Innovative Birmingham-based nutrition firm Rem3dy Health has been recognised in the first ever “Sunday Times 100 Tech: Britain's fastest-growing private technology companies” list.
The new rankings were compiled by the newspaper’s business reporters and private company data source, Beauhurst. They include firms that either sell their own proprietary technology or have developed technology that is vital in delivering their products or services.
Rem3dy Health features in the hardware category for its use of patented 3D printing, developed in-house, to create vitamin and mineral gummies under its Nourished brand. A second category recognises the use of software. The Sunday Times notes that the company is also one of Britain's 100 fastest-growing private tech companies. In the last three years of trading. Its revenues have increased by an average of 100.04% per annum to £7.6 million.
Nourished produces personalised gummies with nutrients in millions of combinations, along with specific products for the likes of menopause, energy, sleep, slimming support and immunity. They are created using patented the 3D-printing technology which was developed in-house.
Founded by registered nutritionist Melissa Snover in 2019, Nourished has sold more than 53 million units worldwide and is now available in the US, Japan, France and Italy. It recently expanded into Greece, Spain, Belgium and Switzerland too, where it is sold in more than 10,000 pharmacies.
“We are thrilled to be included on this prestigious list,” said Melissa Snover, who is now Rem3dy Health CEO. “It recognises the huge growth we have achieved since we started, just over five years ago. We have evolved from a previously untried nutrition concept into a truly international company that has a unique place in the wellness sector.
"Personalised nutrition is fast gaining popularity among consumers, particularly younger generations, and is set to grow by more 16% a year globally by 2030. Nourished is brilliantly placed to ride this wave and reach new heights.
Last year, Melissa was awarded one of ten places on the Department of Trade’s inaugural Female Founders initiative, which recognises the most promising female-led UK companies and provides them with access to international investors. In 2020, she set the record for the highest-ever seed-funding round by a UK female founder, for Rem3dy Health.
