About Hifyre
Hifyre is a company based in Toronto (Canada). It operates as a SaaS (Software-as-a-Service), and Subscription Services. Hifyre has completed 1 acquisition, including PotGuide. Hifyre offers products and services including Hifyre IQ, Hifyre ONE, and Hifyre SPARK.
- Headquarter Toronto, Canada
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Sectors
TechnologyConsumer
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Phone
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Website
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Annual Revenue
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Net Profit
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- Investments & Acquisitions
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Products & Services of Hifyre
Hifyre offers a comprehensive portfolio of products and services, including Hifyre IQ, Hifyre ONE, and Hifyre SPARK. 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.
Real-time sales data analysis for cannabis industry insights.
Data-driven retail software for personalized cannabis shopping experiences.
Largest cannabis loyalty program with personalized member perks.
Funding Insights of Hifyre
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Hifyre
Hifyre has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PotGuide. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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An online marijuana travel guide is developed and operated.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Hifyre
| 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 |
Hifyre Comparisons
Competitors of Hifyre
| 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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Frequently Asked Questions about Hifyre
Where is Hifyre located?
Hifyre is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Hifyre do?
Hifyre is engaged in providing advanced data-driven solutions for the cannabis retail industry. The company operates within the technology and retail sectors, focusing on personalized consumer engagements and optimized business operations. Its offerings include real-time sales data analysis through Hifyre IQ, retail software for in-shop and online experiences via Hifyre ONE, and a large-scale loyalty program named Hifyre SPARK. These solutions are designed to enhance customer experiences, improve sales, and provide deep insights into market trends and consumer behaviors in the North American cannabis market.
What products or services does Hifyre offer?
Hifyre offers Hifyre IQ, Hifyre ONE, and Hifyre SPARK.
How many acquisitions has Hifyre made?
Hifyre has made 1 acquisition, including PotGuide.
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