About Passionoat
Passionoat is a company based in Calgary (Canada) founded in 2019 by Zachary Champoux.. Passionoat offers products and services including Oat Milk. Passionoat operates in a competitive market with competitors including Global Gardens, Yoggu, Magic Oats, Moo Free Beverages and BOHOMYLK, among others.
- Headquarter Calgary, Canada
- Founders Zachary Champoux
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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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- Legal Name Passionoat Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Products & Services of Passionoat
Passionoat offers a comprehensive portfolio of products and services, including Oat Milk. 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.
Vegan alternative made from Canadian oats for drinking and cooking.
Funding Insights of Passionoat
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Seed - Passionoat | Valuation | THRIVE |
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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 Passionoat
Passionoat has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include THRIVE Agrifood. 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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Food and agtech startups are accelerated by THRIVE programs.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Passionoat
| 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 - Passionoat
| 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 |
Passionoat Comparisons
Competitors of Passionoat
Passionoat 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 Global Gardens, Yoggu, Magic Oats, Moo Free Beverages and BOHOMYLK, 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 |
Develops and sells plant-based beverages in Canada.
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| domain | founded_year | HQ Location |
Creates and sells dairy-free coconut yogurt with natural ingredients for health-focused consumers.
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| domain | founded_year | HQ Location |
Produces instant oat milk powder in various flavors for easy, eco-friendly preparation.
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| domain | founded_year | HQ Location |
A manufacturer and brand specializing in oat milk products.
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| domain | founded_year | HQ Location |
Offers a brand of high-quality plant-based milk products.
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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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Frequently Asked Questions about Passionoat
When was Passionoat founded?
Passionoat was founded in 2019 and raised its 1st funding round 3 years after it was founded.
Where is Passionoat located?
Passionoat is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Who is the current CEO of Passionoat?
Zachary Champoux is the current CEO of Passionoat. They have also founded this company.
What does Passionoat do?
Vegan oat milk beverage processor that offers sustainably made oat milk products. It uses an enzymatic process to convert all the soluble oat starch into sugar. It also produces an oat creamer that mixes well with coffee.
Who are the top competitors of Passionoat?
Passionoat's top competitors include Global Gardens, Yoggu and Magic Oats.
What products or services does Passionoat offer?
Passionoat offers Oat Milk.
Who are Passionoat's investors?
Passionoat has 1 investor. Key investors include THRIVE Agrifood.