About Dynaleo
Dynaleo is a company based in Nisku (Canada) founded in 2018 by Brandon Wright and Jeff Salzsauler. Dynaleo has raised $2.55 million across 10 funding rounds from investors including FLUENT. Dynaleo operates in a competitive market with competitors including Vireo Health, Demetrix, Nutritional High, THE BEEMINE LAB and DEMECAN, among others.
- Headquarter Nisku, Canada
- Founders Brandon Wright, Jeff Salzsauler
- SectorsHealthcare
- Email••••••••
- Website dynaleo.com
- Social LinkedIn X
- Total Equity Funding$2.55M (USD)
in 10 rounds
- Latest Funding Round$36.95K (USD), Seed
Apr 2023
- Investors
Funding Insights of Dynaleo
Dynaleo has successfully raised a total of $2.55M across 10 strategic funding rounds. The most recent funding activity was a Seed round of $36.95 thousand completed in April 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.
- Total Funding $2.55M
- Total Rounds 10
- Last Round Seed — $36,945
- First Round $1.42M
(May 2020)
- Investors Count 1
All 10 funding rounds of Dynaleo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2023 | $36,945 | Seed | – | – | – |
| Dec 2022 | $36,655 | Seed | – | – | – |
| Apr 2022 | $200,775 | Seed | – | – | – |
| Feb 2022 | $116,814 | Seed | – | – | – |
| Mar 2021 | $158,260 | Seed | – | – | – |
| Mar 2021 | $39,845 | Seed | – | – | – |
| Feb 2021 | $254,166 | Seed | – | – | – |
| Jan 2021 | $20,462 | Seed | – | – | – |
| Oct 2020 | $265,300 | Seed | – | – | – |
| May 2020 | $1.42M | Seed | – | RIV Capital | – |
1 investors in total: 1 institutional.
Investors in Dynaleo
Dynaleo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include FLUENT.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
FLUENT Corp. is engaged in cannabis cultivation and distribution. | 2017 | rivcapital.com | Toronto, Canada |
Investor details for Dynaleo
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Dynaleo
5 people are tracked at Dynaleo (3 in leadership, 1 in board & advisors, 1 in team).
| Name | Role | Group |
|---|---|---|
Brandon Wright | Co-Founder & President | Leadership |
Jeff Salzsauler | Co-Founder & COO | Leadership |
Michael Krestell | CEO & Chairman | Leadership |
Rick Meslin | Advisor | Board & advisors |
Joan Van der Veen CPA, CMA | Controller | Team |
Complete people profiles for Dynaleo
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Dynaleo
3 dated milestones of Dynaleo across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Dynaleo is founded.
- Funding First funding round of $1.4M.
- Funding Latest funding round, Seed, of $37K.
Competitors of Dynaleo
Dynaleo 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 Vireo Health, Demetrix, Nutritional High, THE BEEMINE LAB and DEMECAN, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vireohealth.com | 2004 | Minneapolis, United States | – | – | Cannabis plants are cultivated in greenhouses for wellness product development. | |
| demetrix.com | 2017 | Berkeley, United States | $61M | 77 | Cannabinoid ingredients for pharmaceuticals are produced via fermentation technology. | |
| nutritionalhigh.com | 2004 | Toronto, Canada | – | – | Cannabis-infused products are developed, manufactured, and distributed for consumers. | |
| thebeeminelab.com | 2018 | Madrid, Spain | $1.06M | – | Cannabis-derived nutritional and wellness products are offered online. | |
| demecan.de | 2017 | Berlin, Germany | $7.64M | – | Producer of medical cannabis | |
| alphagreen.io | 2019 | Covent Garden, United Kingdom | $4.85M | 5 | Online marketplace for cannabis products treating various diseases is operated. | |
| shopbeam.com | 2018 | Boston, United States | – | 16 | Provider of fine art photography prints and books | |
| thehealthhorizons.com | 2017 | Noida, India | $928,798 | – | Hemp-based wellness products for nutrition and personal care are provided. |
Detailed competitors of Dynaleo
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Dynaleo
Complete news archive for Dynaleo
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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- Brand-specific news history
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Similar companies to Dynaleo
10 companies that operate in the same segment as Dynaleo (Cannabis Health Tech Ecosystem), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cannabis products are provided to support consumer wellness and health. | 2013 | Smiths Falls, Ontario, Canada | – | USD 204.24 M | 960 | |
Online marketplace platform for cannabis traders | 2015 | New York, New York, United States | USD 195.4 M | – | – | |
Loyalty and marketing solutions for cannabis dispensaries are provided. | 2012 | West Palm Beach, Florida, United States | USD 25.79 M | USD 22.83 M | – | |
An online marketplace for cannabis products is operated. | 2017 | Bend, Oregon, United States | USD 603 M | – | 137 | |
Online platform for cannabis strains, reviews, and ratings | 2010 | Seattle, Washington, United States | USD 40.7 M | – | – | |
Provider of cannabis products, brands, and international business development investments | 2013 | Moncton, New Brunswick, Canada | – | USD 186.16 M | 898 | |
ERP software is offered via cloud platform for cannabis operations. | 2018 | Boston, Massachusetts, United States | – | USD 110.08 M | 313 | |
Online marketplace connecting licensed cannabis vendors and dispensaries | 2015 | Chicago, Illinois, United States | USD 22.57 M | – | – | |
Enterprise software is provided for cannabis dispensary management. | 2016 | Oakland, California, United States | USD 75.5 M | USD 148.97 K | 97 | |
Proprietary medical cannabis strains are developed and offered. | 2014 | Maryland Heights, Missouri, United States | USD 156 M | – | 557 |
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Frequently Asked Questions about Dynaleo
Dynaleo was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Dynaleo is headquartered in Nisku, Canada. It is registered at Nisku, Alberta, Canada.
Dynaleo is a funded company, having raised a total of $2.55M across 10 funding rounds to date. The company's 1st funding round was a Seed of $1.42M, raised on May 2020.
Dynaleo was founded in 2018 and is based in Nisku, Canada. Operations focus on the cannabis sector, where edible products such as gummies are produced. Development efforts are directed toward expanding confectionery lines with cannabis infusions. Leadership includes co-founders Brandon Wright as president and Jeff Salzsauler as COO, overseeing product innovation in a regulated industry.
Dynaleo's top competitors include Vireo Health, Alphargreen Group Limited and Demetrix.
Dynaleo has 1 investor. Key investors include FLUENT.