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. 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
- Founders Ian Atkinson, Ben Langley
- SectorsHealthcare
- Email••••••••
- Website growgroupplc.com
- Social LinkedIn X
- Legal Name Grow Group Ltd
- Annual Revenue$7.07 M (USD)469as on Dec 31, 2021
- Net Profit-$1.99 M (USD)32as on Dec 31, 2021
- EBITDA-$2.1 M (USD)31as on Dec 31, 2021
- Total Equity Funding$12.62M (USD)
in 2 rounds
- Latest Funding Round$4.68M (USD), Series C
Aug 2021
- Employee Count13
- Investments & Acquisitions
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.
Medicinal cannabis products are provided for various conditions.
Herbal cannabis flowers are offered for vaporization use.
Cannabis oils are supplied for sublingual administration.
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 $12.62M
- Total Rounds 2
- Last Round Series C — $4.68M
- First Round $7.95M
(Nov 2020)
All 2 funding rounds of GROW 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 |
|---|---|---|---|---|---|
| Aug 2021 | $4.68M | Series C | – | – | – |
| Nov 2020 | $7.95M | Series C | – | – | – |
People of GROW
7 people are tracked at GROW (5 in leadership, 2 in team); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
Ian Atkinson | Co-Founder & Chief Science Officer | Leadership |
Ben Langley | Co-Founder & Chief Executive Officer | Leadership |
Mark Lee | Interim CFO | Leadership |
Nigel Page | Non Executive Director | Leadership |
Dean Gainsley | Non Executive Director | Leadership |
Hannah Nommé | Investor Relations & Community Lead | Team |
Joséphine McFarlane | Digital Marketing Lead | Team |
Complete people profiles for GROW
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Investments & Acquisitions by GROW
GROW has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sanoid.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cannabinoid cosmetics, nutraceuticals, and pharmaceuticals are cultivated and manufactured. | sanoid.com | Cordoba, Spain | 2018 | Aug 2021 | •••• |
Complete acquisition details for GROW
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Timeline of GROW
4 dated milestones of GROW across 4 years, from founding to its latest funding, stage changes and deals.
- Founded GROW is founded.
- Funding First funding round of $7.9M.
- Acquisition Acquires Sanoid.
- Funding Latest funding round, Series C, of $4.7M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zyus.com | 2018 | Saskatoon, Canada | $19.5M | – | Cannabis-derived therapeutics for multiple indications are developed. | |
| sanitygroup.com | 2011 | Berlin, Germany | $108.79M | – | Developer of cannabinoid-based pharmaceuticals and well-being products | |
| 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. | |
| littlegreenpharma.com | 2016 | Perth, Australia | $1.91M | – | Manufacturer of medicinal cannabis for therapeutic use | |
| imcannabis.com | 2008 | Herzliya, Israel | – | – | Developer of medical cannabis products | |
| neocannbio.com | 2021 | Seoul, South Korea | $10.9M | – | Cannabinoid-based pharmaceuticals and production technologies are developed. | |
| aleafiahealth.com | 2007 | Vaughan, Canada | – | – | Cultivator and producer of cannabis plant for consumer wellness and research applications |
Detailed competitors of GROW
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Web traffic of GROW
The website of GROW (growgroupplc.com) receives about 1.9K visits a month.
- Monthly visits1.9K
▲ 22.3% vs previous month
Latest news on Grow
Complete news archive for GROW
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Similar companies to GROW
10 companies that operate in the same segment as GROW (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 | – | 137 | |
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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Frequently Asked Questions about GROW
GROW was founded in 2017 and raised its 1st funding round 3 years after it was founded.
GROW is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Ben Langley is the current CEO of GROW. They have also founded this 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 2020.
GROW has 13 employees.
Annual revenue of GROW is $7.07M as on Dec 31, 2021.
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.
GROW's top competitors include Avicanna, ZYUS Life Sciences and Neocannbio.
GROW offers Cannabis-Based Medicinal Products, Medical Cannabis Flowers, and Medical Cannabis Oils.
GROW has made 1 acquisition, including Sanoid.
GROW operates through Grow Group Ltd.