasive cultures and Oh My Green authentically lives its wellness-focused values, exemplified by the healthy meals and all hands meditation sessions where the entire organization participates."

About Oh My Green
Oh My Green is concierge-style provider of healthy food and wellness services for corporations of all sizes. Founded out of the Stanford-StartX Fund and Y Combinator, the company offers a user-friendly wellness platform that brings nutritious snacks, meals, drinks and wellness practices to the workplace through micro-kitchens, micro-markets, catering, café management, subscription boxes and more. Combining innovative AI and IoT technologies for easy ordering, replenishment and account management with a carefully curated selection of products, Oh My Green aims to help companies and their workers Eat Healthy and Work Happy, with the goal of improving well-being, productivity and engagement. With clients ranging from tech startups to Fortune 500 companies, the company is headquartered in the San Francisco Bay Area. Visit http://www.ohmygreen.com for more information and join our community on Facebook, Twitter and Instagram @OhMyGreenHQ

SOURCE Oh My Green

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