About GrowerIQ
GrowerIQ is a company based in Toronto (Canada) founded in 2018 by Andrew Wilson.. GrowerIQ has raised $2.31 million across 1 funding round from investors including Golden Section, MaRS IAF and Gaingels. GrowerIQ has completed 1 acquisition, including Ample Organics. GrowerIQ offers products and services including Seed-to-Sale Software, Cannabis Consulting, Quality Management System, and Customer Relationship Management.
- Headquarter Toronto, Canada
- Founders Andrew Wilson
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Wilcompute Systems Group 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
$2.31 M (USD)
in 1 rounds
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Latest Funding Round
$2.31 M (USD), Seed
Sep 13, 2022
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Investors
Golden Section
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of GrowerIQ
GrowerIQ offers a comprehensive portfolio of products and services, including Seed-to-Sale Software, Cannabis Consulting, Quality Management System, and Customer Relationship Management. 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 managing cannabis production from cultivation to sale
Advisory for compliance and operational processes in cannabis
Tools for quality assurance and deviation reporting in production
System for tracking orders and client interactions
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Funding Insights of GrowerIQ
GrowerIQ has successfully raised a total of $2.31M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.31 million completed in September 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 Total Funding
- Total Rounds 1
- Last Round Seed — $2.3M
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First Round
First Round
(13 Sep 2022)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Seed - GrowerIQ | Valuation | Golden Section , MaRS Investment Accelerator Fund |
| 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 GrowerIQ
GrowerIQ has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Golden Section, MaRS IAF and Gaingels. 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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Golden Section is focused on funding B2B software ventures.
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Founded Year | Domain | Location | |
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Early-stage technology startups are supported through investments by MaRS IAF.
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Founded Year | Domain | Location | |
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Venture capital investing with a focus on diversity and inclusion in the ecosystem.
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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 GrowerIQ
GrowerIQ has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ample Organics. 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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ERP software is provided for the cannabis industry.
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2014 |
| 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 - GrowerIQ
| 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 |
Groweriq Comparisons
Competitors of GrowerIQ
| 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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Latest news on Groweriq
Frequently Asked Questions about GrowerIQ
When was GrowerIQ founded?
GrowerIQ was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is GrowerIQ located?
GrowerIQ is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of GrowerIQ?
Andrew Wilson is the current CEO of GrowerIQ. They have also founded this company.
Is GrowerIQ a funded company?
GrowerIQ is a funded company, having raised a total of $2.31M across 1 funding round to date. The company's 1st funding round was a Seed of $2.31M, raised on Sep 13, 2022.
What does GrowerIQ do?
GrowerIQ was founded in 2018 in Toronto, Canada, as a provider of cannabis cultivation management software. The platform supports licensed producers in the cannabis sector by enabling seed-to-sale traceability, reducing operating costs, ensuring regulatory compliance, and enhancing product quality controls. Operations are focused on software solutions that streamline cultivation processes across the industry.
What products or services does GrowerIQ offer?
GrowerIQ offers Seed-to-Sale Software, Cannabis Consulting, Quality Management System, and Customer Relationship Management.
How many acquisitions has GrowerIQ made?
GrowerIQ has made 1 acquisition, including Ample Organics.
Who are GrowerIQ's investors?
GrowerIQ has 6 investors. Key investors include Golden Section, MaRS IAF, Gaingels, GTMfund, and Delbridge Solutions.