About Hempco
Hempco is a company based in Burnaby (Canada) founded in 2004 was acquired by Aurora Cannabis in September 2018.. Hempco operates in a competitive market with competitors including NotCo, Danone, RJ Corp, Hain Celestial and Premier Foods, among others.
- Headquarter Burnaby, Canada
- Stage Public
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Sectors
Consumer
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$3.2 M (USD), Post-IPO
Nov 23, 2017
- Investors
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Employee Count
Employee Count
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Acquired by
Aurora Cannabis
(Sep 12, 2018)
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Funding Insights of Hempco
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $3.2M
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First Round
First Round
(23 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2017 | Amount | Post-IPO - Hempco | Valuation |
investors |
| 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 Hempco
Hempco has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aurora Cannabis. 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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Medical marijuana is produced and distributed by Aurora Cannabis.
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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 Hempco
| 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 - Hempco
| 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 |
Hempco Comparisons
Competitors of Hempco
Hempco 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 NotCo, Danone, RJ Corp, Hain Celestial and Premier Foods, 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 |
AI-powered technology is developed for food product innovation and development.
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| domain | founded_year | HQ Location |
Health-focused dairy and plant-based food products are offered.
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| domain | founded_year | HQ Location |
Food and beverage products are branded, with diverse sectors engaged.
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| domain | founded_year | HQ Location |
Hain Celestial is focused on better-for-you food and personal care products.
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| domain | founded_year | HQ Location |
Processed food products are produced and marketed by Premier Foods.
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| domain | founded_year | HQ Location |
Vegetarian snacks, sweets, beverages, and ready-to-eat meals are offered online.
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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 Hempco
Frequently Asked Questions about Hempco
When was Hempco founded?
Hempco was founded in 2004 and raised its 1st funding round 13 years after it was founded.
Where is Hempco located?
Hempco is headquartered in Burnaby, Canada. It is registered at Burnaby, British Columbia, Canada.
What does Hempco do?
Hempco was founded in 2004 in Burnaby, Canada, focusing on the hemp seed products sector. Hemp protein powder, hemp seed oil, and hemp seed nuts are produced and supplied through retailers and independent grocers. The majority of sales occur in Canada, with operations centered on domestic distribution channels. Products are targeted at health and nutrition markets without international expansion noted.
Who are Hempco's investors?
Hempco has 1 investor. Key investors include Aurora Cannabis.