About Yofumo
Yofumo is a company based in Denver (United States) founded in 2016.. Yofumo has raised $1.5 million across 1 funding round from investors including MedScience Ventures. Yofumo offers products and services including Pro+ Cure and Gaseous Ozone Solution. Yofumo operates in a competitive market with competitors including Metrc, Orange Photonics, Bloom Automation, BLOCKStrain and Bizbud, among others.
- Headquarter Denver, United States
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Sectors
Agriculture
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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 Yofumo Technologies
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.5 M (USD)
in 1 rounds
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Latest Funding Round
$1.5 M (USD), Seed
Jun 13, 2017
- Investors
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Employee Count
Employee Count
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Products & Services of Yofumo
Yofumo offers a comprehensive portfolio of products and services, including Pro+ Cure and Gaseous Ozone Solution. 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.
Uses gaseous ozone to eliminate pathogens from organic materials safely.
Applies ozone for effective decontamination in agriculture and foodservice.
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Funding Insights of Yofumo
Yofumo has successfully raised a total of $1.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.5 million completed in June 2017. 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 — $1.5M
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First Round
First Round
(13 Jun 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2017 | Amount | Seed - Yofumo | 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 Yofumo
Yofumo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include MedScience Ventures. 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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Investment in life sciences is facilitated by MedScience Ventures.
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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 Yofumo
| 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 - Yofumo
| 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 |
Yofumo Comparisons
Competitors of Yofumo
Yofumo 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 Metrc, Orange Photonics, Bloom Automation, BLOCKStrain and Bizbud, 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 |
Traceability solutions for cannabis inventory and compliance are provided.
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| domain | founded_year | HQ Location |
Analytical instrumentation is provided by Orange Photonics for potency testing.
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| domain | founded_year | HQ Location |
Automation solutions for cannabis cultivation processes are developed.
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| domain | founded_year | HQ Location |
Blockchain-based supply chain solution for the cannabis industry
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| domain | founded_year | HQ Location |
Provides architectural design, renovation, consulting, and project management services.
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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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| 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 Yofumo
Frequently Asked Questions about Yofumo
When was Yofumo founded?
Yofumo was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Yofumo located?
Yofumo is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Is Yofumo a funded company?
Yofumo is a funded company, having raised a total of $1.5M across 1 funding round to date. The company's 1st funding round was a Seed of $1.5M, raised on Jun 13, 2017.
What does Yofumo do?
Yufumo provides automated and interconnected storage units for cannabis cultivators. The first product Pro which is used for curing, aging, storage and management of post-trim stage and has complete environment control provisions interconnectivity between various units. The second product Pro has automated environment control provisions and comes in interconnected 1 to 200 units which can be kept at 20 stores. The last product Quad System is for the management of drying process and germicidal treatment. The standard quad system comes with 4 units and each unit can store 60 plants. Data from any of the companys products can be viewed by cultivators through an integrated mobile application.
Who are the top competitors of Yofumo?
Yofumo's top competitors include Metrc, Orange Photonics and StrainSecure.
What products or services does Yofumo offer?
Yofumo offers Pro+ Cure and Gaseous Ozone Solution.
Who are Yofumo's investors?
Yofumo has 1 investor. Key investors include MedScience Ventures.
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