About Sproutly
Sproutly is a company based in Vancouver (Canada) founded in 2013. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). Sproutly has completed 1 acquisition, including Infusion Biosciences. Sproutly offers products and services including Infuz2O, BioNatural Oil (BNO), and CALIBER Flower.
- Headquarter Vancouver, Canada
- Stage Public
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website sproutly.ca
- Social LinkedIn X Facebook
- Legal Name Sproutly Canada Inc.
- InvestorsCanaccord Genuity Group
& 1 more
- Investments & Acquisitions
Products & Services of Sproutly
Sproutly offers a comprehensive portfolio of products and services, including Infuz2O, BioNatural Oil (BNO), and CALIBER Flower.
Water-soluble cannabis solution for beverage infusion.
Strain-specific cannabis oil for edibles use.
Premium indoor-grown cannabis flower for consumers.
Funding Insights of Sproutly
- Total Rounds 4
- First Round $20.76M
(Oct 2018)
- Investors Count 2
All 4 funding rounds of Sproutly with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2021 | – | Post-IPO | – | – | – |
| Aug 2020 | $855,000 | Post-IPO | – | – | |
| Jan 2020 | $1M | Post-IPO | – | – | |
| Oct 2018 | $20.76M | Post-IPO | – | – |
2 investors in total: 2 institutional.
Investors in Sproutly
Sproutly has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Canaccord Genuity Group and Infusion Biosciences.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Oils, cannabinoids, terpenes, and related products are manufactured. | 2016 | infusionbiosciences.com | Toronto, Canada | |
Merger and acquisitions advisory firm | 1950 | canaccordgenuity.com | Toronto, Canada |
Investor details for Sproutly
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Sproutly
6 people are tracked at Sproutly (5 in leadership, 1 in board & advisors).
| Name | Role | Group |
|---|---|---|
Keith Dolo | President & CEO | Leadership |
Arup Sen | CEO | Leadership |
Karin Studer | Director, Regulatory & License Affairs | Leadership |
Paul Marcellino | Director | Leadership |
Craig Loverock | CFO | Leadership |
Constantine Constandis | Director | Board & advisors |
Complete people profiles for Sproutly
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Sproutly
Sproutly is a publicly listed company on the OTC with ticker symbol SRUTF in USA, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date21 Apr 2016
- Listed onCSE: SPR
- Listed entitySproutly Canada Inc.
- Exchange sectorProcess industries
- ISINCA85209J1084
- Share price$0.00 · 2026-10-08
- Volume (last session)24,300
Investments & Acquisitions by Sproutly
Sproutly has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Infusion Biosciences.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Oils, cannabinoids, terpenes, and related products are manufactured. | infusionbiosciences.com | Toronto, Canada | 2016 | Jul 2018 | •••• |
Complete acquisition details for Sproutly
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Sproutly
5 dated milestones of Sproutly across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Sproutly is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Infusion Biosciences.
- Funding First funding round of $20.8M.
- Funding Latest funding round, Post-IPO,.
Similar companies to Sproutly
10 companies that operate in the same segment as Sproutly (Cannabis Platforms & Ecosystem Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Legal medical and recreational cannabis products are manufactured. | 2016 | Ann Arbor, Michigan, United States | USD 89.95 M | – | 214 | |
Cannabis is cultivated, processed, and retailed by PharmaCann vertically. | 2014 | Oak Park, Illinois, United States | USD 218.7 M | – | 979 | |
Consumer lawn and garden products and services are provided. | 1868 | Columbus, Ohio, United States | – | USD 3.41 B | 5,300 | |
Provider of cannabis dispensaries, cultivators, CPG brands, and services | – | Denver, Colorado, United States | – | USD 172.45 M | – | |
Provider of cannabis based medical and consumer products | 2016 | New York, New York, United States | USD 13.78 M | USD 17.42 M | – | |
Offers medical & wellness cannabis products sourcing and processing services | 2021 | London, England, United Kingdom | USD 5.32 M | USD 258.08 K | 168 | |
Cannabis extracts and white label solutions are provided globally. | 2016 | United States | USD 13.56 M | – | – | |
Cannabis products are produced, cultivated, branded, and processed. | 2017 | New York, New York, United States | – | – | 2,198 | |
Developer of water-soluble cannabinoid extraction technologies | 2018 | Los Alamos, New Mexico, United States | USD 47.59 M | – | – | |
Medicinal cannabis is produced by Blueberries Medical in Colombia. | 2013 | Bogota, Bogota, Colombia | – | USD 228.08 K | – |
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Frequently Asked Questions about Sproutly
Sproutly was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Sproutly is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Keith Dolo is the current CEO of Sproutly.
Sproutly Canada, Inc. is focused on developing innovative cannabis ingredients for the beverage and edibles market. Operating in the healthcare sector with a specialization in cannabis products, the company leverages proprietary APP Technology to produce water-soluble cannabinoids (Infuz2O) and strain-specific oils (BioNatural Oil). These solutions are designed for rapid onset and controlled effects in consumer products. Headquartered in Vancouver, Canada, with operations in Toronto, Sproutly aims to partner with established brands to distribute its offerings in regulated markets globally.
Sproutly offers Infuz2O, BioNatural Oil (BNO), and CALIBER Flower.
Yes, Sproutly is publicly traded on OTC under the ticker symbol SRUTF.
Sproutly has made 1 acquisition, including Infusion Biosciences.
Sproutly has 2 investors. Key investors include Canaccord Genuity Group, and Infusion Biosciences.
Sproutly operates through Sproutly Canada, Inc..