Indiva

London, Canada Founded: 1979 • Age: 47 yrs Acquired By SNDL
Produces and distributes medical cannabis
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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
  • Sectors
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Agriculture → Agricultural Technology & Innovation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $4 M (USD), Post-IPO

    Jan 22, 2024

  • Investors
    SNDL

    & 6 more

  • Employee Count
    92

    as on Dec 31, 2024

  • Acquired by
    SNDL

    (Jul 05, 2024)

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People of Indiva
Headcount 50-200
Employee Profiles 8
Employee Profiles
People
John Cunha
Operations Manager
People
Alexis Fallon
Order Processor
People
Kelsey Jobson
Regional Sales Director - East & Medical
People
Frank Medaglia
Office Coordinator

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Funding Insights of Indiva

  • Total Funding
  • Total Rounds 9
  • Last Round Post-IPO — $4.0M
  • First Round

    (29 Aug 2017)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2024 Amount Post-IPO - Indiva Valuation

investors

Jun, 2023 Amount Post-IPO - Indiva Valuation

investors

Feb, 2021 Amount Post-IPO - Indiva Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Online platform to sell medicinal cannabis products
Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Indiva

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Indiva

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Indiva Comparisons

Employees
+
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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.
domain founded_year HQ Location
Design-build services for cannabis cultivation facilities are provided.
domain founded_year HQ Location
Producer and supplier of cannabis products
domain founded_year HQ Location
Cannabis-infused herbal teas are produced and sold by Kikoko.
domain founded_year HQ Location
Aeroponic vertical farms for cannabis cultivation are manufactured.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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.

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