Soulgenic app secures £500k funding

Friday 12 July 2019

A local health and wellness app has secured funding from three of Jersey’s most successful entrepreneurs to help grow the business internationally.

Aaron Chatterley (Feelunique), Richard Goulding (Play.com) and Nigel Le Quesne (JTC PLC) have backed Jersey start-up Soulgenic with funding of £500,000.

Founder and CEO Glenda Rivoallan started the company in late 2016 from a desk at Digital Jersey. Since then, the company has grown to operate from a 10,000 sq ft head office, which also operates as a working health club and wellness centre.

Soulgenic’s digital platform is based around four key pillars of wellbeing: fitness, nutrition, mind-body (yoga and mindfulness) and general health. It is now generating revenue.

Pictured: Soulgenic Founder, Glenda Rivoallan.

“It has been an exciting road to get Soulgenic to where we are today and we are thrilled to have been able to attract investment from such high calibre, experienced investors, it really is a testament to the quality of the product that we have built," Mrs Rivoallan said. "For me, it isn’t just about the funding, it is imperative that we work with people who have been there before and succeeded on a global scale.

"Our investor group have done just that with their previous businesses and we are incredibly proud that they have shown belief in not just us as a team but also with the future plans for Soulgenic. These truly are exciting times for the company.”

Aaron Chatterley Founder of FeelUnique, who is one of the trio of investors and who will sit on the board, added: “Soulgenic aims to solve a problem by providing an anytime anywhere wellbeing solution to help corporate organisations ensure their staff are both physically and mentally healthy and fit for work. We firmly believe that Soulgenic can become a household name in corporate wellbeing solutions and for that reason we are delighted to provide the necessary funding for their exciting growth plans.“