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Elvie - About the company

Elvie is an acquired company based in London (United Kingdom), founded in 2013 by Alexander Asseily, Tania Aube, Jasmine Boler and Jean-David Aube. It operates as an Internet first brand offering wearable breast pumps. Elvie has raised $158M in funding from investors like IPGL, Octopus Ventures and BGF, with last known valuation of £15.9M. The company has 3 active competitors, including 1 that has exited. Its top competitors include companies like MilkStripUK, Fraupow and Cibus Health.

Company Details

Internet first brand offering wearable breast pumps. The portable wearable breast pump is worn inside a nursing bra for allowing women to pump milk, anywhere and anytime. The device is compatible with both Android and iOS devices and allows users to monitor milk volume in real-time, track pumping history for each breast and control the pump remotely.
Social
TwitterFacebook
Email ID
*****@elvie.com, *****@elvie.com
Phone Number
+44 **********
Key Metrics
Founded Year
2013
Location
Stage
Acquired
Total Funding
$158M in 5 rounds
Latest Funding Round
Last Known Valuation
£15.9M as on Sep 15, 2023
Investors
Ranked
Annual Revenue
£77.8M as on Dec 31, 2022
Employee Count
243 as on Dec 31, 2022
Similar Companies
Exit Details
Acquired by Willow (Mar 28, 2025)
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Elvie's acquisition details

Elvie got acquired by Willow on Mar 28, 2025.
Click here to take a look at Elvie's acquisition in detail

Elvie's funding and investors

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Elvie has raised a total funding of $158M over 5 rounds. Its first funding round was on Mar 22, 2017.

Elvie has 18 institutional investors including IPGL, Octopus Ventures and BGF. Lars Rasmussen and 8 others are Angel Investors in Elvie.

Here is the list of recent funding rounds of Elvie:
Date of funding
Funding Amount
Round Name
Post money valuation
Revenue multiple
Investors
Apr 26, 2024
$12M
Series C
2736242
8812987
-
Sep 07, 2021
$17.6M
Series C
6590713
9086202
Jul 27, 2021
$80M
Series C
8008716
3119951
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Elvie's founders and board of directors

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Here are the details of Elvie's key team members:

Elvie's Board of Directors

Elvie's board has 4 active members. Alexander Asseily, Tania Aube and Simon King are part of team and Samantha Wren is independent board member.
Here is the list of Elvie's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 7m
Team
-
Current
12y 1m
Investor
Octopus Ventures
Current
8y 6m
{bdkklv
Investor
-
Past
5y 3m
Independent board member
-
Current
6y 2m
uztgktz
Independent board member
-
Past
8y 1m

Elvie's employee count trend

Elvie has 243 employees as of Dec 22. The total employee count is 9.0% more than what it was in Dec 21. Here is Elvie's employee count trend over the years:
Employee count trend for Elvie
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Elvie's Competitors and alternates

Top competitors of Elvie include MilkStripUK, Fraupow and Cibus Health. Here is the list of Top 10 competitors of Elvie, ranked by Tracxn score:
Overall Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Elvie
Elvie
2013, London (United Kingdom), Acquired
Internet first brand offering wearable breast pumps
$158M
75/100
2nd
Logo for MilkStripUK
MilkStripUK
2017, Leeds (United Kingdom), Unfunded
Developer of diagnostic test kits for breast milk
-
-
18/100
3rd
Logo for Fraupow
Fraupow
2020, London (United Kingdom), Unfunded
Internet first brand offering breast pumps for mothers
-
-
18/100
4th
Logo for Cibus Health
Cibus Health
2012, Oxford (United Kingdom), Deadpooled
Provider of smart bottles for monitoring baby feeding quality
-
-
9/100
5th
Logo for Bristol Stool Chart
Bristol Stool Chart
2010, Lanark (United Kingdom), Deadpooled
Provider of mobile app to manage bowel movements
-
-
9/100
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Elvie's Investments and acquisitions

Elvie has made no investments or acquisitions yet.

Reports related to Elvie

Here is the latest report on Elvie's sector:

News related to Elvie

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Media has covered Elvie for a total of 8 events in the last 1 year, 6 of them have been about company updates.
Scottish inventor launches baby bottle washerInsiderNov 28, 2024Elvie
FemTech Brand Elvie Launches Newest Breast PumpPR NewswireOct 29, 2024Elvie
Fem-tech brand, Elvie, builds DTC performance with WunderkindDirect Commerce Association (DCA)Dec 15, 2023Wunderkind, Elvie
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FAQ's about Elvie

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