About GrowHealthy
GrowHealthy is a company based in Lake Wales (United States) founded in 2014 by Luna Azam was acquired by iAnthus in January 2018.. GrowHealthy has raised $7.67 million across 2 funding rounds from investors including iAnthus. GrowHealthy offers products and services including Flower, Edibles, Pre-Rolls, Vapes, and Concentrates. GrowHealthy operates in a competitive market with competitors including LeafLink, Confident Cannabis, Leaf Trade, Nabis and Trulieve, among others.
- Headquarter Lake Wales, United States
- Founders Luna Azam
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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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Products & Services of GrowHealthy
GrowHealthy offers a comprehensive portfolio of products and services, including Flower, Edibles, Pre-Rolls, Vapes, and Concentrates. 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.
High-quality cannabis flowers for medical consumption.
Edible items infused with cannabis for ingestion.
Pre-rolled cannabis joints for convenient use.
Vaporizers and cartridges for cannabis inhalation.
Concentrated cannabis extracts for various applications.
Liquid cannabis tinctures for oral or topical use.
Cannabis-infused creams and balms for external relief.
Hardware and merchandise related to cannabis use.
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Funding Insights of GrowHealthy
GrowHealthy has successfully raised a total of $7.67M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in October 2017. 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 A — $3.0M
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First Round
First Round
(13 May 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Series A - GrowHealthy | Valuation |
investors |
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| May, 2015 | Amount | Series A - GrowHealthy | 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 GrowHealthy
GrowHealthy has secured backing from 1 investor. Prominent investors backing the company include iAnthus. 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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Cannabis products are cultivated and processed for medical use.
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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 GrowHealthy
| 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 - GrowHealthy
| 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 |
Growhealthy Comparisons
Competitors of GrowHealthy
GrowHealthy 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 LeafLink, Confident Cannabis, Leaf Trade, Nabis and Trulieve, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online marketplace platform for cannabis traders
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| domain | founded_year | HQ Location |
Online platform for cannabis producers
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| domain | founded_year | HQ Location |
Online marketplace connecting licensed cannabis vendors and dispensaries
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| domain | founded_year | HQ Location |
Cannabis products are distributed online to B2B retailers by Nabis.
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| domain | founded_year | HQ Location |
Provider of an online marketplace platform for cannabis products
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| domain | founded_year | HQ Location |
Integrated business for cultivation and processing of cannabis
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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 Growhealthy
Frequently Asked Questions about GrowHealthy
When was GrowHealthy founded?
GrowHealthy was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is GrowHealthy located?
GrowHealthy is headquartered in Lake Wales, United States. It is registered at Lake Wales, Florida, United States.
Is GrowHealthy a funded company?
GrowHealthy is a funded company, having raised a total of $7.67M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4.67M, raised on May 13, 2015.
What does GrowHealthy do?
GrowHealthy is a developer of medical cannabis. The company provides all-natural, cannabis-derived products to Floridas medical cannabis patients. It is also conducting cannabis research.
Who are the top competitors of GrowHealthy?
GrowHealthy's top competitors include LeafLink, Confident Cannabis and Leaf Trade.
What products or services does GrowHealthy offer?
GrowHealthy offers Flower, Edibles, Pre-Rolls, Vapes, and 4 more products and services.
Who are GrowHealthy's investors?
GrowHealthy has 1 investor. Key investors include iAnthus.