About Ditch Labs
Ditch Labs is a company based in Montreal (Canada) founded in 2020 by Laurent Laferrière and Olivier Bourbonnais. Ditch Labs has raised $2.65 million across 2 funding rounds from investors including Meditrial, Amplify Capital and Anges Québec. Ditch Labs offers products and services including DitchPen® and Digital Therapeutic App. Ditch Labs operates in a competitive market with competitors including Hale, NicoTrax, NiQuitin, nuumi and Nicotex, among others.
- Headquarter Montreal, Canada
- Founders Laurent Laferrière, Olivier Bourbonnais
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Ditch Labs Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.65 M (USD)
in 2 rounds
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Latest Funding Round
$2.65 M (USD), Seed
Jul 13, 2023
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Investors
Meditrial
& 10 more
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Employee Count
Not available
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Products & Services of Ditch Labs
Ditch Labs offers a comprehensive portfolio of products and services, including DitchPen® and Digital Therapeutic App.
Inhaler delivers personalized nicotine therapy for smoking cessation support.
App tracks usage and provides educational modules for quitting smoking.
People of Ditch Labs
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Funding Insights of Ditch Labs
Ditch Labs has successfully raised a total of $2.65M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.65 million completed in July 2023. 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.
Investors in Ditch Labs
Ditch Labs has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Meditrial, Amplify Capital and Anges Québec.
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Amplify Capital is focused on impact-driven investments.
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Angel investment network supporting innovative entrepreneurs in Canada.
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Private equity investments are provided to support business growth.
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Investor details for Ditch Labs
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Investments & Acquisitions by Ditch Labs
Investment portfolio details for Ditch Labs
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Financial Statements - Ditch Labs
Detailed financials for Ditch Labs
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Ditch Labs Comparisons
Peer comparison for Ditch Labs
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Competitors of Ditch Labs
Ditch Labs 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 Hale, NicoTrax, NiQuitin, nuumi and Nicotex, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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A connected vaporizer device tracks nicotine usage for smoking cessation.
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Developed a smart cigarette case to help user's quit smoking
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Offers comprehensive nicotine patch solutions for effective smoking management.
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A digital program is provided for permanent smoking cessation support.
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Offers nicotine gums, mints, patches, and wellness items for quitting smoking.
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Detailed competitors of Ditch Labs
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Latest news on Ditch Labs
Complete news archive for Ditch Labs
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Frequently Asked Questions about Ditch Labs
Ditch Labs was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Ditch Labs is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Ditch Labs is a funded company, having raised a total of $2.65M across 2 funding rounds to date.
Ditch Labs was founded in 2020 in Montreal, Canada, focusing on the healthcare sector. An AI-driven solution has been developed to assist professionals in treating nicotine addiction. Physiological and psychological analyses are utilized to deliver personalized patient care. Operations center on enabling evidence-based interventions for addiction management, with services tailored for clinical use.
Ditch Labs offers DitchPen® and Digital Therapeutic App.
Ditch Labs has 11 investors. Key investors include Meditrial, Amplify Capital, Anges Québec, Boreal Ventures Canada, and Invest Quebec.