About Indiva
Indiva is a company based in London (Canada) founded in 1979 by Niel Marotta and Max Marion was acquired by SNDL in July 2024.. The company has 92 employees as of December 31, 2024. Indiva operates in a competitive market with competitors including Spiritleaf, MYM Nutraceuticals, JWC, Kikoko and SproutAI, among others.
- Headquarter London, Canada
- Employees 92 as on 31 Dec, 2024
- Founders Niel Marotta, Max Marion
- Stage Public
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Sectors
Agriculture
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Email
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Phone
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Website
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Social
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Funding Insights of Indiva
- Total Funding Total Funding
- Total Rounds 9
- Last Round Post-IPO — $4.0M
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First Round
First Round
(29 Aug 2017)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Post-IPO - Indiva | Valuation |
investors |
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| Jun, 2023 | Amount | Post-IPO - Indiva | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Indiva | 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 Indiva
Indiva has secured backing from 7 investors, including institutional and angel investors. Prominent investors backing the company include SNDL, Tweed Main Street and Sundial 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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Online platform to sell medicinal cannabis products
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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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 Indiva
| 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 - Indiva
| 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 |
Indiva Comparisons
Competitors of Indiva
Indiva 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 Spiritleaf, MYM Nutraceuticals, JWC, Kikoko and SproutAI, 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 |
Cannabis products are produced and supplied for recreational use.
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| domain | founded_year | HQ Location |
Design-build services for cannabis cultivation facilities are provided.
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| domain | founded_year | HQ Location |
Producer and supplier of cannabis products
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| domain | founded_year | HQ Location |
Cannabis-infused herbal teas are produced and sold by Kikoko.
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| domain | founded_year | HQ Location |
Aeroponic vertical farms for cannabis cultivation are manufactured.
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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 Indiva
Frequently Asked Questions about Indiva
When was Indiva founded?
Indiva was founded in 1979 and raised its 1st funding round 38 years after it was founded.
Where is Indiva located?
Indiva is headquartered in London, Canada. It is registered at London, Ontario, Canada.
Who is the current CEO of Indiva?
Niel Marotta is the current CEO of Indiva. They have also founded this company.
How many employees does Indiva have?
As of Dec 31, 2024, the latest employee count at Indiva is 92.
What does Indiva do?
Indiva was founded in 1979 and is headquartered in London, Canada. Operations are centered on the production and distribution of medical cannabis within the healthcare sector. Dried cannabis flowers, oils, extracts, and edibles are included among the product lines offered. Distribution occurs primarily in Canada, with a focus on regulatory-compliant medical applications. Leadership is provided by co-founders Niel Marotta as CEO and Max Marion.
Who are the top competitors of Indiva?
Indiva's top competitors include JWC, Spiritleaf and MYM Nutraceuticals.
Who are Indiva's investors?
Indiva has 7 investors. Key investors include SNDL, Tweed Main Street, Sundial Cannabis, ATB Capital Markets, and Prairie Merchant.