Delos Receives Equity Investment

Delos_LogoDelos, a NYC-based wellness real estate and technology company, completed an equity investment of undisclosed amount.

The round was led by Jeff Vinik and Cascade Investment with participation from China-based Sino Ocean Land Holding Limited and a number of other investors.

The company intends to use the funds for strategic growth of its various business lines including the International WELL Building Institute™, its wholly owned subsidiary, Delos’ Signature Programs division, Delos Labs, Delos Ventures, Delos Solutions and its collaboration with Mayo Clinic on the Well Living Lab, as well as to support its global growth and expansion plans.

Led by Founder and CEO Paul Scialla, Delos provides solutions that combines innovations in technology, health, science, and real estate to place health and wellness at the center of design and construction decisions of homes, offices, schools, and other indoor environments.
The platform includes programming, consulting, research, and innovative products and technologies that research suggests may improve occupant well-being.

Launched in 2009, Delos has pioneered the WELL Building Standard® (WELL), which is the first building standard to focus on enhancing people’s health and well-being through the built environment, and founded the International WELL Building Institute to administer WELL globally. To date, the program has enrolled approximately 20 million square feet of building projects in twelve countries.

Earlier this month, in partnership with Mayo Clinic, the company opened the Well Living Lab, which is the first scientific center to use human-centered research to understand the interaction between health and well-being and indoor environments. Located adjacent to the campus of Mayo Clinic in Rochester, Minn., the Lab will provide insights regarding the real-world impact of indoor environments on human health and well-being, and generate evidence-based information that can be used in practical ways to create healthier indoor spaces.

FinSMEs

21/10/2015

 

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