Hempacco

San Diego, United States Founded: 2019 • Age: 7 yrs
Filtered hemp smokable products are manufactured to disrupt tobacco.
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About Hempacco

Hempacco is a company based in San Diego (United States) founded in 2019 by Jorge Olson and Sandro Piancone.. Hempacco offers products and services including CBD Hemp Cigarettes and Vending Machine Kiosks. Hempacco operates in a competitive market with competitors including Fidelity Investments, Investec, Morgan Stanley, Guggenheim Partners and FNZ, among others.

  • Headquarter San Diego, United States
  • Founders Jorge Olson, Sandro Piancone
  • Stage Public
  • Sectors
    Financial Services
    Consumer
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Hempacco Co., Inc.
Operational Areas
Financial Services → Investment Management & Advisory → →
Consumer → Tobacco, Cannabis & Alternative Products → →
Key Metrics
  • Annual Revenue
    $4.05 M
    2
    as on Dec 31, 2023
  • Net Profit
    $-13.44 M
    -88
    as on Dec 31, 2023
  • EBITDA
    $-13.24 M
    -87
    as on Dec 31, 2023
  • Latest Funding Round
    $490.4 K (USD), Post-IPO

    Mar 26, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of Hempacco

Hempacco offers a comprehensive portfolio of products and services, including CBD Hemp Cigarettes and Vending Machine Kiosks. 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.

Primary

CBD-infused cigarettes as substitutes for traditional tobacco

Automated kiosks for dispensing hemp products conveniently

Funding Insights of Hempacco

  • Total Funding
  • Total Rounds 2
  • Last Round Post-IPO — $490,400
  • First Round

    (19 Oct 2023)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2024 Amount Post-IPO - Hempacco Valuation

investors
Oct, 2023 Amount Post-IPO - Hempacco Valuation

investors
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Investments & Acquisitions by Hempacco

Investments
Company Name Description Domain Location Founded Year Amount
Bento Cloud
Bionic investment advisor platform
2016
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
GrabKios by Kudo
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
48East
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Hempacco

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners

Hempacco Comparisons

Employees
+
Add Comparison
Available on Premium

Competitors of Hempacco

Hempacco 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 Fidelity Investments, Investec, Morgan Stanley, Guggenheim Partners and FNZ, 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
Fidelity Investments
domain founded_year HQ Location
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms
Investec
domain founded_year HQ Location
Global banking, investment, and wealth management services are offered worldwide.
Morgan Stanley
domain founded_year HQ Location
Wealth management, investment advisory, and financial services are provided.
Guggenheim Partners
domain founded_year HQ Location
Asset management and investment advisory services are provided to clients.
FNZ
domain founded_year HQ Location
Wealth management solutions are delivered for asset managers.
S&P Global
domain founded_year HQ Location
Platform offering business intelligence solutions that combine data and actionable analytics for clients
Company Name Domain Founded year HQ Location Description
inDrive
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
Bolt
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
Gojek
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
Dunzo
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Hempacco

Frequently Asked Questions about Hempacco

When was Hempacco founded?

Hempacco was founded in 2019 and raised its 1st funding round 4 years after it was founded.

Where is Hempacco located?

Hempacco is headquartered in San Diego, United States. It is registered at San Diego, California, United States.

Who is the current CEO of Hempacco?

Sandro Piancone is the current CEO of Hempacco. They have also founded this company.

What is the annual revenue of Hempacco?

Annual revenue of Hempacco is $4.05M as on Dec 31, 2023.

What does Hempacco do?

Hempacco was founded in 2019 in San Diego, United States, within the hemp and tobacco sectors. Operations focus on producing CBD hemp cigarettes and holding intellectual property for infusing herbal smoking blends into cannabis products. Partnerships and joint ventures are pursued, including collaborations with figures like Snoop Dogg to develop consumer goods lines in the hemp industry.

Who are the top competitors of Hempacco?

Hempacco's top competitors include Fidelity Investments, Investec and S&P Global.

What products or services does Hempacco offer?

Hempacco offers CBD Hemp Cigarettes and Vending Machine Kiosks.

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