About Tilray
Tilray is a company based in Leamington (Canada) founded in 2013.. Tilray has raised $98.25 million across 3 funding rounds from investors including Privateer Holdings. The company has 2,840 employees as of May 31, 2024. Tilray has completed 21 acquisitions, including 10 Barrel Brewing Company, Alef Biotechnology and Atwater Brewery. Tilray operates in a competitive market with competitors including AWH, Jushi Holdings, Verano, Curaleaf and Charlotte's Web, among others.
- Headquarter Leamington, Canada
- Employees 2840 as on 31 May, 2024
- Stage Public
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Tilray Brands, Inc.
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Annual Revenue
$821.31 M4.1as on May 31, 2024
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Net Profit
$-2.19 B-792.62as on May 31, 2024
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EBITDA
$25.68 M81.4as on May 31, 2024
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Total Equity Funding
$98.25 M (USD)
in 3 rounds
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Latest Funding Round
$450 M (USD), Post-IPO
Oct 10, 2018
- Investors
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Employee Count
2840
as on May 31, 2024
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Investments & Acquisitions
10 Barrel Brewing Company
& 20 more
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IPO & Listings of Tilray
Tilray is a publicly listed company on the NASDAQ with ticker symbol TLRY 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.
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Software Development Team
32 people
Leadership Team
19 people
Legal and Compliance
8 people
Data Analysis and Operations Team
7 people
Human Resources and Administration
6 people
Sales and Marketing
6 people
Product Management Team
5 people
Senior Team
5 people
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Funding Insights of Tilray
Tilray has successfully raised a total of $98.25M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $450 million completed in October 2018. 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 3
- Last Round Post-IPO — $450.0M
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First Round
First Round
(05 Feb 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2018 | Amount | Post-IPO - Tilray | Valuation |
investors |
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| Feb, 2018 | Amount | Series A - Tilray | Valuation |
investors |
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| Feb, 2018 | Amount | Series A - Tilray | 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 Tilray
Tilray has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Privateer Holdings. 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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Acquisitions are targeted by Privateer Holdings, a private equity firm.
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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 Tilray
Tilray has strategically engaged in corporate development activities, having acquired 21 companies. Notable acquisitions include 10 Barrel Brewing Company, Alef Biotechnology and Atwater Brewery. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Non-alcoholic, cannabis-infused beverages are developed for the Canadian market.
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2018 | ||||
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Cannabis products are manufactured by Four20 in Calgary.
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2017 | ||||
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Medical cannabis is produced and supplied by Natura Naturals.
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2017 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Tilray
| 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 |
Tilray Comparisons
Competitors of Tilray
Tilray 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 AWH, Jushi Holdings, Verano, Curaleaf and Charlotte's Web, 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 |
Cannabis plants and products services are provided by AWH.
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| domain | founded_year | HQ Location |
Distributor of cannabis based products
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| domain | founded_year | HQ Location |
Cannabis products for health and wellbeing are developed and provided.
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| domain | founded_year | HQ Location |
Cannabis products are retailed through dispensaries in the United States.
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| domain | founded_year | HQ Location |
Botanical products including gummies, oils, capsules, and topicals are retailed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Tilray
Frequently Asked Questions about Tilray
When was Tilray founded?
Tilray was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Where is Tilray located?
Tilray is headquartered in Leamington, Canada. It is registered at Leamington, Ontario, Canada.
Who is the current CEO of Tilray?
Irwin Simon is the current CEO of Tilray.
Is Tilray a funded company?
Tilray is a funded company, having raised a total of $98.25M across 3 funding rounds to date. The company's 1st funding round was a Series A of $50.37M, raised on Feb 05, 2018.
How many employees does Tilray have?
As of May 31, 2024, the latest employee count at Tilray is 2,840.
What is the annual revenue of Tilray?
Annual revenue of Tilray is $821.31M as on May 31, 2024.
What does Tilray do?
Tilray was founded in 2013 in Leamington, Canada, and functions as an e-distributor in the medical cannabis sector. Cannabis flowers and extracts are supplied via an online platform to patients, physicians, pharmacies, hospitals, and governments. Operations emphasize regulatory compliance and access to medical-grade products across these entities.
Who are the top competitors of Tilray?
Tilray's top competitors include AWH, Jushi Holdings and Verano.
Is Tilray publicly traded?
Yes, Tilray is publicly traded on NASDAQ under the ticker symbol TLRY.
How many acquisitions has Tilray made?
Tilray has made 21 acquisitions, including 10 Barrel Brewing Company, Alef Biotechnology, and Atwater Brewery.
Who are Tilray's investors?
Tilray has 1 investor. Key investors include Privateer Holdings.
What is Tilray's ticker symbol?
The ticker symbol of Tilray is TLRY on NASDAQ.
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