PBN 2021 Fastest Growing Companies Awards
$250,000 – $5 million: 4. Luna Pharmaceuticals Inc.
CEO (or equivalent): Dan Aziz, founder and CEO
2020 Revenue: $4.4 million
2018 Revenue: $1.2 million
Revenue growth: 265.8%
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Luna Pharmaceuticals Inc., doing business as Premama Inc., a pre- and post-natal supplement company in Providence, attributes its recent revenue growth to a “pivot to direct-to-consumer.”
“We realized in 2017 that succeeding at retail was very costly and difficult as a new brand,” said CEO Dan Aziz, who founded the company in 2011. “We pivoted our marketing efforts to drive to our website, so we could better control the customer experience and better understand the return on our marketing dollars invested.”
This year has seen strong growth in retail, brought on by Whole Foods Inc. and high Amazon.com Inc. sales.
Aziz is optimistic about the future.
“We just launched an at-home sperm test this April, and have a new, patented ovulation and pregnancy test coming out this winter,” he said. “We are also investing more in our community and education so we can be the No. 1 source for new parents on the journey to starting a family.”
