About Vireo Growth
Vireo Growth is a company based in Minneapolis (United States) founded in 2014 by Kyle Kingsley.. The company has 520 employees as of December 31, 2024. Vireo Growth has completed 2 acquisitions, including Eaze and Properbrands. Vireo Growth offers products and services including Moonlight Gel Capsules, Vireo Spectrum, Vireo Health Brands, Boundary Waters, and HiColor. Vireo Growth operates in a competitive market with competitors including Auxly, TerrAscend, Cresco Labs, Goodness Growth Holdings and Sweet Flower, among others.
- Headquarter Minneapolis, United States
- Employees 520 as on 31 Dec, 2024
- Founders Kyle Kingsley
- 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 Vireo Growth Inc
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Annual Revenue
$94.63 M (USD)14.46as on Dec 31, 2024
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Net Profit
$-26.67 M (USD)-11.28as on Dec 31, 2024
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EBITDA
$18.17 M (USD)65.12as on Dec 31, 2024
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Latest Funding Round
$1.67 M (USD), Post-IPO
Dec 30, 2025
- Investors
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Employee Count
520
as on Dec 31, 2024
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Investments & Acquisitions
Eaze
& 1 more
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IPO & Listings of Vireo Growth
Vireo Growth is a publicly listed company on the CSE with ticker symbol VREO in Canada, 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.
Products & Services of Vireo Growth
Vireo Growth offers a comprehensive portfolio of products and services, including Moonlight Gel Capsules, Vireo Spectrum, Vireo Health Brands, Boundary Waters, and HiColor. 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.
Gel capsules designed for sleep aid and wellness support
Range of cannabis items for various consumer preferences
Branded products focused on quality and accessibility
Specific cannabis brand for diverse user needs
Cannabis products targeting different preferences and effects
Funding Insights of Vireo Growth
- Total Funding Total Funding
- Total Rounds 7
- Last Round Post-IPO — $1.7M
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First Round
First Round
(31 Jul 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2025 | Amount | Post-IPO - Vireo Growth | Valuation |
investors |
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| Oct, 2025 | Amount | Post-IPO - Vireo Growth | Valuation |
investors |
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| Jul, 2025 | Amount | Post-IPO - Vireo Growth | 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 Vireo Growth
Vireo Growth has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Chicago Atlantic. 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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Working capital and real estate loans are provided to businesses.
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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 Vireo Growth
Vireo Growth has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Eaze and Properbrands. 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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Hyperlocal delivery of marijuana products and consultations are facilitated.
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2014 | ||||
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Brand development services are provided through Properbrands' online platform.
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| 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 - Vireo Growth
| 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 |
Vireo Growth Comparisons
Competitors of Vireo Growth
Vireo Growth 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 Auxly, TerrAscend, Cresco Labs, Goodness Growth Holdings and Sweet Flower, 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 |
Platform for managing cannabis manufacturing operations is provided.
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| domain | founded_year | HQ Location |
Cannabis dispensaries are operated and medical products are retailed.
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| domain | founded_year | HQ Location |
Retailer of cannabis based products
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| domain | founded_year | HQ Location |
Retailer of cannabis products
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| domain | founded_year | HQ Location |
Provider of an E-commerce platform for cannabis products
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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 Vireo Growth
Frequently Asked Questions about Vireo Growth
When was Vireo Growth founded?
Vireo Growth was founded in 2014 and raised its 1st funding round 10 years after it was founded.
Where is Vireo Growth located?
Vireo Growth is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Who is the current CEO of Vireo Growth?
Amber Shimpa is the current CEO of Vireo Growth.
How many employees does Vireo Growth have?
As of Dec 31, 2024, the latest employee count at Vireo Growth is 520.
What is the annual revenue of Vireo Growth?
Annual revenue of Vireo Growth is $94.63M as on Dec 31, 2024.
What does Vireo Growth do?
Vireo Growth was established in 2014 in Minneapolis, United States, within the cannabis sector. Cultivation, manufacturing, wholesale distribution, and retail operations are managed. Cannabis products are supplied via retail dispensaries, with emphasis placed on customer experiences. A portfolio of brands is offered to serve cannabis consumers across these activities.
Who are the top competitors of Vireo Growth?
Vireo Growth's top competitors include Auxly, TerrAscend and Cresco Labs.
What products or services does Vireo Growth offer?
Vireo Growth offers Moonlight Gel Capsules, Vireo Spectrum, Vireo Health Brands, Boundary Waters, and HiColor.
Is Vireo Growth publicly traded?
Yes, Vireo Growth is publicly traded on CSE under the ticker symbol VREO.
How many acquisitions has Vireo Growth made?
Vireo Growth has made 2 acquisitions, including Eaze, and Properbrands.
Who are Vireo Growth's investors?
Vireo Growth has 1 investor. Key investors include Chicago Atlantic.
What is Vireo Growth's ticker symbol?
The ticker symbol of Vireo Growth is VREO on CSE.
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