Aanika

Brooklyn, United States Founded: 2018 • Age: 8 yrs
Traceability solutions for agricultural products are provided using microbial-based tags.
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About Aanika

Aanika is a company based in Brooklyn (United States) founded in 2018.. Aanika has raised $14.5 million across 3 funding rounds from investors including Adit Ventures, Jon Cholak and Draper Associates. Aanika offers products and services including Warranties, Spray Drift, Product Contamination, and BioTag. Aanika operates in a competitive market with competitors including Hagerty, HDVI, Cover Whale, FoodLogiQ and Falcon Insurance Group, among others.

  • Headquarter Brooklyn, United States
  • Sectors
    Consumer
    Agriculture Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Aanika Biosciences, Inc.
Operational Areas
Consumer → Food, Beverage & Nutrition
Agriculture → Agricultural Technology & Innovation
Financial Services → Insurance & Risk Management
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $14.5 M (USD)

    in 3 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Aanika

Aanika offers a comprehensive portfolio of products and services, including Warranties, Spray Drift, Product Contamination, and BioTag. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tailored programs for retailers and manufacturers in agriculture.

Coverage for herbicide drift incidents in farming.

Insurance against foodborne pathogen risks in production.

Proprietary tool for enhancing risk management in food.

People of Aanika
Headcount 10-50
Employee Profiles 9
Board Members and Advisors 11
Employee Profiles
People
Vishaal Bhyuan
CEO
People
Jamie Richards
Head of Research and Development
People
Tamia Cline
Scientist

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Funding Insights of Aanika

Aanika has successfully raised a total of $14.5M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round

    (18 Feb 2020)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2022 Amount Series A - Aanika Valuation Adit Ventures
Nov, 2021 Amount Series A - Aanika Valuation Jon Cholak
Feb, 2020 Amount Seed - Aanika Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Aanika

Aanika has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Adit Ventures, Jon Cholak and Draper Associates. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital fund focused on growth equities
Founded Year Domain Location
Early-stage technology companies receive venture capital investments.
Founded Year Domain Location
Venture capital and accelerator services are provided across multiple sectors.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Aanika

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Aanika

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Aanika Comparisons

Employees
+
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Competitors of Aanika

Aanika operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Hagerty, HDVI, Cover Whale, FoodLogiQ and Falcon Insurance Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Automotive insurance solutions are provided to vehicle users.
domain founded_year HQ Location
Telematics-based data & monitoring solutions for auto insurers and fleet owners
domain founded_year HQ Location
Commercial truck insurance is provided for wholesale and retail sectors.
domain founded_year HQ Location
Provider of food traceability and safety solutions for food service chains
domain founded_year HQ Location
Auto insurance coverage is offered nationwide by Falcon Insurance Group.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Aanika

Frequently Asked Questions about Aanika

When was Aanika founded?

Aanika was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Aanika located?

Aanika is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.

Is Aanika a funded company?

Aanika is a funded company, having raised a total of $14.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Feb 18, 2020.

What does Aanika do?

Aanika was founded in 2018 and is based in Brooklyn, United States. Microbial-based tags are developed and supplied for tracing agricultural products throughout the supply chain. Customized solutions are offered to agribusinesses, enabling insights into product origins and handling. Operations center on biotechnology applications within the agricultural sector, supporting traceability from farm to consumer.

Who are the top competitors of Aanika?

Aanika's top competitors include Hagerty, HDVI and Cover Whale.

What products or services does Aanika offer?

Aanika offers Warranties, Spray Drift, Product Contamination, and BioTag.

Who are Aanika's investors?

Aanika has 4 investors. Key investors include Adit Ventures, Jon Cholak, Draper Associates, and SOSV.

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