Case Study: HEALiX Triples Revenue with Onramp Funds

HEALiX triples revenue and boosts advances 8x with Onramp Funds

Healix, a wellness company founded by Michael Browne that sells an infrared sauna blanket, faced a significant growth bottleneck. Their ability to acquire inventory was limiting their expansion, and they needed working capital to overcome this challenge. They partnered with Onramp Funds for a working capital solution due to Onramp's specific understanding of eCommerce.

The solution from Onramp Funds was a quick and personable process, resulting in eight separate advances. Healix allocated most of this capital towards inventory, which directly fueled their growth. Since partnering with Onramp Funds, Healix tripled its revenue and achieved a 140% year-over-year increase in sales for two consecutive years.

Healix