About SmartSweets
SmartSweets is a company based in Vancouver (Canada) founded in 2015 by Tara Bosch was acquired by TPG in October 2020.. SmartSweets has raised $3 million across 2 funding rounds from investors including TPG, Scott E and Terry Tierney. The company has 81 employees as of December 31, 2024. SmartSweets operates in a competitive market with competitors including Ferrara Candy, CannAmerica Brands, Regal confections, Brach's and Huer Foods, among others.
- Headquarter Vancouver, Canada
- Employees 81 as on 31 Dec, 2024
- Founders Tara Bosch
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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Funding Insights of SmartSweets
SmartSweets has successfully raised a total of $3M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(30 Mar 2018)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Angel Round - SmartSweets | Valuation |
investors |
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| Mar, 2018 | Amount | Angel Round - SmartSweets | Valuation |
investors |
| 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 SmartSweets
SmartSweets has secured backing from 8 investors, including angel and venture fund investors. Prominent investors backing the company include TPG, Scott E and Terry Tierney. 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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Fund of funds focused on pre-seed and seed-stage companies
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Founded Year | Domain | Location | |
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Scott E |
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Founded Year | Domain | Location |
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TT
Terry Tierney |
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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 SmartSweets
| 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 - SmartSweets
| 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 |
Smartsweets Comparisons
Competitors of SmartSweets
SmartSweets 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 Ferrara Candy, CannAmerica Brands, Regal confections, Brach's and Huer Foods, 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 |
Gum and candies are manufactured and sold by Ferrara Candy.
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| domain | founded_year | HQ Location |
Gummies in various flavors are manufactured and branded by CannAmerica.
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| domain | founded_year | HQ Location |
Distributor and manufacturer of confectionery and chocolate products
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| domain | founded_year | HQ Location |
Candy brand
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| domain | founded_year | HQ Location |
Brand of gummies
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| 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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Latest news on Smartsweets
Frequently Asked Questions about SmartSweets
When was SmartSweets founded?
SmartSweets was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Where is SmartSweets located?
SmartSweets is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of SmartSweets?
Tara Bosch is the current CEO of SmartSweets. They have also founded this company.
Is SmartSweets a funded company?
SmartSweets is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $3M, raised on Mar 30, 2018.
How many employees does SmartSweets have?
As of Dec 31, 2024, the latest employee count at SmartSweets is 81.
What does SmartSweets do?
SmartSweets was founded in 2015 in Vancouver, Canada, within the confectionery sector. Fruit and sour gummy bear products are produced and distributed, with claims of being gluten-free, dairy-free, GMO-free, nut-free, and absent of sugar alcohols or artificial additives. These items are available for purchase online through the companys website or via various retailers, with payment options including PayPal and Apple Pay.
Who are the top competitors of SmartSweets?
SmartSweets's top competitors include Regal confections, Huer Foods and CannAmerica Brands.
Who are SmartSweets's investors?
SmartSweets has 8 investors. Key investors include TPG, Scott E, Terry Tierney, Eric Patel, and Nina Dobrev.