About Elev8 Hemp
Elev8 Hemp is a company based in Longwood (United States) founded in 2016 was acquired by Apple Rush in October 2022.. Elev8 Hemp has completed 3 acquisitions, including 02 Breathe, Blessed Bean Coffee and Versatile Industries. Elev8 Hemp operates in a competitive market with competitors including Cann Social Tonics, K-Zen Beverages, Nevis Brands, Planet Based Foods and Pamos, among others.
- Headquarter Longwood, United States
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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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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
02 Breathe
& 2 more
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Acquired by
Apple Rush
(Oct 26, 2022)
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Funding Insights of Elev8 Hemp
| 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 Elev8 Hemp
Elev8 Hemp has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Apple Rush. 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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Sparkling juices are branded and distributed by Apple Rush.
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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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Elev8 Hemp
Elev8 Hemp has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include 02 Breathe, Blessed Bean Coffee and Versatile Industries. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Portable toilets and construction equipment are rented by Versatile.
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2014 | ||||
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Recreational oxygen bars are operated for corporate and private events.
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2010 | ||||
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Coffee is branded, roasted, and distributed by Blessed Bean Coffee.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Elev8 Hemp
| 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 |
Elev8 Hemp Comparisons
Competitors of Elev8 Hemp
Elev8 Hemp 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 Cann Social Tonics, K-Zen Beverages, Nevis Brands, Planet Based Foods and Pamos, 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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| domain | founded_year | HQ Location |
Brand of cannabis-infused soft drinks
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| domain | founded_year | HQ Location |
Cannabis-infused beverages are branded and distributed by K-Zen Beverages.
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| domain | founded_year | HQ Location |
Cannabis beverage products are provided in multiple US markets.
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| domain | founded_year | HQ Location |
Planet-based meat substitutes are offered as food products.
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| domain | founded_year | HQ Location |
Non-alcoholic hemp-derived cannabis-infused spirits and cocktails are manufactured.
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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 Elev8 Hemp
Frequently Asked Questions about Elev8 Hemp
When was Elev8 Hemp founded?
Elev8 Hemp was founded in 2016.
Where is Elev8 Hemp located?
Elev8 Hemp is headquartered in Longwood, United States. It is registered at Longwood, Florida, United States.
Who is the current CEO of Elev8 Hemp?
Ryan Medico is the current CEO of Elev8 Hemp.
What does Elev8 Hemp do?
Elev8 Hemp was founded in 2016 in Longwood, United States, focusing on the hemp and wellness sector. CBD-infused coffee products are developed and marketed by the company, with operations centered in the U.S. Distribution occurs through online channels via the domain elev8hemp.com. Leadership is provided by CEO Ryan Medico, overseeing product formulation and sales in the consumer goods market.
Who are the top competitors of Elev8 Hemp?
Elev8 Hemp's top competitors include Cann Social Tonics, Planet Based Foods and Nevis Brands.
How many acquisitions has Elev8 Hemp made?
Elev8 Hemp has made 3 acquisitions, including 02 Breathe, Blessed Bean Coffee, and Versatile Industries.
Who are Elev8 Hemp's investors?
Elev8 Hemp has 1 investor. Key investors include Apple Rush.
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