About Newstrike
Newstrike is a company based in Toronto (Canada) founded in 2004 was acquired by HEXO in March 2019.. Newstrike offers products and services including Media Relations and Events and Online Engagement.
- Headquarter Toronto, Canada
- Stage Public
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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 Mpressions Public Relations, Llc
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Products & Services of Newstrike
Newstrike offers a comprehensive portfolio of products and services, including Media Relations and Events and Online Engagement. 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.
Media relations services are provided to promote brands and facilitate conversations through strategic engagements.
Events and online engagement services are offered to enhance brand visibility and encourage public interaction.
Funding Insights of Newstrike
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $51.8M
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First Round
First Round
(16 Feb 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Post-IPO - Newstrike | Valuation |
investors |
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| Feb, 2018 | Amount | Post-IPO - Newstrike | Valuation |
investors |
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| 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 Newstrike
Newstrike has secured backing from 1 investor. Prominent investors backing the company include HEXO. 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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Cannabis-based products are manufactured by HEXO in Canada.
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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 Newstrike
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Newstrike
| 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 |
Newstrike Comparisons
Competitors of Newstrike
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Newstrike
When was Newstrike founded?
Newstrike was founded in 2004 and raised its 1st funding round 14 years after it was founded.
Where is Newstrike located?
Newstrike is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Newstrike do?
Newstrike was established in 2004 in Toronto, Canada, within the cannabis production sector. Ownership of Up Cannabis Inc. is held, with licensing granted for cultivation and sales of dried and fresh marijuana forms. Facilities are operated in Brantford and Niagara, Ontario, where an annual production capacity of 12,500 kg is maintained to serve Canadian markets.
What products or services does Newstrike offer?
Newstrike offers Media Relations and Events and Online Engagement.
Who are Newstrike's investors?
Newstrike has 1 investor. Key investors include HEXO.