About Althea
Althea is a company based in Melbourne (Australia) founded in 2017. It operates as a Direct-to-Consumer (D2C), and B2B2C. Althea has completed 1 acquisition, including Peak Processing Solutions. Althea offers products and services including Medicinal Cannabis.
- Headquarter Melbourne, Australia
- Stage Public
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Althea Company Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$7.72 M (USD), Post-IPO
Aug 26, 2021
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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IPO & Listings of Althea
Althea is a publicly listed company on the ASX with ticker symbol AGH in Australia, 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.
Products & Services of Althea
Althea offers a comprehensive portfolio of products and services, including Medicinal Cannabis. 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.
Pharmaceutical-grade medicinal cannabis products are supplied to patients.
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Funding Insights of Althea
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $7.7M
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First Round
First Round
(26 Aug 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2021 | Amount | Post-IPO - Althea | 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 Althea
Althea has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Peak Processing Solutions. 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
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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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Cannabis market analysis services are provided to industry stakeholders.
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2019 |
| 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 - Althea
| 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 |
Althea Comparisons
Competitors of Althea
| 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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Frequently Asked Questions about Althea
When was Althea founded?
Althea was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Althea located?
Althea is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Althea?
Joshua Fegan is the current CEO of Althea.
What does Althea do?
Althea is established as a licensed producer, supplier, and exporter of pharmaceutical-grade medicinal cannabis, operating within highly regulated markets such as Australia, the United Kingdom, and Ireland. The company is publicly listed on the Australian Securities Exchange under the ticker AGH. A range of education, access, and management services are provided to support eligible patients and healthcare professionals in navigating medicinal cannabis treatment pathways. Expansion into emerging markets throughout Europe is planned. Commitment to quality is maintained through strict control standards ensuring consistency in all medicinal cannabis products supplied.
What products or services does Althea offer?
Althea offers Medicinal Cannabis.
Is Althea publicly traded?
Yes, Althea is publicly traded on ASX under the ticker symbol AGH.
How many acquisitions has Althea made?
Althea has made 1 acquisition, including Peak Processing Solutions.
What is Althea's ticker symbol?
The ticker symbol of Althea is AGH on ASX.
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