YOOMA

Toronto, Canada Founded: 2019 • Age: 7 yrs
Delivers digital marketing solutions for cannabis health product brands.
Annual revenue - Latest available
Total funding $1.0M 2 rounds
Employees - Tracked headcount
Investors 1 Known backers
Products - Services tracked
Competitors 8 Brand Intelligence

About YOOMA

YOOMA is a company based in Toronto (Canada) founded in 2019. It operates as a B2B. YOOMA has raised $1 million across 2 funding rounds from investors including Fastforward Innovations. YOOMA has completed 3 acquisitions, including Socati, Vertex and Vitality CBD. YOOMA operates in a competitive market with competitors including SpringBig, Fyllo, Happy Cabbage Analytics, Terrayn and Casters Holdings, among others.

  • Headquarter Toronto, Canada
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
Operational Areas
Healthcare → Healthcare Products & Supplies Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $1 M (USD)

    in 2 rounds

  • Latest Funding Round
    $9.7 M (USD), Post-IPO

    Jul 26, 2021

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
    Socati

    & 2 more

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Funding Insights of YOOMA

YOOMA has successfully raised a total of $1M across 2 strategic funding rounds. The most recent funding activity was a Post-IPO round of $9.7 million completed in July 2021. 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.

Investors in YOOMA

YOOMA has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Fastforward Innovations.

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Venture Fund
Investor Description Founded Year Domain Location
Tech & life Science focused early stage VC firm investing in North America & Europe
Locked Locked Locked
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Investor details for YOOMA

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  • Investor locations
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Verified entity values are shown only after access is granted.

Investments & Acquisitions by YOOMA

YOOMA has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Socati, Vertex and Vitality CBD.

Investments
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Investment portfolio details for YOOMA

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Cannabis-based wellness products are provided for health improvement.
Locked Locked 2018 Locked
Hemp and cannabis-based medical products are manufactured.
Locked Locked 2011 Locked
Medical devices are designed and manufactured by Vertex.
Locked Locked 1989 Locked
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Complete acquisition details for YOOMA

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - YOOMA

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Detailed financials for YOOMA

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  • Profit trends
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Yooma Comparisons

YOOMA Primary company
Description
Delivers digital marketing solutions for cannabis health pro...
Location
Toronto, Canada
Founded Year
2019
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for YOOMA

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Competitors of YOOMA

YOOMA 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 SpringBig, Fyllo, Happy Cabbage Analytics, Terrayn and Casters Holdings, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Loyalty and marketing solutions for cannabis dispensaries are provided.
Locked Locked Locked
Online marketing platform for cannabis brands and products is provided.
Locked Locked Locked
Marketing and data analytics solutions are offered for cannabis businesses.
Locked Locked Locked
Provider of marketing solutions for cannabis dispensaries
Locked Locked Locked
Cannabis marketing platform is provided using AI for data analysis.
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Detailed competitors of YOOMA

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Latest news on Yooma

Yooma Wellness Announces Bankruptcy Filing
Financialpost2 years ago
Deal struck for CBD company
Insidermedia2 years ago
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Complete news archive for YOOMA

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Frequently Asked Questions about YOOMA

YOOMA was founded in 2019 and raised its 1st funding round 1 year after it was founded.

YOOMA is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

YOOMA is a funded company, having raised a total of $1M across 2 funding rounds to date.

YOOMA operates with a B2B model, focusing on marketing and advertising, providing digital marketing, brand promotion, and health products. Delivers digital marketing solutions for cannabis health product brands. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

YOOMA's top competitors include SpringBig, Happy Cabbage Analytics and Fyllo.

YOOMA has made 3 acquisitions, including Socati, Vertex, and Vitality CBD.

YOOMA has 1 investor. Key investors include Fastforward Innovations.

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