66. How He Raised $12M to Start a Wellness Business

James Li knows a thing or two about how to raise money for business startup expenses. He raised more than $12 million in three rounds of business funding to start Mighty Health. Since the app’s launch in 2019, it’s been downloaded by more than 220,000 people, and the funding they raised helped to drive that success. 

James wasn’t a healthcare expert before launching Mighty Health. He was inspired to start a wellness platform after watching his dad struggle to find fitness and wellness services designed for modern people over 50. The funding he raised helped him build a board of advisors with the expertise they needed, in turn building Mighty Health into the successful platform it is today. 

Entrepreneurs looking for small business funding usually don’t need the kind of capital required for Mighty Health, but that doesn’t make finding it any less of a challenge. James’ insights can help you overcome these challenges and secure the funding you need to hit the ground running with your new business. 

Resources

• https://bit.ly/3NGQnoe Join likeminded entrepreneurs in the community
• Mighty Health - Learn more about the company at their website

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