About Hempsana
Hempsana is a company based in Toronto (Canada) founded in 2018 by Randy Ko and Sohil Mana.. Hempsana has raised $1.31 million across 2 funding rounds from investors including Quinsam Capital. The company has 3 employees as of December 31, 2024. Hempsana operates in a competitive market with competitors including Hyasynth Bio, IGC Pharma, Soul Biotech, Pike Therapeutics and Nura Lyfe Sciences, among others.
- Headquarter Toronto, Canada
- Employees 3 as on 31 Dec, 2024
- Founders Randy Ko, Sohil Mana
- Stage Public
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.31 M (USD)
in 2 rounds
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Latest Funding Round
$834.07 K (USD), Seed
Mar 18, 2021
- Investors
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Employee Count
3
as on Dec 31, 2024
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Funding Insights of Hempsana
Hempsana has successfully raised a total of $1.31M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $834.07 thousand completed in March 2021. 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 Seed — $834,067
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First Round
First Round
(02 Jul 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Hempsana | Valuation |
investors |
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| Jul, 2019 | Amount | Seed - Hempsana | Valuation | Quinsam Capital |
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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 Hempsana
Hempsana has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Quinsam Capital. 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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Investment management is focused on the cannabis industry.
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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 Hempsana
| 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 - Hempsana
| 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 |
Hempsana Comparisons
Competitors of Hempsana
Hempsana 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 Hyasynth Bio, IGC Pharma, Soul Biotech, Pike Therapeutics and Nura Lyfe Sciences, 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 |
Developer of cannabinoid products intended to treat neurological disorders
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| domain | founded_year | HQ Location |
Pharmaceutical products targeting neurological disorders like Alzheimer's are developed.
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| domain | founded_year | HQ Location |
Psychedelics, mushrooms, and cannabinoids are developed for mental health treatments.
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| domain | founded_year | HQ Location |
Developer of psychedelic and cannabinoid therapeutics
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| domain | founded_year | HQ Location |
Delivers comprehensive psychedelic and cannabinoid therapeutics for neurological disorders.
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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 Hempsana
Frequently Asked Questions about Hempsana
When was Hempsana founded?
Hempsana was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Hempsana located?
Hempsana is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of Hempsana?
Randy Ko is the current CEO of Hempsana. They have also founded this company.
Is Hempsana a funded company?
Hempsana is a funded company, having raised a total of $1.31M across 2 funding rounds to date. The company's 1st funding round was a Seed of $480K, raised on Jul 02, 2019.
How many employees does Hempsana have?
As of Dec 31, 2024, the latest employee count at Hempsana is 3.
What does Hempsana do?
Hempsana was established in 2018 in Toronto, Canada, within the hemp processing sector. Solutions for extracting CBD oil from hemp plants are offered to cultivators and producers. Operating models are developed to facilitate CBD derivation, supporting management of neurological disorders via endocannabinoid compounds. A co-pay program is provided to farmers, aiding production oversight and financial planning across operations.
Who are the top competitors of Hempsana?
Hempsana's top competitors include IGC Pharma, Hyasynth Bio and Pike Therapeutics.
Who are Hempsana's investors?
Hempsana has 1 investor. Key investors include Quinsam Capital.