About Maitri Medicinals
Maitri Medicinals is a company based in Uniontown (United States) founded in 2016 by Joseph Vesely.. Maitri Medicinals has raised $6.88 million across 1 funding round. Maitri Medicinals operates in a competitive market with competitors including Curio Wellness, Lucid Green, Wana Brands, CV Sciences and Parallel, among others.
- Headquarter Uniontown, United States
- Founders Joseph Vesely
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Sectors
Consumer
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.88 M (USD)
in 1 rounds
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Latest Funding Round
$6.88 M (USD), Series A
Feb 22, 2019
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Investors
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Employee Count
Employee Count
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Funding Insights of Maitri Medicinals
Maitri Medicinals has successfully raised a total of $6.88M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.88 million completed in February 2019. 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 Series A — $6.9M
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First Round
First Round
(22 Feb 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2019 | Amount | Series A - Maitri Medicinals | 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 |
Investments & Acquisitions by Maitri Medicinals
| 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 - Maitri Medicinals
| 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 |
Maitri Medicinals Comparisons
Competitors of Maitri Medicinals
Maitri Medicinals 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 Curio Wellness, Lucid Green, Wana Brands, CV Sciences and Parallel, 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 |
Medical cannabis products for sleep disorders are provided.
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| domain | founded_year | HQ Location |
Cannabis-based product information is provided for consumer education.
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| domain | founded_year | HQ Location |
Cannabis-infused jellies in various flavors are developed for consumers.
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| domain | founded_year | HQ Location |
Cannabidiol-based pharmaceuticals and consumer products are developed and distributed.
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| domain | founded_year | HQ Location |
Parallel is engaged in AI-native product design and user experience solutions.
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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 Maitri Medicinals
Frequently Asked Questions about Maitri Medicinals
When was Maitri Medicinals founded?
Maitri Medicinals was founded in 2016 and raised its 1st funding round 3 years after it was founded.
Where is Maitri Medicinals located?
Maitri Medicinals is headquartered in Uniontown, United States. It is registered at Uniontown, Pennsylvania, United States.
Is Maitri Medicinals a funded company?
Maitri Medicinals is a funded company, having raised a total of $6.88M across 1 funding round to date. The company's 1st funding round was a Series A of $6.88M, raised on Feb 22, 2019.
What does Maitri Medicinals do?
Maitri Medicinals was established in 2016 in Uniontown, United States, within the medical cannabis sector. Operations center on the production of cannabis-based products for therapeutic uses. The companys domain, maitrimedicinals.com, supports its online activities. Leadership includes Joseph Vesely, who serves as Co-Founder and Chief Product Officer. Focus remains on manufacturing processes compliant with industry standards in the healthcare field.
Who are the top competitors of Maitri Medicinals?
Maitri Medicinals's top competitors include Curio Wellness, Lucid Green and Wana Brands.