Ignite

Las Vegas, United States Founded: 1985 • Age: 41 yrs Listed
Online marketplace platform for cannabis products is provided.

About Ignite

Ignite is a company based in Las Vegas (United States) founded in 1985. The company has 18 employees. Ignite has completed 1 acquisition, including Gen X Biosciences. Ignite operates in a competitive market with competitors including Emmac, Canada House, Poof, Bonza Seeds and Buds2Go, among others.

Key Metrics
  • Annual Revenue
    ₹3.2 Lakh

    FY 2025

  • Net Loss
    -₹4.4 Lakh

    FY 2025 · -137% margin

  • EBITDA
    -₹4.4 Lakh

    FY 2025 · -137% margin

  • Latest Funding Round
    $2.86M (USD), Post-IPO

    Sep 2021

  • Investors
  • Employee Count
    18
  • Investments & Acquisitions

Funding Insights of Ignite

  • Total Rounds 1
  • Last Round Post-IPO β€” $2.86M
  • First Round $2.86M

    (Sep 2021)

  • Investors Count 1

All 1 funding rounds of Ignite with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2021$2.86MPost-IPO––
Valuation history

1 investors in total: 1 institutional.

Investors in Ignite

Ignite has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Brisa Max.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Brisa Max is a company based in Virgin Islands.
2016brisamax.comSt. Thomas, Virgin Islands
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Investor details for Ignite

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  • Round participation
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Board of directors of Ignite International Brands Private Limited (Ignite)

Ignite International Brands Private Limited is the primary company behind Ignite. The board of Ignite International Brands Private Limited currently have 3 directors; the longest-serving is Adarsh Somani, appointed in 2023. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Adarsh Somani
DIN 08267126
Director21 Nov 20232 yrs 10 moIgnite International Brands Private Limited
Anirban Sen
DIN 09297037
Director21 Nov 20232 yrs 10 moIgnite International Brands Private Limited
Scott Joseph Rohleder
DIN 10450924
Director12 Jun 20242 yrs 3 moIgnite International Brands Private Limited

People of Ignite

7 people are tracked at Ignite (4 in leadership, 1 in board & advisors, 2 in team); the tracked headcount is 18.

NameRoleGroup
Ramki Ramakrishnan
DirectorLeadership
Dan Bilzerian
CEO, Founder & ChairmanLeadership
Rupy Dhadwar
CFOLeadership
Homero Moran
VP, Spirits DivisionLeadership
Vered Elkouby Nisim
Independent Non-Executive DirectorBoard & advisors
Dawn Mason
Accounts Receivable SpecialistTeam
Tram Tran
Finance ManagerTeam
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Complete people profiles for Ignite

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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  • Team structure
  • Board tenure
  • Professional contacts

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Financials of Ignite

Figures of Ignite International Brands Private Limited, the primary company behind Ignite, for FY 2025. Revenue was ₹3.2 Lakh. Net loss was -₹4.4 Lakh (-137% margin). EBITDA was -₹4.4 Lakh (-137% margin).

  • ₹3.2 LakhRevenue · FY 2025
  • -₹4.4 LakhNet loss · -137% margin
  • -₹4.4 LakhEBITDA · -137% margin
  • ₹1.80 CrPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Ignite International Brands Private Limited are on its company page.

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Detailed financial statements for Ignite

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Investments & Acquisitions by Ignite

Ignite has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Gen X Biosciences.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cannabis products are cultivated and extracted using proprietary systems.
genxbiosciences.comOrange, United States2016Jan 2019β€’β€’β€’β€’
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Complete acquisition details for Ignite

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  • Acquired stakes
  • Deal sources
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  • Exports

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Timeline of Ignite

4 dated milestones of Ignite across 36 years, from founding to its latest funding, stage changes and deals.

  1. Founded Ignite is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires Gen X Biosciences.
  4. Funding First funding round of $2.9M.

Competitors of Ignite

Ignite 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 Emmac, Canada House, Poof, Bonza Seeds and Buds2Go, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
emmac.com2018London, United Kingdom$69.14M187
Medical cannabis products are produced and supplied by Emmac.
canadahouse.ca2003Pickering, Canada––
Medical-grade cannabis is cultivated and cannabinoid therapy is provided globally.
poof.io2020Berkeley, United States––
Payment gateways for cryptocurrencies, banking, and credit cards are facilitated.
bonzaseeds.com2011United Kingdom––
Manages an e-commerce store specializing in cannabis seeds.
buds2go.ca2017Vancouver, Canada––
Medicinal cannabis products and accessories are sold online.
greenleavesbiomed.com2023London, United Kingdom––
Secure platform for cannabis industry commodities management and B2B trading.
cannabismarketspace.com2021Toronto, Canada––
Online platform for cannabis equipment listings, events, jobs, and business transactions.
automanseeds.com1975Ottawa, Canada––
Operates as an online distributor of cannabis seeds.
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Detailed competitors of Ignite

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
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Web traffic of Ignite

The website of Ignite (ignite.co) receives about 52.1K visits a month.

  • Monthly visits
    52.1K

    ▲ 37.7% vs previous month

Similar websites

Websites whose visitors overlap most with Ignite. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
ignitenational.org
ignitenational.org
100%
–#3,050,140–
lgnite.com.br
lgnite.com.br
97%
–––
wolfshopbrasil.com
wolfshopbrasil.com
89%
–––
puffignite.co
puffignite.co
81%
–#720,362–

Latest news on Ignite

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Complete news archive for Ignite

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Ignite

10 companies that operate in the same segment as Ignite (Cannabis Health Tech Ecosystem), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cannabis products are provided to support consumer wellness and health.
2013Smiths Falls, Ontario, Canada–USD 204.24 M960
Online marketplace platform for cannabis traders
2015New York, New York, United StatesUSD 195.4 M––
Loyalty and marketing solutions for cannabis dispensaries are provided.
2012West Palm Beach, Florida, United StatesUSD 25.79 MUSD 22.83 M–
An online marketplace for cannabis products is operated.
2017Bend, Oregon, United StatesUSD 603 M–137
Online platform for cannabis strains, reviews, and ratings
2010Seattle, Washington, United StatesUSD 40.7 M––
Provider of cannabis products, brands, and international business development investments
2013Moncton, New Brunswick, Canada–USD 186.16 M898
ERP software is offered via cloud platform for cannabis operations.
2018Boston, Massachusetts, United States–USD 110.08 M313
Online marketplace connecting licensed cannabis vendors and dispensaries
2015Chicago, Illinois, United StatesUSD 22.57 M––
Enterprise software is provided for cannabis dispensary management.
2016Oakland, California, United StatesUSD 75.5 MUSD 148.97 K97
Proprietary medical cannabis strains are developed and offered.
2014Maryland Heights, Missouri, United StatesUSD 156 M–557
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Frequently Asked Questions about Ignite

Ignite was founded in 1985 and raised its 1st funding round 36 years after it was founded.

Ignite is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.

Ignite has 18 employees.

The primary company behind Ignite, Ignite International Brands Private Limited, reported revenue of β‚Ή3.2 Lakh for FY 2025.

The company was founded in 1985 in Las Vegas, United States, within the cannabis sector. An online marketplace platform is operated for cannabis products, including CBD-infused items such as flavored drops, vape pens, toothpicks, and rechargeable variants. Online ordering is facilitated for strains like sativa, indica, hybrids, and CBD-rich types, serving users across relevant geographies.

Ignite's top competitors include Emmac, Canada House and Poof.

Ignite has made 1 acquisition, including Gen X Biosciences.

Ignite has 1 investor. Key investors include Brisa Max.

Ignite operates through Ignite International Brands Private Limited.

The legal entities of Ignite currently have 3 directors, including Adarsh Somani, Anirban Sen, Scott Joseph Rohleder.

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