About Budroom
Budroom is a company based in Ottawa (Canada) founded in 2019 was acquired by High Tide in January 2022.. Budroom operates in a competitive market with competitors including Auxly, TerrAscend, Green Tank Technologies, HEXO and Neptune Wellness, among others.
- Headquarter Ottawa, Canada
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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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Funding Insights of Budroom
| 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 Budroom
Budroom has secured backing from 1 investor. Prominent investors backing the company include High Tide. 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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Manufacturer of cannabis products
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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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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 Budroom
| 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 - Budroom
| 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 |
Budroom Comparisons
Competitors of Budroom
Budroom 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 Auxly, TerrAscend, Green Tank Technologies, HEXO and Neptune Wellness, 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 |
Platform for managing cannabis manufacturing operations is provided.
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| domain | founded_year | HQ Location |
Cannabis dispensaries are operated and medical products are retailed.
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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 |
Cannabis-based products are manufactured by HEXO in Canada.
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| domain | founded_year | HQ Location |
Manufacturer of cannabis products and retail services
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| domain | founded_year | HQ Location |
Retailer of diversified cannabis products
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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 Budroom
Frequently Asked Questions about Budroom
When was Budroom founded?
Budroom was founded in 2019.
Where is Budroom located?
Budroom is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
What does Budroom do?
Budroom was established in 2019 in Ottawa, Canada, within the cannabis retail sector. Operations are centered on offering a variety of cannabis products through the domain budroom.ca. Retail services include sales of diverse items such as strains, edibles, and accessories to customers across the region. Focus is placed on compliance with local regulations in the Canadian market.
Who are the top competitors of Budroom?
Budroom's top competitors include Auxly, TerrAscend and HEXO.
Who are Budroom's investors?
Budroom has 1 investor. Key investors include High Tide.