About Auxly
Auxly is a company based in Toronto (Canada) founded in 1987 by Ian Rapsey.. The company has 388 employees as of December 31, 2024. Auxly has completed 3 acquisitions, including Green Genetics, KGK Science and Robinsons Cannabis. Auxly operates in a competitive market with competitors including TerrAscend, Cresco Labs, Green Tank Technologies, Goodness Growth Holdings and HEXO, among others.
- Headquarter Toronto, Canada
- Employees 388 as on 31 Dec, 2024
- Founders Ian Rapsey
- 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
*********
- Legal Name Auxly Cannabis Group Inc.
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Annual Revenue
$85.02 M (USD)21.02as on Dec 31, 2024
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Net Profit
$-11.36 M (USD)63.27as on Dec 31, 2024
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EBITDA
$-5.31 M (USD)75.32as on Dec 31, 2024
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Latest Funding Round
$991.78 K (USD), Post-IPO
Feb 16, 2023
- Investors
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Employee Count
388
as on Dec 31, 2024
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Investments & Acquisitions
Green Genetics
& 2 more
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IPO & Listings of Auxly
Auxly is a publicly listed company on the TSX with ticker symbol XLY in Canada, operating in the Process industries 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.
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Funding Insights of Auxly
- Total Funding Total Funding
- Total Rounds 5
- Last Round Post-IPO — $991,781
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First Round
First Round
(02 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Post-IPO - Auxly | Valuation |
investors |
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| Jun, 2020 | Amount | Post-IPO - Auxly | Valuation |
investors |
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| Apr, 2020 | Amount | Post-IPO - Auxly | 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 |
Investors in Auxly
Auxly has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Imperial Brands. 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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Tobacco products are manufactured across traditional, next-generation, and accessory categories.
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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 Auxly
Auxly has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Green Genetics, KGK Science and Robinsons Cannabis. 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 research, testing, cultivation, and strains services are offered.
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2017 | ||||
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Brand of cannabis strain
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2017 | ||||
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CRO focused on preclinical trial studies services
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1997 |
| 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 - Auxly
| 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 |
Auxly Comparisons
Competitors of Auxly
Auxly 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 TerrAscend, Cresco Labs, Green Tank Technologies, Goodness Growth Holdings and HEXO, 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 |
Cannabis dispensaries are operated and medical products are retailed.
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| domain | founded_year | HQ Location |
Retailer of cannabis based products
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| domain | founded_year | HQ Location |
Private label vape products including vaporizers and cartridges are manufactured.
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| domain | founded_year | HQ Location |
Retailer of cannabis products
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| domain | founded_year | HQ Location |
Cannabis-based products are manufactured by HEXO in Canada.
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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 Auxly
Frequently Asked Questions about Auxly
When was Auxly founded?
Auxly was founded in 1987 and raised its 1st funding round 30 years after it was founded.
Where is Auxly located?
Auxly is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
How many employees does Auxly have?
As of Dec 31, 2024, the latest employee count at Auxly is 388.
What is the annual revenue of Auxly?
Annual revenue of Auxly is $85.02M as on Dec 31, 2024.
What does Auxly do?
Auxly was founded in 1987 in Toronto, Canada, as a provider of a platform for cannabis manufacturing operations. Investments and partnerships have been established with cultivators, product developers, and marketing professionals. Solutions for cultivation, financial management, and supply chain processes are offered to entities in the cannabis sector. Operations focus on industry-specific tools accessible via auxly.com.
Who are the top competitors of Auxly?
Auxly's top competitors include TerrAscend, Cresco Labs and HEXO.
Is Auxly publicly traded?
Yes, Auxly is publicly traded on TSX under the ticker symbol XLY.
How many acquisitions has Auxly made?
Auxly has made 3 acquisitions, including Green Genetics, KGK Science, and Robinsons Cannabis.
Who are Auxly's investors?
Auxly has 1 investor. Key investors include Imperial Brands.
What is Auxly's ticker symbol?
The ticker symbol of Auxly is XLY on TSX.