
Formula Care is owned by FJOR Nutrition, Inc., a privately held consumer health company incorporated in Delaware and led from the Netherlands. Founders Eugene Severenkov and Andrew Kopanev built the company around the earlier Keto Diet App and rebranded the product line as Formula in 2025 and 2026.
Parent Company
Founded
2024
Status
Private
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Formula Care | FJOR Nutrition, Inc. | Brand division |
The product line behind Formula Care started in 2018, when Eugene Severenkov and Andrew Kopanev founded the company that became FJOR Nutrition. Both founders came from technology backgrounds; Severenkov previously worked at Uber and Google. The company's first product was the Keto Diet App, an iOS application aimed at the United States keto and low-carb market.
The Keto Diet App performed well commercially. Company materials state it passed $20 million in cumulative sales, more than 5 million installs, and over 500,000 paid subscribers. That subscription revenue funded the company's expansion without large outside rounds; total disclosed funding is approximately $1.5 million.
As the keto category cooled and the company's ambitions broadened, the team consolidated its diet programs into a single product: Formula Care, marketed through the formula.care domain. The app covers carnivore, Mediterranean, anti-inflammatory, and cortisol detox nutrition plans, with photo-based food logging, barcode and voice entry, macro tracking, recipe libraries, and access to human diet coaches.
By 2025 the company had begun retiring the Fjor name in favor of Formula across public materials. In August 2026 it updated its payment descriptor to FORMULA CARE after the legacy FJOR NUTRITION INC label caused confusion on bank and PayPal statements. The Formula app holds a 4.5-star rating across about 36,000 App Store ratings and a 4.2-star rating on Google Play as of late 2026.
What does FJOR Nutrition own?
The company owns and operates two nutrition apps: Formula Care, its current flagship, and the Keto Diet App, its earlier flagship product. It also owns the formula.care and fjor.health domains and the associated subscription businesses.
Is FJOR Nutrition publicly traded?
No. FJOR Nutrition, Inc. is a privately held company. It has raised approximately $1.5 million in seed funding and remains controlled by its founders, Eugene Severenkov and Andrew Kopanev.
Who founded FJOR Nutrition?
Eugene Severenkov and Andrew Kopanev founded the company in 2018. Severenkov, the CEO, previously worked at Uber and Google. Kopanev serves as chief product officer. Both are based in Amsterdam.
Where is FJOR Nutrition headquartered?
The company is incorporated in Dover, Delaware, United States, at a registered-agent address. Its leadership works from Amsterdam, Netherlands, and its roughly 33 employees are distributed across about 11 countries.
How many brands does FJOR Nutrition own?
Two consumer products: Formula Care and the Keto Diet App. The Formula name is also replacing Fjor as the company's public-facing identity.
Who owns FJOR Nutrition?
The company is owned by its founders and its seed investors. Flint Capital is identified as an institutional investor. There is no parent company and no single outside entity holds a controlling stake.
As a software business, Formula Care has no physical product footprint. No independent sustainability certifications apply to the product. The company does not hold B Corp certification.
On consumer-facing ethics, the main consideration is billing transparency. The legacy FJOR NUTRITION INC descriptor confused customers who did not connect it to the Formula app, and the company acknowledged the problem directly in August 2026, changing the descriptor to FORMULA CARE and publishing a help-center article explaining how charges appear on bank statements.
No direct competitors found in the same category. This could be because Formula Careoperates in a unique market segment or we're still building our competitor database.
Looking for brands with different ownership structures? These similar brands are not owned by FJOR Nutrition, Inc., giving you alternative choices that support different corporate structures.
Technology SoftwareOwned by GoDaddy Inc.
The world's largest domain name registrar and a provider of websites, hosting, and AI tools for small businesses. Flagship brand of GoDaddy Inc., listed on the NYSE.
GoDaddy operates independently without a large parent corporation.
Technology SoftwareOwned by Hootsuite Inc.
Social media management dashboard used by millions of businesses, owned and developed by Hootsuite Inc., a private venture-backed company in Vancouver, Canada.
Hootsuite operates independently without a large parent corporation.
Technology SoftwareOwned by HubSpot, Inc.
AI-powered customer platform and CRM for mid-market businesses, developed and owned by HubSpot, Inc. of Cambridge, Massachusetts, a public company on the NYSE.
HubSpot operates independently without a large parent corporation.
Technology SoftwareOwned by MediaTek Inc.
Taiwanese fabless semiconductor brand behind Dimensity smartphone chips, the global leader in mobile SoC shipments by volume.
MediaTek operates independently without a large parent corporation.
Technology SoftwareOwned by Odoo S.A.
Belgian open-source business software suite offering integrated ERP, CRM, accounting, and e-commerce apps, valued near 10 billion euros in 2026.
Odoo operates independently without a large parent corporation.
Technology SoftwareOwned by Taimi
LGBTQ+ social networking and dating platform serving over 25 million users globally, founded in 2017 by Alex Pasykov.
Taimi operates independently without a large parent corporation.
Discover popular brands and companies in the Technology & Software category and related searches from other users.

Berlin-developed digital audio workstation for music production and live performance, created by Ableton AG and first released in 2001.

Free PDF viewing software developed by Adobe Inc., originally released in 1993. Acrobat Reader is the world's most widely used PDF reader, available on Windows, macOS, iOS, and Android.

PDF creation, editing, and document management software developed by Adobe Inc. Launched in 1993 alongside the PDF format. Now includes Acrobat Studio and AI Assistant features.