About FloraWorks
FloraWorks is a Healthcare company based in Milwaukie (United States) founded in 2019 by Alleh Lindquist and Michael Thale. FloraWorks has raised $1.5 million across 1 funding round from investors including Bonaventure Equity. Its chief executive is Alleh Lindquist. FloraWorks offers products and services including TruCBN, Formulation Kit, Wholesale Ingredients, and Retail Products. Its focus areas include HealthTech, Cannabis HealthTech, Cannabinoid Therapeutics and Diversified. Its legal entity is FloraWorks Holdings Inc. Its competitors include Sanity Group, ZYUS Life Sciences, Terraflos, Avicanna and Tetra Bio-Pharma and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
Developer and supplier of cannabinoid products. The company focuses on the discovery and development of rare and novel cannabinoids for commercial and therapeutic applications. It offers CBD and CBG isolates.
- Headquarters Milwaukie, United States
- Founders Alleh Lindquist, Michael Thale
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website flora-works.com
- Social LinkedIn X Facebook
- Legal Name Floraworks Holdings Inc.
- Total Equity Funding$1.5M (USD)
in 1 rounds
- Latest Funding Round$1.5M (USD), Series A
Dec 2022
- Investors
Products & Services of FloraWorks
FloraWorks offers a comprehensive portfolio of products and services, including TruCBN, Formulation Kit, Wholesale Ingredients, and Retail Products.
Clinically validated cannabinoid for improving sleep quality.
Kit for developing cannabinoid-based formulations.
High-quality cannabinoids for industry use.
Cannabinoid products for direct health applications.
Funding Insights of FloraWorks
FloraWorks has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.5 million completed in December 2022. 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 $1.5M
- Total Rounds 1
- Last Round Series A — $1.5M
- First Round $1.5M
(Dec 2022)
- Investors Count 1
All 1 funding rounds of FloraWorks 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 |
|---|---|---|---|---|---|
| Dec 2022 | $1.5M | Series A | – | Bonaventure Equity | – |
1 investors in total: 1 institutional.
Investors in FloraWorks
FloraWorks has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bonaventure Equity.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | bvequity.com | - |
Investor details for FloraWorks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of FloraWorks
5 people are tracked at FloraWorks (4 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Alleh Lindquist | Co-Founder & CEO | Leadership |
Michael Thale | Co-Founder | Leadership |
Vaughn Hartung | Founder & Vice President of Science and Technology | Leadership |
Micah Hogan | Chief Growth Officer | Leadership |
Arturo Bátiz | Sales Associate | Team |
Complete people profiles for FloraWorks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of FloraWorks
2 dated milestones of FloraWorks across 3 years, from founding to its latest funding, stage changes and deals.
- Founded FloraWorks is founded.
- Funding First funding round of $1.5M.
Competitors of FloraWorks
FloraWorks has 9 listed competitors in our database, 6 of them funded. They include Sanity Group, ZYUS Life Sciences, Terraflos, Avicanna and Tetra Bio-Pharma, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| sanitygroup.com | 2011 | Berlin, Germany | $108.79M | – | Developer of cannabinoid-based pharmaceuticals and well-being products | |
| zyus.com | 2018 | Saskatoon, Canada | $19.5M | – | Cannabis-derived therapeutics for multiple indications are developed. | |
| terraflos.com | 2021 | Uruguay | $8M | – | Medical cannabis products are provided based on GMP processes. | |
| avicanna.com | 2016 | Toronto, Canada | $5.94M | – | Plant-derived cannabinoid products are developed for medical and consumer uses. | |
| tetrabiopharma.com | 2015 | Ottawa, Canada | – | – | Natural medicinal plant-based elements are developed for treating multiple diseases. | |
| littlegreenpharma.com | 2016 | Perth, Australia | $1.91M | – | Manufacturer of medicinal cannabis for therapeutic use | |
| kalytera.co | 2014 | San Rafael, United States | – | – | Cannabinoid therapies for osteoporosis and bone healing are developed. | |
| cresopharma.com | 2015 | Perth, Australia | – | – | Cannabinoid therapeutics are developed for human and veterinary health applications. | |
| boheco.com | 2013 | Mumbai, India | $9.53M | 41 | Cannabis-derived nutritional and wellness products are provided online. |
Detailed competitors of FloraWorks
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Web traffic of FloraWorks
The website of FloraWorks (flora-works.com) receives about 2.4K visits a month.
- Monthly visits2.4K
▼ 20.5% vs previous month
Top companies in Cannabis Health Tech Ecosystem
10 companies that operate in the same segment as FloraWorks (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 | – | 469 | |
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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Related news about Floraworks
Complete news archive for FloraWorks
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Frequently Asked Questions about FloraWorks
FloraWorks was founded in 2019 and raised its 1st funding round 3 years after it was founded.
FloraWorks is headquartered in Milwaukie, United States. It is registered at Milwaukie, Oregon, United States.
Alleh Lindquist is the current CEO of FloraWorks. They have also founded this company.
FloraWorks is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Series A of $1.5M, raised on Dec 2022.
Developer and supplier of cannabinoid products. The company focuses on the discovery and development of rare and novel cannabinoids for commercial and therapeutic applications. It offers CBD and CBG isolates.
FloraWorks's top competitors include Avicanna, ZYUS Life Sciences and Sanity Group.
FloraWorks offers TruCBN, Formulation Kit, Wholesale Ingredients, and Retail Products.
FloraWorks has 1 investor. Key investors include Bonaventure Equity.
FloraWorks operates through Floraworks Holdings Inc..