About Allied Health
Allied Health is a company based in Kelowna (Canada) founded in 2019 by Calum Hughes.. Allied Health has raised $1.35 million across 9 funding rounds. The company has 15 employees as of August 31, 2024. Allied Health has completed 1 acquisition, including Pacific Sun Fungi. Allied Health operates in a competitive market with competitors including Heritage Cannabis Holdings, FSD Pharma, Harvest One, Chemistree and Scientus Pharma, among others.
- Headquarter Kelowna, Canada
- Employees 15 as on 31 Aug, 2024
- Founders Calum Hughes
- Stage Public
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Allied Corp.
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Annual Revenue
$96.18 K33.41as on Aug 31, 2024
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Net Profit
$-3.98 M62.75as on Aug 31, 2024
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EBITDA
$-2.61 M60.94as on Aug 31, 2024
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Total Equity Funding
$1.35 M (USD)
in 9 rounds
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Latest Funding Round
$384.61 K (USD), Post-IPO
Nov 13, 2024
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Investors
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Employee Count
15
as on Aug 31, 2024
- Investments & Acquisitions
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IPO & Listings of Allied Health
Allied Health is a publicly listed company on the OTC with ticker symbol ALID in USA, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Allied Health
Allied Health has successfully raised a total of $1.35M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $384.61 thousand completed in November 2024. 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 9
- Last Round Post-IPO — $384,608
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First Round
First Round
(20 May 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Post-IPO - Allied Health | Valuation |
investors |
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| Oct, 2024 | Amount | Post-IPO - Allied Health | Valuation |
investors |
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| Aug, 2024 | Amount | Post-IPO - Allied Health | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Allied Health
Allied Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pacific Sun Fungi. 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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Organic, vegan, non-GMO medicinal products are manufactured from fungi.
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2020 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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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.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Allied Health
| 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 |
Allied Health Comparisons
Competitors of Allied Health
Allied Health 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 Heritage Cannabis Holdings, FSD Pharma, Harvest One, Chemistree and Scientus Pharma, 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 |
Provider of medical cannabis
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| domain | founded_year | HQ Location |
Cannabis company engaged in cultivation, processing, and manufacturing related activities
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| domain | founded_year | HQ Location |
Cannabis products are produced and supplied through subsidiaries.
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| domain | founded_year | HQ Location |
Developer of vertically integrated cannabis assets
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| domain | founded_year | HQ Location |
Medicinal cannabinoid derivatives are developed and commercialized for pharmaceutical use.
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| 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 Allied Health
Frequently Asked Questions about Allied Health
When was Allied Health founded?
Allied Health was founded in 2019.
Where is Allied Health located?
Allied Health is headquartered in Kelowna, Canada. It is registered at Kelowna, British Columbia, Canada.
Who is the current CEO of Allied Health?
Calum Hughes is the current CEO of Allied Health. They have also founded this company.
Is Allied Health a funded company?
Allied Health is a funded company, having raised a total of $1.35M across 9 funding rounds to date. The company's 1st funding round was a Post-IPO of $1.3M, raised on May 20, 2019.
How many employees does Allied Health have?
As of Aug 31, 2024, the latest employee count at Allied Health is 15.
What is the annual revenue of Allied Health?
Annual revenue of Allied Health is $96.18K as on Aug 31, 2024.
What does Allied Health do?
Allied Health was founded in 2019 and is based in Kelowna, Canada. Operations focus on the production of medicinal cannabis within the health and wellness sector. The company is led by founder and CEO Calum Hughes. Activities center on cultivating and supplying cannabis products for medical purposes, with distribution handled through the domain allied.health. Geographic emphasis remains on Canadian markets.
Who are the top competitors of Allied Health?
Allied Health's top competitors include Heritage Cannabis Holdings, Scientus Pharma and Chemistree.
Is Allied Health publicly traded?
Yes, Allied Health is publicly traded on OTC under the ticker symbol ALID.
How many acquisitions has Allied Health made?
Allied Health has made 1 acquisition, including Pacific Sun Fungi.
What is Allied Health's ticker symbol?
The ticker symbol of Allied Health is ALID on OTC.