About GROW
GROW is a company based in London (United Kingdom) founded in 2017 by Ian Atkinson and Ben Langley. It operates as a Direct-to-Consumer (D2C), and B2B2C. GROW has raised $12.62 million across 2 funding rounds. The company has 13 employees as of December 31, 2020. GROW has completed 1 acquisition, including Sanoid. GROW offers products and services including Cannabis-Based Medicinal Products, Medical Cannabis Flowers, and Medical Cannabis Oils. GROW operates in a competitive market with competitors including ZYUS Life Sciences, Sanity Group, Terraflos, Avicanna and Little Green Pharma, among others.
- Headquarter London, United Kingdom
- Employees 13 as on 31 Dec, 2020
- Founders Ian Atkinson, Ben Langley
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Grow Group Ltd
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Annual Revenue
$7.07 M (USD)469as on Dec 31, 2021
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Net Profit
$-1.99 M (USD)32as on Dec 31, 2021
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EBITDA
$-2.1 M (USD)31as on Dec 31, 2021
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Total Equity Funding
$12.62 M (USD)
in 2 rounds
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Latest Funding Round
$4.68 M (USD), Series C
Aug 31, 2021
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Investors
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Employee Count
13
as on Dec 31, 2020
- Investments & Acquisitions
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Products & Services of GROW
GROW offers a comprehensive portfolio of products and services, including Cannabis-Based Medicinal Products, Medical Cannabis Flowers, and Medical Cannabis Oils. 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.
Medicinal cannabis products are provided for various conditions.
Herbal cannabis flowers are offered for vaporization use.
Cannabis oils are supplied for sublingual administration.
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Software Development Team
2 people
Leadership Team
2 people
Finance and Accounting
1 people
CSO Team
1 people
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Funding Insights of GROW
GROW has successfully raised a total of $12.62M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $4.68 million completed in August 2021. 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 Series C — $4.7M
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First Round
First Round
(12 Nov 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Series C - GROW | Valuation |
investors |
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| Nov, 2020 | Amount | Series C - GROW | 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 |
Investments & Acquisitions by GROW
GROW has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sanoid. 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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Cannabinoid cosmetics, nutraceuticals, and pharmaceuticals are cultivated and manufactured.
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2018 |
| 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 - GROW
| 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 |
Grow Comparisons
Competitors of GROW
GROW 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 ZYUS Life Sciences, Sanity Group, Terraflos, Avicanna and Little Green Pharma, 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 |
Cannabis-derived therapeutics for multiple indications are developed.
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| domain | founded_year | HQ Location |
Developer of cannabinoid-based pharmaceuticals and well-being products
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| domain | founded_year | HQ Location |
Medical cannabis products are provided based on GMP processes.
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| domain | founded_year | HQ Location |
Plant-derived cannabinoid products are developed for medical and consumer uses.
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| domain | founded_year | HQ Location |
Manufacturer of medicinal cannabis for therapeutic use
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| domain | founded_year | HQ Location |
Developer of medical cannabis products
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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 Grow
Frequently Asked Questions about GROW
When was GROW founded?
GROW was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is GROW located?
GROW is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of GROW?
Ben Langley is the current CEO of GROW. They have also founded this company.
Is GROW a funded company?
GROW is a funded company, having raised a total of $12.62M across 2 funding rounds to date. The company's 1st funding round was a Series C of $7.95M, raised on Nov 12, 2020.
How many employees does GROW have?
As of Dec 31, 2020, the latest employee count at GROW is 13.
What is the annual revenue of GROW?
Annual revenue of GROW is $7.07M as on Dec 31, 2021.
What does GROW do?
GROW Group LTD is a biopharmaceutical entity established in 2017, dedicated to the development and supply of cannabis-based medicinal products. Operations are conducted through a vertically integrated model and partnerships to ensure a broad supply of differentiated medicines. The company targets various medical conditions such as epilepsy, cancer, and chronic pain across multiple regions including the UK, Germany, and Iberia. Solutions are provided to improve patient outcomes through innovative approaches and consistent supply chains.
Who are the top competitors of GROW?
GROW's top competitors include Avicanna, ZYUS Life Sciences and Neocannbio.
What products or services does GROW offer?
GROW offers Cannabis-Based Medicinal Products, Medical Cannabis Flowers, and Medical Cannabis Oils.
How many acquisitions has GROW made?
GROW has made 1 acquisition, including Sanoid.