About Wrmth
Wrmth is a company based in Toronto (Canada) founded in 2020.. Wrmth has raised $983.78 thousand across 1 funding round from investors including NOHFC. Wrmth offers products and services including Muskoka Chair and WAV Collection. Wrmth operates in a competitive market with competitors including ChopValue, Cozey, Tulikivi, Maison Corbeil and Messen Furniture, among others.
- Headquarter Toronto, Canada
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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 Wrmth Corp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$983.78 K (USD)
in 1 rounds
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Latest Funding Round
$983.78 K (USD), Seed
Dec 17, 2022
- Investors
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Employee Count
Employee Count
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Products & Services of Wrmth
Wrmth offers a comprehensive portfolio of products and services, including Muskoka Chair and WAV Collection. 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.
Heated chair designed for comfortable outdoor seating in cold weather.
Range of heated items for decks and docks to provide warmth outdoors.
Funding Insights of Wrmth
Wrmth has successfully raised a total of $983.78K through 1 strategic funding round. The most recent funding activity was a Seed round of $983.78 thousand completed in December 2022. 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 1
- Last Round Seed — $983,775
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First Round
First Round
(17 Dec 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Seed - Wrmth | Valuation |
investors |
| 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 Wrmth
Wrmth has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NOHFC. 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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Provides funding for public and private sector projects in Northern Ontario.
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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 Wrmth
| 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 - Wrmth
| 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 |
Wrmth Comparisons
Competitors of Wrmth
Wrmth 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 ChopValue, Cozey, Tulikivi, Maison Corbeil and Messen Furniture, 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 |
Multi-category home improvement products are retailed online from recycled chopsticks.
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| domain | founded_year | HQ Location |
Customized furniture is provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Fireplaces and heaters are produced as Tulikivi's private label brand.
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| domain | founded_year | HQ Location |
Retails contemporary furniture, decor, and home accessories through stores and online.
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| domain | founded_year | HQ Location |
Runs a direct-to-consumer brand for customized home furniture.
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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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Frequently Asked Questions about Wrmth
When was Wrmth founded?
Wrmth was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Wrmth located?
Wrmth is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Wrmth a funded company?
Wrmth is a funded company, having raised a total of $983.78K across 1 funding round to date. The company's 1st funding round was a Seed of $983.78K, raised on Dec 17, 2022.
What does Wrmth do?
Wrmth was founded in 2020 and is headquartered in Toronto, Canada. The company operates within the outdoor furniture sector, focusing on heated chairs designed for external use. Products are distributed primarily through an online platform at wrmth.ca, targeting consumers seeking weather-resistant heating solutions. Operations emphasize direct-to-consumer sales in the Canadian market, with emphasis placed on innovative designs for comfort in cold environments.
Who are the top competitors of Wrmth?
What products or services does Wrmth offer?
Wrmth offers Muskoka Chair and WAV Collection.
Who are Wrmth's investors?
Wrmth has 1 investor. Key investors include NOHFC.