Cannafeels

Canada Founded: 2020 • Age: 6 yrs Acquired By Halo
Provider of software solutions for cannabis users

About Cannafeels

Cannafeels is a company based in Canada founded in 2020 was acquired by Halo in September 2020.. Cannafeels operates in a competitive market with competitors including Cannacaopia, MJ Buddy, Terpli, medibles and Weedcolors, among others.

  • Headquarter Canada
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Halo

    (Sep 23, 2020)

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Funding Insights of Cannafeels

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 Cannafeels

Cannafeels has secured backing from 1 investor. Prominent investors backing the company include Halo Canna. 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.

All
Investor Description Founded Year Domain Location
Proprietary technology for cannabis extraction and manufacturing is 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 Cannafeels

Investments
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 - Cannafeels

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Cannafeels Comparisons

Employees
+
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Competitors of Cannafeels

Cannafeels 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 Cannacaopia, MJ Buddy, Terpli, medibles and Weedcolors, 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
Personalized cannabis strain recommendations are offered through a mobile app.
domain founded_year HQ Location
Offers an application for personalized strain recommendations.
domain founded_year HQ Location
Cannabis recommendations and reviews are facilitated via a mobile application.
domain founded_year HQ Location
Provides personalized CBD regimens and products for consumer health issues.
domain founded_year HQ Location
Mobile app for identifying cannabis strains, flavors, prices, and user connections.
domain founded_year HQ Location
Provides a tracking application for the cannabis community.
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 Cannafeels

Halo Completes the Acquisition of Cannafeels
Businesswire5 years ago

Frequently Asked Questions about Cannafeels

When was Cannafeels founded?

Cannafeels was founded in 2020.

Where is Cannafeels located?

Cannafeels is headquartered in Canada.

What does Cannafeels do?

Cannafeels was founded in 2020 in Canada as a provider of software solutions within the cannabis sector. An app is developed to enable users to track moods and symptoms across multiple displays, ensuring product quality assessment. Symptoms experienced by users can be selected and paired with suitable strains based on input data. Management of cannabis strains and their effects is facilitated through the platforms features.

Who are the top competitors of Cannafeels?

Cannafeels's top competitors include Terpli, Cannacaopia and MJ Buddy.

Who are Cannafeels's investors?

Cannafeels has 1 investor. Key investors include Halo Canna.

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