StrainSecure

Vancouver, Canada Founded: 2011 • Age: 15 yrs
Blockchain-based solutions for cannabis industry quality assurance are provided.
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About StrainSecure

StrainSecure is a company based in Vancouver (Canada) founded in 2011.. StrainSecure has completed 1 acquisition, including Spark Digital. StrainSecure offers products and services including StrainSecure Platform and QR Code Verification. StrainSecure operates in a competitive market with competitors including Metrc, Orange Photonics, Yofumo, Bloom Automation and BLOCKStrain, among others.

  • Headquarter Vancouver, Canada
  • Stage Public
  • Sectors
    Healthcare
    Agriculture Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Trutrace Technologies, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Agriculture → Agricultural Technology & Innovation
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of StrainSecure

StrainSecure offers a comprehensive portfolio of products and services, including StrainSecure Platform and QR Code Verification. 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.

Primary

Tracks cannabis products for quality and compliance from genome to sale.

Enables product scanning for safety and authenticity checks.

Funding Insights of StrainSecure

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by StrainSecure

StrainSecure has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Spark Digital. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Services related to the development of custom software
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - StrainSecure

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Strainsecure Comparisons

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Competitors of StrainSecure

StrainSecure 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 Metrc, Orange Photonics, Yofumo, Bloom Automation and BLOCKStrain, 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
Traceability solutions for cannabis inventory and compliance are provided.
domain founded_year HQ Location
Analytical instrumentation is provided by Orange Photonics for potency testing.
domain founded_year HQ Location
Automated storage units for cannabis post-harvest processes are offered.
domain founded_year HQ Location
Automation solutions for cannabis cultivation processes are developed.
domain founded_year HQ Location
Blockchain-based supply chain solution for the cannabis industry
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Strainsecure

Frequently Asked Questions about StrainSecure

When was StrainSecure founded?

StrainSecure was founded in 2011.

Where is StrainSecure located?

StrainSecure is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

What does StrainSecure do?

Founded in 2011 in Vancouver, Canada, StrainSecure operates in the cannabis sector using blockchain technology. A digital platform is offered for quality assurance and cannabinoid testing. Verification tools are integrated to enable tracking of products by breeders, consumers, and producers. Seeds, flowers, and post-extraction items can be submitted by organizations and independent growers to registered facilities, where test results are displayed on the platform.

Who are the top competitors of StrainSecure?

StrainSecure's top competitors include Metrc, Orange Photonics and Yofumo.

What products or services does StrainSecure offer?

StrainSecure offers StrainSecure Platform and QR Code Verification.

How many acquisitions has StrainSecure made?

StrainSecure has made 1 acquisition, including Spark Digital.

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