About The Growing Candle
The Growing Candle is a company based in Toledo (United States) founded in 2017 by Cynthia Hileman and Christopher Hileman was acquired by ProsourceFit in November 2024.. The Growing Candle offers products and services including The Growing Candle, Candle Bundles, and Gift Cards. The Growing Candle operates in a competitive market with competitors including Murphy’s Naturals, Flamingo Estate, Wilex Wellness, Panthera Candleworks and Lux Dei Candles, among others.
- Headquarter Toledo, United States
- Founders Cynthia Hileman, Christopher Hileman
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Sectors
RetailConsumer
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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 Hyggelight Llc
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Annual Revenue
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Net Profit
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
ProsourceFit
(Nov 19, 2024)
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Products & Services of The Growing Candle
The Growing Candle offers a comprehensive portfolio of products and services, including The Growing Candle, Candle Bundles, and Gift Cards. 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.
Candle with embedded seeds for wildflower growth after use.
Sets of candles offering discounts for multiple purchases.
Digital or physical cards for purchasing company products.
Funding Insights of The Growing Candle
| 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 |
Investors in The Growing Candle
The Growing Candle has secured backing from 1 investor. Prominent investors backing the company include ProsourceFit. 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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Fitness equipment for health and recovery is sold by ProsourceFit.
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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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Investments & Acquisitions by The Growing Candle
| 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 - The Growing Candle
| 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 |
The Growing Candle Comparisons
Competitors of The Growing Candle
The Growing Candle 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 Murphy’s Naturals, Flamingo Estate, Wilex Wellness, Panthera Candleworks and Lux Dei Candles, 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 |
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| domain | founded_year | HQ Location |
Eco-friendly scented candles and mosquito repellents are sold online.
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Online platform offering multi-category handcrafted scented candles
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| domain | founded_year | HQ Location |
Offers a direct-to-consumer brand of eco-friendly scented candles.
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| domain | founded_year | HQ Location |
Eco-friendly scented candles are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Handcrafted beeswax candles for liturgical and devotional purposes worldwide.
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| domain | founded_year | HQ Location |
Internet first brand of eco-friendly scented candles
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 The Growing Candle
Frequently Asked Questions about The Growing Candle
When was The Growing Candle founded?
The Growing Candle was founded in 2017.
Where is The Growing Candle located?
The Growing Candle is headquartered in Toledo, United States. It is registered at Toledo, Ohio, United States.
Who is the current CEO of The Growing Candle?
Cynthia Hileman is the current CEO of The Growing Candle. They have also founded this company.
What does The Growing Candle do?
The Growing Candle was founded in 2017 in Toledo, United States, as a platform in the e-commerce sector focused on sustainable home goods. High-quality materials are used to craft candles, each equipped with a plantable label containing seeds. Users are enabled to plant these labels post-use, facilitating plant growth. Operations center on direct-to-consumer sales through the website thegrowingcandle.com.
Who are the top competitors of The Growing Candle?
The Growing Candle's top competitors include Murphy’s Naturals, Flamingo Estate and Clove and Sprig.
What products or services does The Growing Candle offer?
The Growing Candle offers The Growing Candle, Candle Bundles, and Gift Cards.
Who are The Growing Candle's investors?
The Growing Candle has 1 investor. Key investors include ProsourceFit.