Algocare 알고케어

Algocare 알고케어 is a South Korean health and nutrition startup founded in 2019. Dedicated to revolutionizing the concept of dietary supplements and transforming consumption habits, the company aims to empower individuals to take charge of their health. Algocare's mission is to create a world where everyone has the knowledge and ability to self-care for their well-being.

Through its innovative approach, Algocare offers a Nutrition-as-a-Service (NaaS) platform, leveraging advanced algorithms to provide personalized nutrition management. The company has developed a range of 8 types of Algocare Nutrition Bottles, each containing micro-nutrients that can be combined in real-time using the IoT-based Algocare Nutrition Engine. This proprietary technology enables Algocare to cater to the diverse nutritional needs of an estimated 8 billion global population.

Additionally, Algocare has ventured into the B2B space with its Algocare at Work program, targeting office environments where nutrition directly impacts productivity. By addressing the nutritional well-being of employees and combating presenteeism, the company offers a solution that contributes to tangible improvements in workforce productivity.

The latest significant milestone for Algocare is the KRW15.00B Series A investment on 14 March 2024, with participation from prominent investors including Company K Partners, L&S Venture Capital, Industrial Bank of Korea, Murex Partners, Stassets Investment, Maple Investment Partners, and JB인베스트먼트. This substantial investment underscores the recognition and support the startup has garnered within the industry.