About Kanabo
Kanabo is a company based in Tel Aviv (Israel) founded in 2016 by David Sack and Avihu Tamir was acquired by Spinnaker in December 2019. It operates as a Direct-to-Consumer (D2C), Reseller / Distribution, and HealthTech. Kanabo has raised $1.08 million across 1 funding round from investors including Spinnaker. Kanabo has completed 1 acquisition, including The GP Service. Kanabo offers products and services including VapePod and Cannabis Formulas. Kanabo operates in a competitive market with competitors including Syqe, Dosist, Fernway, Philter and Resolve Digital Health, among others.
- Headquarter Tel Aviv, Israel
- Founders David Sack, Avihu Tamir
- 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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- Legal Name Kanabo Research Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.08 M (USD)
in 1 rounds
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Latest Funding Round
$1.08 M (USD), Seed
Mar 19, 2020
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
Spinnaker
(Dec 02, 2019)
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Products & Services of Kanabo
Kanabo offers a comprehensive portfolio of products and services, including VapePod and Cannabis Formulas. 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.
A certified vaporization device for cannabis extracts used.
Formulas developed for CNS disorders and CBD markets.
Funding Insights of Kanabo
Kanabo has successfully raised a total of $1.08M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.08 million completed in March 2020. 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 1
- Last Round Seed — $1.1M
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First Round
First Round
(19 Mar 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2020 | Amount | Seed - Kanabo | Valuation |
investors |
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| 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 |
Investors in Kanabo
Kanabo has secured backing from 1 investor. Prominent investors backing the company include Spinnaker. 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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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 Kanabo
Kanabo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include The GP Service. 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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Online doctor consultations and pharmacy home delivery are offered.
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2014 |
| 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 - Kanabo
| 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 |
Kanabo Comparisons
Competitors of Kanabo
Kanabo 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 Syqe, Dosist, Fernway, Philter and Resolve Digital Health, 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 |
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| domain | founded_year | HQ Location |
Precise dosing inhaler for medical cannabis is developed.
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| domain | founded_year | HQ Location |
Cannabis strains are sourced and processed for therapeutic products.
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| domain | founded_year | HQ Location |
Cannabis-based vaporizer cartridges with natural terpenes are provided.
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| domain | founded_year | HQ Location |
Vapour cigarettes are branded and offered by Philter.
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| domain | founded_year | HQ Location |
Smart inhalers and health monitoring devices are developed for wellness.
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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 Kanabo
Frequently Asked Questions about Kanabo
When was Kanabo founded?
Kanabo was founded in 2016 and raised its 1st funding round 4 years after it was founded.
Where is Kanabo located?
Kanabo is headquartered in Tel Aviv, Israel.
Who is the current CEO of Kanabo?
Avihu Tamir is the current CEO of Kanabo. They have also founded this company.
Is Kanabo a funded company?
Kanabo is a funded company, having raised a total of $1.08M across 1 funding round to date. The company's 1st funding round was a Seed of $1.08M, raised on Mar 19, 2020.
What does Kanabo do?
Kanabo is engaged in the development and distribution of medical cannabis products, targeting both medical patients and CBD consumers. The company operates within the healthcare sector, specializing in high-quality cannabis oil formulas and innovative medical-grade vaporizers. Research and development activities are conducted in Israel, a leader in the cannabis industry, with clinical validation and safety tests performed to ensure product efficacy. Solutions include non-smoking consumption methods to make treatment accessible. Initial products are sold in Europe, with plans to scale operations to meet growing market demands.
What products or services does Kanabo offer?
Kanabo offers VapePod and Cannabis Formulas.
How many acquisitions has Kanabo made?
Kanabo has made 1 acquisition, including The GP Service.
Who are Kanabo's investors?
Kanabo has 1 investor. Key investors include Spinnaker.