Restore designs an integrated wellness experience and proprietary protocols to improve consumers’ near- and long-term health, delivering expert guidance and an extensive array of modalities under one roof. Its core offerings include IV drip therapy, intramuscular shots, whole-body and localized cryotherapy, mild hyperbaric oxygen therapy, infrared sauna, red light therapy, compression, assisted stretching, HydraFacial and Cryoskin. Founded in 2015 in Austin, Texas, Restore is the largest retail provider of IV drips in the U.S. and operates proprietary cryotherapy chambers exclusive to its locations. The company has a predominantly franchised footprint of 115 locations across 34 states and employs over 2,400 people nationwide. In 2021 Restore was poised to deliver over 1.5 million services and reported system-wide sales growth of 158% year-over-year; the company aimed to open a new store on average every four days in 2022. Restore plans to use new capital to accelerate growth, deploy innovative technology, and scale its Hyper Wellness model to make preventive wellness more accessible. Restore Cryotherapy, co-founded in 2015 by Jim Donnelly and Steve Welch, operates storefronts that provide whole-body cryotherapy alongside IV drip, oxygen, compression and other wellness therapies. The company currently operates locations in Austin, Round Rock and Charlotte and plans additional openings in Lakeway, TX, Houston, TX and another Charlotte location. Whole-body cryotherapy involves short exposures to extremely cold temperatures and is used to reduce inflammation, increase cellular survival and decrease pain. Restore raised $1M in funding to support rapid expansion, aiming to grow from two stores to seven stores over the next six months. The funding will be used to scale its existing concepts and expand its geographic footprint across Texas and North Carolina.

Total raised

$141M

Funding rounds

2

Latest round

Equity

Latest activity

Dec 2021