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Eurazeo Invests $75 Million In Jaanuu, A Premium, High Growth Medical Apparel Brand

Jan 11, 2022•over 3 years ago

Amount Raised

$75 Million

Consumer Goods

Description

Eurazeo, a leading global investment group with a diversified portfolio of $30 billion in assets under management, today announced a $75 million minority investment in Jaanuu, Inc. (“Jaanuu”), a direct-to-consumer designer and manufacturer of premium, performance-oriented medical apparel and accessories. Jaanuu is one of the fastest growing brands in the multi-billion dollar medical apparel market as a result of its innovative designs which deliver maximum functionality and comfort. Eurazeo’s investment brings Jaanuu’s total capital raised since its founding to approximately $100 million.

Company Information

Company

Jaanuu

About

Jaanuu is a physician-led brand that designs innovative healthcare apparel to fuel the body and nourish the mind by incorporating performance, style and empowerment. Co-founded in 2013 by Dr. Neela Sethi Young and her brother and former private equity investor Shaan Sethi, the mission of Jaanuu is centered around achieving greatness in life, or "Jaan" in Hindi, through a mind-body connection. With a practicing Pediatrician at the helm, Jaanuu is deeply in tune with the challenging journey of a healthcare professional. Through science-backed data, proprietary technologies and antimicrobial-finished fabrics, Jaanuu creates apparel and accessories that empower healthcare professionals to look, feel, and perform their best. For more information, visit www.jaanuu.com, and follow Jaanuu on Instagram, Facebook and Twitter @JaanuuByDrNeela.

Funding Insights

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