About Embark Health
Embark Health is a company based in Toronto (Canada) founded in 2018 by Bruce Dawson-Scully was acquired by BevCanna Enterprises in September 2021.. Embark Health has raised $7.57 million across 1 funding round from investors including BevCanna Enterprises and MMJ Group Holdings. Embark Health has completed 1 acquisition, including Axiomm Technologies. Embark Health offers products and services including Casino Games and Online Gambling.
- Headquarter Toronto, Canada
- Founders Bruce Dawson-Scully
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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
*********
- Legal Name Embark Health Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.57 M (USD)
in 1 rounds
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Latest Funding Round
$7.57 M (USD), Series A
Oct 24, 2019
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Investors
BevCanna Enterprises
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
BevCanna Enterprises
(Sep 19, 2021)
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Products & Services of Embark Health
Embark Health offers a comprehensive portfolio of products and services, including Casino Games and Online Gambling. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Games like blackjack, roulette, and slot machines are provided for gambling entertainment in various settings
Online platforms are offered for accessing casino experiences from home without physical visits
Funding Insights of Embark Health
Embark Health has successfully raised a total of $7.57M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.57 million completed in October 2019. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $7.6M
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First Round
First Round
(24 Oct 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2019 | Amount | Series A - Embark Health | Valuation | MMJ Group Holdings |
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| 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 |
Investors in Embark Health
Embark Health has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include BevCanna Enterprises and MMJ Group Holdings. 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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Founded Year | Domain | Location | |
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Cannabis-infused beverages are manufactured by BevCanna Enterprises.
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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 Embark Health
Embark Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Axiomm Technologies. 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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Medical cannabis products are developed using nanoemulsion formulation technologies.
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2006 |
| 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 - Embark Health
| 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 |
Embark Health Comparisons
Competitors of Embark Health
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Embark Health
When was Embark Health founded?
Embark Health was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Embark Health located?
Embark Health is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Embark Health?
Bruce Dawson-Scully is the current CEO of Embark Health. They have also founded this company.
Is Embark Health a funded company?
Embark Health is a funded company, having raised a total of $7.57M across 1 funding round to date. The company's 1st funding round was a Series A of $7.57M, raised on Oct 24, 2019.
What does Embark Health do?
Embark Health was founded in 2018 and is based in Toronto, Canada. Operations focus on the manufacturing of cannabinoids intended for both medical and recreational applications. The company operates within the health and wellness sector, producing products that align with regulatory standards in the cannabis industry. Leadership is provided by Founder and Co-CEO Bruce Dawson-Scully, overseeing production and distribution activities from the Canadian headquarters.
What products or services does Embark Health offer?
Embark Health offers Casino Games and Online Gambling.
How many acquisitions has Embark Health made?
Embark Health has made 1 acquisition, including Axiomm Technologies.
Who are Embark Health's investors?
Embark Health has 2 investors. Key investors include BevCanna Enterprises, and MMJ Group Holdings.