About Blume
Blume is a company based in Vancouver (Canada) founded in 2017. It operates as a Direct-to-Consumer (D2C). Blume has raised $1.55 million across 1 funding round from investors including Ethan Song, Mike Fata and Judy Brooks. Blume offers products and services including SuperBelly and Superfood Lattes. Blume operates in a competitive market with competitors including Natunola Health Biosciences, Naledo, WAFU, Splendor Garden and Ekacan, among others.
- Headquarter Vancouver, Canada
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Sectors
Consumer
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Phone
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Website
*********
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Social
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- Legal Name Blume Supply Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.55 M (USD)
in 1 rounds
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Latest Funding Round
$1.55 M (USD), Seed
Jul 20, 2022
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Investors
& 3 more
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Employee Count
Employee Count
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Products & Services of Blume
Blume offers a comprehensive portfolio of products and services, including SuperBelly and Superfood Lattes. 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.
A hydration powder supporting gut health with probiotics.
Coffee alternatives supporting energy and sleep with superfoods.
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Funding Insights of Blume
Blume has successfully raised a total of $1.55M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.55 million completed in July 2022. 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 1
- Last Round Seed — $1.5M
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First Round
First Round
(20 Jul 2022)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Seed - Blume | Valuation | Ethan Song , Mike Fata |
| 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 Blume
Blume has secured backing from 4 investors, including angel investors. Prominent investors backing the company include Ethan Song, Mike Fata and Judy Brooks. 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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ES
Ethan Song |
Indian angel investor focusing on early-stage tech startups.
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Founded Year | Domain | Location |
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MF
Mike Fata |
Canadian entrepreneur, angel investor, focused on health and wellness startups.
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Founded Year | Domain | Location |
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JB
Judy Brooks |
Angel investor focusing on Indian startups, background in tech and innovation.
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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 Blume
| 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 |
Financial Statements - Blume
| 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 |
Blume Comparisons
Competitors of Blume
Blume 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 Natunola Health Biosciences, Naledo, WAFU, Splendor Garden and Ekacan, 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 |
Singapore Pools lottery results and data are provided.
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| domain | founded_year | HQ Location |
Turmeric paste is branded and marketed by Naledo in Canada.
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| domain | founded_year | HQ Location |
Mayonnaise and salad dressings are branded and distributed by WAFU.
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| domain | founded_year | HQ Location |
Spices and herbs are branded and distributed by Splendor Garden.
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| domain | founded_year | HQ Location |
Offers import-export data services and sells spices, rice, and tea worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Blume
Frequently Asked Questions about Blume
When was Blume founded?
Blume was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is Blume located?
Blume is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is Blume a funded company?
Blume is a funded company, having raised a total of $1.55M across 1 funding round to date. The company's 1st funding round was a Seed of $1.55M, raised on Jul 20, 2022.
What does Blume do?
Blume is involved in the creation and distribution of health-focused beverage products, including SuperBelly, a gut-building hydration powder with probiotics, and Superfood Lattes as coffee alternatives for energy and sleep support. The company operates within the functional foods sector, emphasizing plant-based, low-sugar solutions for wellness. Products are developed with nutritional expertise and cater to consumers seeking gut health and hydration benefits.
Who are the top competitors of Blume?
Blume's top competitors include Natunola Health Biosciences, Naledo and WAFU.
What products or services does Blume offer?
Blume offers SuperBelly and Superfood Lattes.
Who are Blume's investors?
Blume has 4 investors. Key investors include Ethan Song, Mike Fata, Judy Brooks, and Jerin Mece.