About Abacus Health Products
Abacus Health Products is a company based in Woonsocket (United States) founded in 2014 was acquired by Charlotte's Web in March 2020.. Abacus Health Products has raised $20.63 million across 4 funding rounds from investors including Charlotte's Web, Eight Capital Management and Haywood Securities. Abacus Health Products has completed 1 acquisition, including Harmony Hemp.
- Headquarter Woonsocket, United States
- Stage Public
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20.63 M (USD)
in 4 rounds
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Latest Funding Round
$15 M (USD), Series B
Jan 29, 2019
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Investors
Charlotte's Web
& 2 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Charlotte's Web
(Mar 23, 2020)
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Funding Insights of Abacus Health Products
Abacus Health Products has successfully raised a total of $20.63M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $15 million completed in January 2019. 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 Funding
- Total Rounds 4
- Last Round Series B — $15.0M
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First Round
First Round
(31 Aug 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Series B - Abacus Health Products | Valuation |
investors |
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| Jan, 2019 | Amount | Series A - Abacus Health Products | Valuation |
investors |
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| Sep, 2018 | Amount | Debt – Conventional - Abacus Health Products | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Abacus Health Products
Abacus Health Products has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Charlotte's Web, Eight Capital Management and Haywood Securities. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments in tech startups, leveraging financial expertise for innovation.
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Founded Year | Domain | Location | |
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Haywood Securities is engaged in providing investment banking and financial services.
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Founded Year | Domain | Location | |
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Botanical products including gummies, oils, capsules, and topicals are retailed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Abacus Health Products
Abacus Health Products has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Harmony Hemp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Brand of hemp based health care products
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Abacus Health Products
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Abacus Health Products Comparisons
Competitors of Abacus Health Products
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Abacus Health Products
Frequently Asked Questions about Abacus Health Products
When was Abacus Health Products founded?
Abacus Health Products was founded in 2014 and raised its 1st funding round 4 years after it was founded.
Where is Abacus Health Products located?
Abacus Health Products is headquartered in Woonsocket, United States. It is registered at Woonsocket, Rhode Island, United States.
Is Abacus Health Products a funded company?
Abacus Health Products is a funded company, having raised a total of $20.63M across 4 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $12.27M, raised on Aug 31, 2018.
What does Abacus Health Products do?
Abacus Health Products was founded in 2014 in Woonsocket, United States, as a subsidiary of Aidance Scientific. Operations center on the health products sector, where cannabinoid-based solutions are created for pain management. A range of over-the-counter topical analgesics infused with cannabidiol is being developed to address relief needs. The companys domain, abacushp.com, supports its activities in this specialized area.
How many acquisitions has Abacus Health Products made?
Abacus Health Products has made 1 acquisition, including Harmony Hemp.
Who are Abacus Health Products's investors?
Abacus Health Products has 3 investors. Key investors include Charlotte's Web, Eight Capital Management, and Haywood Securities.