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Cymbiotika, San Diego, California: Cymbiotika

Company: Cymbiotika, San Diego, CA
Nomination Submitted by: Cymbiotika LLC
Company Description: With the motto, “get to the root of your health,” Cymbiotika is founded on the belief that the first step in maintaining a healthy lifestyle is reintroducing vital nutrients into your body. Cymbiotika aims to gradually improve your wellbeing by filling the nutritional gaps caused by modern-day diets. Cymbiotika uses the most advanced bioavailable absorption technology and sources only the highest
Nomination Category: Company / Organization Categories
Nomination Sub Category: Company of the Year - Consumer Products - Non-Durables - Small
2023 Stevie Winner Nomination Title: Cymbiotika
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the achievements of the nominated organization since January 1 2021, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

     

  3. If you are providing written answers for your submission, you must provide an answer to this first question: Briefly describe the nominated organization: its history and past performance (up to 200 words):

    Total 121 words used.

    Cymbiotika is an innovative wellness brand founded in 2017. Since its opening, the company's growth has skyrocketed due to the team's commitment to helping people reclaim their health and well-being through education, transparency, and nutrition. 

    In 2019, Cymbiotika started with just nine employees and brought in $1.2 million in revenue. By the end of 2021, the team had grown to 42 employees and generated $14 million in revenue. We anticipate generating $41 million in revenue by the end of 2022.

    While consumers can find our products in over 270 stores, our goal is to expand to other global and US distributors like Mom’s Market, Erewhon, and Jimbo’s. We look forward to making an impact and helping people reclaim their health.

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Outline the organization's achievements since the beginning of 2021 that you wish to bring to the judges' attention (up to 250 words):

    Total 156 words used.

    Since 2021, Cymbiotika has seen massive growth on both national and international levels. In 2021, we opened our first fulfillment center in Canada. To keep up with this momentum, we plan on launching our new website and fulfillment center in the United States Emirates (UAE). 

    In 2022, Cymbiotika expanded its headquarters into a beautiful 10,000 square feet building and a new fulfillment center with over 10,000 square feet. With this new space, Cymbiotika transitioned to an in-house call center, prioritizing its customers' needs, and created the first proprietary subscription custom bundle platform in the industry. 

    Some awards our company has received: The Stevie Gold and Silver Awards in 2021 and 2022; being named Inc. 5000 Fastest Growing Companies Inc.; Regional's Fastest Growing Companies in the Pacific Region in 2022; 2022 Best Workplaces in Retail Finalist; San Diego Business Journal Best Places To Work 2022; Fortune's Best Places to Work in Retail, and much more.

  5. If you are providing written answers for your submission, you must provide an answer to this third question: Explain why the achievements you have highlighted are unique or significant. If possible compare the achievements to the performance of other players in your industry and/or to the organization's past performance (up to 250 words):

    Total 161 words used.

    When comparing Cymbiotika's ingredients to other wellness companies, it is clear that Cymbiotika strives to go above and beyond only to source the highest-quality ingredients. Unlike other supplement brands, Cymbiotika never uses fillers, toxins, or artificial ingredients in its products. Cymbiotika's supplements are sourced from only the highest quality plant-based ingredients and utilize the most advanced absorption technology.

    Cymbiotika is also one of the first supplement companies to utilize liposomal technology. Unlike other wellness brands that use the traditional pill/capsule form, we encapsulate our supplements in liposomes, which allow the body to get the nutrients it needs faster and more efficiently. We currently have seven liposomal products, with plans to come out with more in the forthcoming year.

    Over the last year, Cymbiotika has increased revenue by 262%. Cymbiotika’s churn rate has decreased significantly from 27.4% to 16.2% in 2022. The average churn rate for a subscription-based company is 20% while Cymbiotika’s is 16%, 4% above the average competitor.

  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

     

Attachments/Videos/Links:
Cymbiotika
PDF [REDACTED FOR PUBLICATION]
DOCX [REDACTED FOR PUBLICATION]