About Strainz
Strainz is a company based in Las Vegas (United States) founded in 2013 was acquired by Cannabis One in March 2021.. Strainz has raised $6 million across 2 funding rounds from investors including Cannabis One. Strainz offers products and services including CBD Tinctures, Softgels, and Petz Tinctures.
- Headquarter Las Vegas, United States
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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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- Legal Name Strainz, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Debt – Conventional
Apr 04, 2016
- Investors
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Employee Count
Employee Count
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Acquired by
Cannabis One
(Mar 04, 2021)
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Products & Services of Strainz
Strainz offers a comprehensive portfolio of products and services, including CBD Tinctures, Softgels, and Petz Tinctures. 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.
Tinctures for CBD consumption to support wellness.
Softgels providing CBD for easy daily ingestion.
CBD products designed for pets to aid anxiety.
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Funding Insights of Strainz
Strainz has successfully raised a total of $6M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2 million completed in April 2016. 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 Debt – Conventional — $2.0M
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First Round
First Round
(23 Mar 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Debt – Conventional - Strainz | Valuation |
investors |
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| Mar, 2016 | Amount | Series A - Strainz | 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 Strainz
Strainz has secured backing from 1 investor. Prominent investors backing the company include Cannabis One. 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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Licensed cannabis is cultivated and marijuana products are produced.
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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 Strainz
| 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 - Strainz
| 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 |
Strainz Comparisons
Competitors of Strainz
| 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 Strainz
Frequently Asked Questions about Strainz
When was Strainz founded?
Strainz was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Strainz located?
Strainz is headquartered in Las Vegas, United States. It is registered at Las Vegas, Nevada, United States.
Is Strainz a funded company?
Strainz is a funded company, having raised a total of $6M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Mar 23, 2016.
What does Strainz do?
Strainz was established in 2013 in Las Vegas, United States, as a cannabis brand management entity. A portfolio of premium-grade cannabis products is delivered through operations in the cannabis sector. Strategic partnerships are maintained with multiple state-licensed cultivation and production facilities to support product distribution and management across relevant geographies.
What products or services does Strainz offer?
Strainz offers CBD Tinctures, Softgels, and Petz Tinctures.
Who are Strainz's investors?
Strainz has 1 investor. Key investors include Cannabis One.
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