About Ethical Ocean
Ethical Ocean is a company based in Toronto (Canada) founded in 2008 was acquired by Modavanti in December 2013.. Ethical Ocean has raised $725 thousand across 2 funding rounds from investors including Modavanti. Ethical Ocean offers products and services including News Platform and Write for Us Service.
- Headquarter Toronto, Canada
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Sectors
Retail
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Phone
*********
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Website
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Social
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Products & Services of Ethical Ocean
Ethical Ocean offers a comprehensive portfolio of products and services, including News Platform and Write for Us Service. 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.
Platform for accessing articles on technology and business topics.
Feature allowing users to contribute articles for publication.
Funding Insights of Ethical Ocean
Ethical Ocean has successfully raised a total of $725K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $665 thousand completed in March 2011. 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 2
- Last Round Angel Round — $665,000
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First Round
First Round
(01 May 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2011 | Amount | Angel Round - Ethical Ocean | Valuation |
investors |
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| May, 2010 | Amount | Seed - Ethical Ocean | Valuation |
investors |
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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 Ethical Ocean
Ethical Ocean has secured backing from 1 investor. Prominent investors backing the company include Modavanti. 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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Sustainable fashion is retailed online by Modavanti for conscious consumers.
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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 Ethical Ocean
| 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 |
Financial Statements - Ethical Ocean
| 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 |
Ethical Ocean Comparisons
Competitors of Ethical Ocean
| 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 Ethical Ocean
When was Ethical Ocean founded?
Ethical Ocean was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Where is Ethical Ocean located?
Ethical Ocean is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Ethical Ocean a funded company?
Ethical Ocean is a funded company, having raised a total of $725K across 2 funding rounds to date. The company's 1st funding round was a Seed of $60K, raised on May 01, 2010.
What does Ethical Ocean do?
Ethical Ocean was established in 2008 in Toronto, Canada, as an online marketplace in the sustainable fashion sector. A platform is operated where multiple vendors offer products that prioritize environmental sustainability, ethical labor practices, and animal welfare. Customers are enabled to browse and purchase these items through the domain ethicalocean.com, supporting a community focused on responsible consumption.
What products or services does Ethical Ocean offer?
Ethical Ocean offers News Platform and Write for Us Service.
Who are Ethical Ocean's investors?
Ethical Ocean has 1 investor. Key investors include Modavanti.