Ignite - About the company
Ignite is a late stage company based in Las Vegas (United States), founded in 1985 by Ramki Ramakrishnan. It operates as a Provider of online marketplace platform for cannabis products. Ignite has raised an undisclosed amount in funding. The company has 62 active competitors, including 10 funded and 13 that have exited. Its top competitors include companies like LeafLink, Nabis and Leafbuyer.
Company Details
Ignite provides an online marketplace platform for cannabis products. The company offers a range of cannabis-infused products like CBD flavored drops, Vape pen, CBD toothpicks, rechargeable vape pens and more. The users can also order the products online with different primary strains like sativa, hybrid varieties, Indica, and CBD-rich sativa.
- Website
- ignite.co
- Email ID
- *****@ignite.co
- Registered Address
- El Segundo, California
Key Metrics
Founded Year
1985
Location
Las Vegas, United States
Stage
Late Stage
Latest Funding Round
Investors
Ranked
10th among 62 active competitors
Employee Count
71 as on May 31, 2026
Investment & Acquisitions
Legal entities associated with Ignite
Ignite is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
IGNITE INTERNATIONAL BRANDS, LTD CIN: 32090291405 , United States, Active | - | - | - | |
Ignite International, Ltd. CIN: 82-4330660001 , United States, Active | Dec 31, 2009 | - | 13 (As on Dec 31, 2020) | - |
IGNITE INTERNATIONAL LTD CIN: 824330660 , United States, Active | Dec 31, 1999 | - | 20 (As on Dec 31, 2024) | - |
IGNITE INTERNATIONAL, LTD. CIN: 32079521715 , United States, Active | Dec 17, 2021 | - | - | - |
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Ignite's funding and investors
Ignite has raised funding over 1 round. Its latest funding round was a Post IPO round on Sep 07, 2021 for $*****. 1 investor participated in its latest round. Ignite has 2 institutional investors.
Here is the list of recent funding rounds of Ignite:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 07, 2021 | 3165064 | Post IPO | 2384124 | 3475038 | 5913824 | 1444703 |
View details of Ignite's funding rounds and investors
Ignite's founders and board of directors
Founder? Claim ProfileThe founders of Ignite is Ramki Ramakrishnan.
Here are the details of Ignite's key team members:
- Ramki Ramakrishnan: Founder Director of Ignite.
View details of Ignite's Founder profiles and Board Members
Ignite's employee count trend
Ignite has 71 employees as of May 26. Here is Ignite's employee count trend over the years:
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Ignite's Competitors and alternates
Top competitors of Ignite include LeafLink, Nabis and Leafbuyer. Here is the list of Top 10 competitors of Ignite, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | LeafLink 2015, New York City (United States), Series D | Streamlining wholesale cannabis commerce with technology solutions for brands and retailers | $195M | 71/100 | |
2nd | Nabis 2017, Oakland (United States), Series B | Leading cannabis marketplace and distribution platform connecting brands and retailers | $33.2M | 64/100 | |
3rd | Leafbuyer 2012, Greenwood Village (United States), Public | Online retailer for consumer based cannabis products | $4.5M | - | 54/100 |
4th | Trulieve 2016, Tallahassee (United States), Public | Provider of an online marketplace platform for cannabis products | $488M | 52/100 | |
5th | Canndescent 2015, Santa Barbara (United States), Acquired | Provider of ultra-premium cannabis products | $57M | 52/100 | |
6th | Leaf Trade 2015, Chicago (United States), Acquired | A wholesale cannabis marketplace platform | $22.6M | 52/100 | |
7th | Emmac 2018, London (United Kingdom), Acquired | Cultivator and producer of medical cannabis products | $69.1M | 52/100 | |
8th | Confident Cannabis 2014, Palo Alto (United States), Series A | Online platform for cannabis producers | $15.1M | 47/100 | |
9th | Surterra Wellness 2014, Atlanta (United States), Series D | Florida medical marijuana dispensary providing safe, high-quality cannabis products | $300M | 46/100 | |
10th | Ignite 1985, Las Vegas (United States), Late Stage | Provider of online marketplace platform for cannabis products | - | 43/100 |
Looking for more details on Ignite's competitors? Click here to see the top ones
Ignite's Investments and acquisitions
Ignite has acquired Gen X Biosciences. Ignite has not made any investments as of now.News related to Ignite
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Lucky Landmark Consortium Signs Agreement With Ignite for Managing NIC KarachiProPakistani•Aug 02, 2024•Luckyone, Ignite, LMKT, Orbit Startups
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Pokka Brews Up Regional Growth Strategy with New Creative PartnershipMarketing In Asia•Apr 04, 2024•POKKA, Ignite
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Ignite reports revenue down 8% in fiscal third quarterStaffing Industry Analysts•Apr 20, 2023•Ignite
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Ignite Signs Agreement to Launch 1st Vertical Incubator in Aerospace TechnologiesProPakistani•Nov 11, 2022•CAA Pakistan, Ignite
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Airtasker appoints former Ignite CFO as its new CFOStaffing Industry Analysts•Sep 06, 2022•Airtasker, Ignite
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