About Budly
Budly is a company based in Los Angeles (United States) founded in 2014 was acquired by MYM Nutraceuticals in January 2018.. Budly operates in a competitive market with competitors including Eaze, Jane Technologies, MG Creative, Grassp and Speed Weed, among others.
- Headquarter Los Angeles, United States
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Sectors
Retail
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
MYM Nutraceuticals
(Jan 05, 2018)
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Funding Insights of Budly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Budly
Budly has secured backing from 1 investor. Prominent investors backing the company include MYM Nutraceuticals. 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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Design-build services for cannabis cultivation facilities are provided.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Budly
| 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 - Budly
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Budly Comparisons
Competitors of Budly
Budly 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 Eaze, Jane Technologies, MG Creative, Grassp and Speed Weed, 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 |
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Hyperlocal delivery of marijuana products and consultations are facilitated.
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Platform offering cannabis products
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Brand of cannabis smoking products
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Medical cannabis delivery is facilitated on-demand via a mobile app.
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Provides medical marijuana delivery services in Los Angeles and Orange County.
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Manufactures cannabis flower, vapes, and extracts for retail and dispensaries.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Budly
Frequently Asked Questions about Budly
When was Budly founded?
Budly was founded in 2014.
Where is Budly located?
Budly is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
What does Budly do?
Budly provides an online platform for ordering and delivery of medical marijuana. Customers need to submit a photo of medical recommendation issued by a doctor while signing up on the platform. After signup, customers can create an order and Budly delivers the order to customers premises. It claims to have delivered over 100K orders and has 15K customers as of April 2017. The platform is also available as a mobile application for iOS and Android.
Who are the top competitors of Budly?
Budly's top competitors include Eaze, Jane Technologies and Grassp.
Who are Budly's investors?
Budly has 1 investor. Key investors include MYM Nutraceuticals.