About Buddha Brands
Buddha Brands is a company based in Montreal (Canada) founded in 2010 by Mark Cigos.. Buddha Brands has raised $8.25 million across 2 funding rounds from investors including BDC, Fondaction and Invest Quebec. Buddha Brands operates in a competitive market with competitors including lovegoodfats, Multibar, ElevateMe, BiTE and Wise Bites, among others.
- Headquarter Montreal, Canada
- Founders Mark Cigos
-
Sectors
Consumer
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$8.25 M (USD)
in 2 rounds
-
Latest Funding Round
$5.25 M (USD), Series A
Oct 25, 2022
-
Investors
BDC
& 2 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Funding Insights of Buddha Brands
Buddha Brands has successfully raised a total of $8.25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $5.25 million completed in October 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 2
- Last Round Series A — $5.2M
-
First Round
First Round
(07 Jul 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series A - Buddha Brands | Valuation | Fondaction |
|
| Jul, 2021 | Amount | Seed - Buddha Brands | Valuation | BDC |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Buddha Brands
Buddha Brands has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include BDC, Fondaction and Invest Quebec. 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 |
|---|---|---|---|---|
|
Offers sustainable finance and REER for individuals and businesses.
|
Founded Year | Domain | Location | |
|
Business guidance for corporate companies and startups
|
Founded Year | Domain | Location | |
|
Commercial banking services for small and medium-sized enterprises are provided.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Buddha Brands
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Buddha Brands
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Buddha Brands Comparisons
Competitors of Buddha Brands
Buddha Brands 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 lovegoodfats, Multibar, ElevateMe, BiTE and Wise Bites, 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 |
brand of snacks bars
|
|
| domain | founded_year | HQ Location |
Nutritional and snack bars are manufactured and distributed in Canada.
|
|
| domain | founded_year | HQ Location |
Provider of men's and women's apparel
|
|
| domain | founded_year | HQ Location |
Brand of energy bars & cricket protein powder
|
|
| domain | founded_year | HQ Location |
Vegan bars are produced and sold by Wise Bites.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Buddha Brands
Frequently Asked Questions about Buddha Brands
When was Buddha Brands founded?
Buddha Brands was founded in 2010 and raised its 1st funding round 11 years after it was founded.
Where is Buddha Brands located?
Buddha Brands is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Is Buddha Brands a funded company?
Buddha Brands is a funded company, having raised a total of $8.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Jul 07, 2021.
What does Buddha Brands do?
Buddha Brands was established in 2010 in Montreal, Canada, with Mark Cigos serving as co-founder. Operations are centered on the snack food sector, where snack bars are manufactured and sold through various channels. The company maintains its headquarters in Montreal and focuses on product distribution primarily within Canada, supported by its online domain buddhabrands.com for broader reach. Core activities involve product development and retail partnerships in the health-oriented snack market.
Who are the top competitors of Buddha Brands?
Buddha Brands's top competitors include lovegoodfats, Multibar and ElevateMe.
Who are Buddha Brands's investors?
Buddha Brands has 3 investors. Key investors include BDC, Fondaction, and Invest Quebec.