When was Auxly founded?

Auxly was founded in 1987 and raised its 1st funding round 30 years after it was founded.

Where is Auxly located?

Auxly is headquartered in Toronto, Canada.

Who is the current CEO of Auxly?

Chuck Rifici and Hugo Alves s of Auxly.

How many employees does Auxly have?

As of Mar 31, 2026, the latest employee count at Auxly is 182.

Is Auxly a funded company?

Auxly is a funded company, having raised a total of $132M across 5 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Nov 02, 2017.

When was the latest funding round of Auxly?

Auxly's latest funding was a $***** Post IPO round on Feb 16, 2023, with participation from 0 investor.

Where does Auxly rank among its competitors?

Auxly ranks 1st amongst 1073 active competitors, of which 16 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Vireo Growth, which secured $1.67M in Dec, 2025.

Who are the top competitors of Auxly?

Auxly's top competitors include Cresco Labs, HEXO and TerrAscend. Among them, Vireo Growth secured the most recent funding round in December, 2025.

Auxly - 2026 Company Profile, Team, Funding & Competitors

Company Details

Auxly provides a platform to manage cannabis manufacturing operations in industries. The company partnered and invested with cannabis cultivators, product developers, and marketing professionals to develop a platform for better cultivation, financial and supply chain management solutions for cannabis sector industries.

Website: auxly.com
Social
Email ID: *****@auxly.com
Phone Number: +1 **********

Key Metrics

Founded Year

1987

Location

Toronto, Canada

Stage

Public

Total Funding

$132M in 5 rounds

Latest Funding Round

Post IPO, Feb 16, 2023, $*****

Investors

Vermögensclub & 2 more

Ranked

1^st among 1073 active competitors

Employee Count

182 as on Mar 31, 2026

Investment & Acquisitions

Spiritleaf & 2 more

Similar Companies

Cresco Labs & 1781 more

Exit Details

Public

View Auxly's full profile

Auxly got listed on Apr 20, 2021.

Click here to take a look at Auxly's IPO in detail

Auxly has raised a total funding of $132M over 5 rounds. Its first funding round was on Nov 02, 2017. Auxly has 3 institutional investors.

Here is the list of recent funding rounds of Auxly:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 16, 2023	2181976	Post IPO	9997577	6958777	3358924	6962339
Jun 26, 2020	3521655	Series D	9062149	1961374	9410055	2828351
Apr 28, 2020	6605009	Series D	8380828	5849324	1452991	9686437

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View details of Auxly's funding rounds and investors

The founders of Auxly is Ian Rapsey.

Here are the details of Auxly's key team members:

Ian Rapsey: Co-Founder of Auxly and founder of 1 other company.
Chuck Rifici: CEO of Auxly.
Hugo Alves: CEO of Auxly.

View details of Auxly's Founder profiles and Board Members

Auxly's employee count trend

Auxly has 182 employees as of Mar 26. Here is Auxly's employee count trend over the years:

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Top competitors of Auxly include Cresco Labs, HEXO and TerrAscend. Here is the list of Top 10 competitors of Auxly, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Auxly 1987, Toronto (Canada), Public	Provider of platform to manage cannabis manufacturing operations in industries	$132M	Vermögensclub, Nesta & 1 others	70/100
2nd	Cresco Labs 2013, Chicago (United States), Public	Brand & retailer of cannabis gummies, seeds, and other products	$104M	V. Gastevich Investments, Merida Capital Partners ... & 1 others	59/100
3rd	HEXO 2013, Gatineau (Canada), Acquired	Brand of cannabis based products	-	Tilray	54/100
4th	TerrAscend 2017, Mississauga (Canada), Public	Retailer of cannabis dispensaries and medical products	-	Entourage Effect Capital, Phyto Partners & 3 others	51/100
5th	Green Tank Technologies 2015, Toronto (Canada), Series B	Private label brand of vape products	$38.5M	Casa Verde Capital, Green Acre Capital & 4 others	49/100
6th	Tyson 2.0 2021, Tempe (United States), Series A	Retailer of strains, flower, concentrates, and consumables	$9M	JW Asset Management, New Leaf Capital & 5 others	44/100
7th	Vireo Growth 2014, Minneapolis (United States), Public	Cannabis company focused on cultivation, manufacturing, wholesale, and retail	-	Chicago Atlantic	44/100
8th	Simply Solventless 2020, Calgary (Canada), Public	Retailer of CBD concentrates	-	Example Company	42/100
9th	Sweet Flower 2018, Los Angeles (United States), Series A	Provider of an E-commerce platform for cannabis products	$15M	AFI Capital Partners	39/100
10th	SQDC 2018, Montreal (Canada), Unfunded	Provider of cannabis and cannabis-related products	-	-	39/100

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Looking for more details on Auxly's competitors? Click here to see the top ones

Auxly has made 1 investment in Spiritleaf and acquired Green Genetics and Robinsons Cannabis.

Here is the list of these investments and acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
May 24, 2019	Investments	Spiritleaf	2017	Calgary (Canada)
Nov 20, 2018	Acquisition	Green Genetics	2017	San Juan (Puerto Rico)
Apr 09, 2018	Acquisition	Robinsons Cannabis	2017	Kentville (Canada)