About HempFusion
HempFusion is a publicly listed company based in California City (United States) founded in 2013 by Andrew Oliver and Ian DeQueiroz. It operates as a health nutrition and hemp extract products are branded and distributed. HempFusion has raised $16.59 million across 11 funding rounds. HempFusion has completed 2 acquisitions, including Apothecanna and Sagely Naturals. Its chief executive is Ian DeQueiroz. HempFusion offers products and services including Slot Games, Pragmatic Play Games, PG Soft Games, and Slot88 Games. Its focus areas include Food and Agriculture, Food & Beverage Products, Nutrition and Healthcare Nutrition. Its competitors include Your Super, Momentous, Comvita, Kuli Kuli Foods and Zurvita and 2 more; 4 of its 7 listed competitors have raised funding.
Company details
HempFusion was founded in 2013 in California City, United States, as a brand focused on health care nutrition and hemp extract products. Operations center on developing and marketing these items within the wellness and natural supplements sector. Co-founders Andrew Oliver and Ian DeQueiroz lead the company, with emphasis placed on product formulation and distribution across the U.S. market.
- Headquarters California City, United States
- Founders Andrew Oliver, Ian DeQueiroz
- Stage Public
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website hempfusion.com
- Social LinkedIn X Facebook
- Total Equity Funding$16.59M (USD)
in 11 rounds
- Latest Funding Round$114.1K (USD), Post-IPO
Mar 2022
- Investments & AcquisitionsApothecanna
& 1 more
Products & Services of HempFusion
HempFusion offers a comprehensive portfolio of products and services, including Slot Games, Pragmatic Play Games, PG Soft Games, and Slot88 Games.
Platform for playing digital slot machines with high win rates.
Games like Bonanza offering jackpot opportunities for users.
Unique slot experiences such as Mahjong Ways for entertainment.
Graphically rich slots like Highway King for prolonged play.
Funding Insights of HempFusion
HempFusion has successfully raised a total of $16.59M across 11 strategic funding rounds. The most recent funding activity was a Post-IPO round of $114.1 thousand completed in March 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 $16.59M
- Total Rounds 11
- Last Round Post-IPO — $114,100
- First Round $1.19M
(Apr 2016)
Latest 10 of 11 funding rounds of HempFusion 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 |
|---|---|---|---|---|---|
| Mar 2022 | $114,100 | Post-IPO | – | – | – |
| Oct 2021 | $2.23M | Post-IPO | – | – | – |
| Aug 2021 | $2.5M | Post-IPO | – | – | – |
| Jan 2021 | $249,500 | Post-IPO | – | – | – |
| Aug 2019 | $290,000 | Series A | – | – | – |
| Jul 2019 | $27.39M | Debt – Conventional | – | – | – |
| Jun 2019 | $6M | Series A | – | – | – |
| Jan 2019 | $5.05M | Series A | – | – | – |
| Jun 2018 | $3.04M | Series A | – | – | – |
| Mar 2017 | $1.02M | Seed | – | – | – |
People of HempFusion
10 people are tracked at HempFusion (5 in leadership, 5 in board & advisors).
| Name | Role | Group |
|---|---|---|
Andrew Oliver | Co-Founder | Leadership |
Ian DeQueiroz | Co-Founder & CEO | Leadership |
Shannon Remy | Marketing Director | Leadership |
Daniel Brody | Chief Corporate Officer | Leadership |
Bruce Topping | Director Of Product Development | Leadership |
Desmon Balakrishnan | Independent Director | Board & advisors |
David Doherty | Independent Director | Board & advisors |
Nick Grafton | Director | Board & advisors |
Gord Fox | Independent Director | Board & advisors |
Scott Greenburg | Director | Board & advisors |
Complete people profiles for HempFusion
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by HempFusion
HempFusion has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Apothecanna and Sagely Naturals.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cannabis-based wellness products are manufactured by Sagely Naturals. | sagelynaturals.com | Santa Monica, United States | 2015 | May 2021 | $25M | |
Manufacturer and supplier of body care hemp products | apothecanna.com | Denver, United States | 2009 | May 2021 | $15M |
Complete acquisition details for HempFusion
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of HempFusion
6 dated milestones of HempFusion across 9 years, from founding to its latest funding, stage changes and deals.
- Founded HempFusion is founded.
- Funding First funding round of $1.2M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Apothecanna.
- Acquisition Acquires Sagely Naturals.
- Funding Latest funding round, Post-IPO, of $114K.
Competitors of HempFusion
HempFusion has 7 listed competitors in our database, 4 of them funded. They include Your Super, Momentous, Comvita, Kuli Kuli Foods and Zurvita, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| yoursuper.com | 2015 | Santa Monica, United States | $22.5M | – | Healthcare & nutrition brand | |
| livemomentous.com | 2016 | Jackson, United States | $43.59M | 220 | Healthcare and nutrition products are produced and marketed globally. | |
| comvita.co.nz | 1974 | Tauranga, New Zealand | – | – | Honey products are branded and distributed by Comvita globally. | |
| kulikulifoods.com | 2011 | Oakland, United States | $10.83M | 8 | Moringa-based superfood products including powders and blends are produced. | |
| zurvita.com | 2008 | Houston, United States | – | – | Plant-based nutritional supplements and meal solutions are provided by Zurvita. | |
| morinda.com | 1996 | American Fork, United States | $6.5M | – | Wellness products and affiliate marketing programs are provided by Morinda. | |
| ultimareplenisher.com | 1996 | Cortland, United States | – | – | Electrolyte powders and hydration packets are manufactured for daily replenishment. |
Detailed competitors of HempFusion
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Top companies in Food & Beverage Products & Processing
10 companies that operate in the same segment as HempFusion (Food & Beverage Products & Processing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Platform offering a subscription-based delivery service for fresh milk and groceries | 2015 | Gurugram, Haryana, India | USD 228.42 M | USD 99.78 M | 3,464 | |
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Subscription-based coffee products are offered by an internet-first brand. | 2013 | Gurugram, Haryana, India | USD 112.84 M | USD 25.83 M | 2,059 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Meat and seafood products are delivered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 564.84 M | USD 97.26 M | 2,828 | |
Dry snacks and coffee are manufactured and distributed. | 2015 | Chennai, Tamil Nadu, India | USD 16.52 M | USD 208 K | 29 | |
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | – | USD 93.92 B | 319,000 | |
Multi-category organic dairy products are offered online. | 2010 | Tiptur, Karnataka, India | USD 58.15 M | USD 23.34 M | 810 | |
Packaged food products are offered through an online platform. | 2019 | Mumbai, Maharashtra, India | USD 37.6 M | USD 4.41 M | 168 | |
Multi-category food and beverage products are produced and distributed globally. | 1866 | Vevey, Vaud, Switzerland | – | USD 2.36 B | 16,250 |
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Related news about Hempfusion
Complete news archive for HempFusion
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Frequently Asked Questions about HempFusion
HempFusion was founded in 2013 and raised its 1st funding round 3 years after it was founded.
HempFusion is headquartered in California City, United States. It is registered at California City, California, United States.
Ian DeQueiroz is the current CEO of HempFusion. They have also founded this company.
HempFusion is a funded company, having raised a total of $16.59M across 11 funding rounds to date. The company's 1st funding round was a Seed of $1.02M, raised on Apr 2016.
HempFusion was founded in 2013 in California City, United States, as a brand focused on health care nutrition and hemp extract products. Operations center on developing and marketing these items within the wellness and natural supplements sector. Co-founders Andrew Oliver and Ian DeQueiroz lead the company, with emphasis placed on product formulation and distribution across the U.S. market.
HempFusion's top competitors include Momentous, Your Super and Zurvita.
HempFusion offers Slot Games, Pragmatic Play Games, PG Soft Games, and Slot88 Games.
HempFusion has made 2 acquisitions, including Apothecanna, and Sagely Naturals.