UAE-based wellbeing app Valeo raises $3mn in seed funding

By Shilpa Annie Joseph, Official Reporter
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UAE-based wellbeing-tech startup Valeo Wellbeing (Valeo) has raised $3 million in the seed round led by Dubai venture capital firm Nuwa Capital along with Global Founders Capital, Global Ventures, and FJ Labs.

Established in 2021, Valeo Wellbeing is a customized health tracking and guided wellbeing tool that empowers users to take control of their own health. Users can schedule at-home wellbeing tests, get impactful advice based on their results, and connect with certified wellbeing coaches from around the world.

The Valeo App allows users to have easy access to their wellbeing data enabling them to better understand their bodies. Valeo will use the funds to scale the platform and introduce new wellbeing products in the UAE market.

Mr. Sundeep Sahni, CEO and Co-Founder of Valeo said, “We’re so grateful to be part of the UAE startup ecosystem that has enabled us to bring Valeo to life. Moreover, Dubai has a thriving wellbeing scene that is led by government and private initiatives such as Dubai Fitness Challenge. Post-COVID, people living in Dubai have become significantly more conscious of their wellbeing.”

Nadin Karadag
Nadin Karadag
COO & Co-Founder

“Maintaining your wellbeing in the fast, modern world can be time and money consuming. You can find yourself paying a lot of money chasing health fads, and yet the right personalized advice at the right time remains difficult to find. Where do you go when you are not sick but you are not feeling your best? Valeo closes this gap in the market by providing a solution that is convenient, impactful, and reasonably priced. We want users to start their journey towards feeling their best using the Valeo app from the comfort of their homes.”

“Sundeep and Nadin are part of a new generation of founders who have significant depth in their field, a stellar track record, and unparalleled drive and ambition. They are exactly the type of founders we are looking to back and co-author the region’s next success stories with,” commented Ms. Stephanie Nour Prince, Partner, Network, and Operations at Nuwa Capital.

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