About Molecule
Molecule is a company based in Kingston (Canada) founded in 2018 by Amy Proulx and Andre Audet was acquired by Genesis Systems in May 2023. Molecule has raised $2.18 million across 1 funding round from investors including Genesis Systems. The company has 13 employees as of December 31, 2024. Molecule offers products and services including Cannabis Beverages. Molecule operates in a competitive market with competitors including Fluent Beverages, Wav Of Life and MAVCAN, among others.
- Headquarter Kingston, Canada
- Employees 13 as on 31 Dec, 2024
- Founders Amy Proulx, Andre Audet
- Stage Public
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Sectors
Consumer
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2.18 M (USD)
in 1 rounds
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Latest Funding Round
$2.18 M (USD), Seed
Nov 28, 2024
- Investors
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Employee Count
13
as on Dec 31, 2024
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Acquired by
Genesis Systems
(May 01, 2023)
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Products & Services of Molecule
Molecule offers a comprehensive portfolio of products and services, including Cannabis Beverages.
High-quality infused drinks providing cannabinoid experiences for consumers.
Funding Insights of Molecule
Molecule has successfully raised a total of $2.18M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.18 million completed in November 2024. 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.
Investors in Molecule
Molecule has secured backing from 1 investor. Prominent investors backing the company include Genesis Systems.
| Investor | Description | Founded Year | Domain | Location |
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Atmospheric water generators are manufactured for residential and industrial uses.
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Locked | Locked | Locked |
Investor details for Molecule
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Investments & Acquisitions by Molecule
Investment portfolio details for Molecule
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Financial Statements - Molecule
Detailed financials for Molecule
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Molecule Comparisons
Peer comparison for Molecule
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Competitors of Molecule
Molecule 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 Fluent Beverages, Wav Of Life and MAVCAN, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Serves as a brand specializing in CBD-infused beverages for consumer wellness.
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A brand offering CBD-infused supplements for health and wellness.
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Specializes in offering CBD-infused beverages as a consumer brand.
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Detailed competitors of Molecule
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Latest news on Molecule
Complete news archive for Molecule
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Frequently Asked Questions about Molecule
Molecule was founded in 2018 and raised its 1st funding round 6 years after it was founded.
Molecule is headquartered in Kingston, Canada. It is registered at Kingston, Ontario, Canada.
Dacid Reingold is the current CEO of Molecule.
Molecule is a funded company, having raised a total of $2.18M across 1 funding round to date.
As of Dec 31, 2024, the latest employee count at Molecule is 13.
Molecule was founded in 2018 in Kingston, Canada, as a brand focused on cannabis-infused beverage products. Operations center on the production and distribution of non-alcoholic drinks incorporating cannabis extracts, targeting the legal recreational market. Leadership includes co-founders Amy Proulx and Andre Audet, with David Reingold serving as CEO. The company operates within Canadas regulated cannabis sector, emphasizing product innovation and compliance.
Molecule's top competitors include Fluent Beverages, Wav Of Life and MAVCAN.
Molecule offers Cannabis Beverages.
Molecule has 1 investor. Key investors include Genesis Systems.