
Ritual
Ritual is a health and technology company that has reinvented the vitamin for a healthier future.
USD | 2021 | 2022 | 2023 |
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Revenues | 0000 | 0000 | 0000 |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Ritual is a health and wellness startup that specializes in producing high-quality, traceable multivitamins. The company operates in the nutraceutical market, which includes dietary supplements and functional foods. Ritual's primary clients are health-conscious individuals, including women, men, and expectant mothers, who are looking for reliable and transparent vitamin supplements.
Ritual differentiates itself by offering a fully traceable supply chain, meaning they disclose the sources of their ingredients, the studies backing their products, and the suppliers involved. This level of transparency is rare in the industry and appeals to skeptical consumers who demand to know exactly what they are putting into their bodies.
The company’s product line includes multivitamins tailored for different demographics: women aged 18 and over, men aged 18 and over, and prenatal vitamins for pregnant women. All products are vegan-friendly, gluten-free, non-GMO, and free from artificial colorants and synthetic fillers. Ritual emphasizes scientific rigor, using research on diets and genetics to formulate their vitamins with essential nutrients like D3 and Omega-3.
Ritual operates on a direct-to-consumer business model, primarily selling its products through its website. Customers can purchase individual bottles or opt for subscription plans, which offer the convenience of regular deliveries and the flexibility to cancel anytime. This model ensures a steady revenue stream and fosters customer loyalty.
The company generates revenue through the sale of its multivitamins and offers additional options like bundles and gift cards. Ritual also provides free shipping, enhancing its appeal to online shoppers.
In summary, Ritual is a forward-thinking company in the nutraceutical industry, committed to transparency, scientific integrity, and customer convenience.
Keywords: multivitamins, traceable, transparency, nutraceutical, direct-to-consumer, subscription, vegan-friendly, gluten-free, non-GMO, scientific.