Indiva - About the company
Indiva is an acquired company based in London (Canada), founded in 1979 by Koby Smutylo, Max Marion and Niel Marotta. It operates as a Provider of premium cannabis and cannabis-related products. Indiva has raised an undisclosed amount in funding. The company has 20 active competitors, including 3 funded and 5 that have exited. Its top competitors include companies like JWC, Spiritleaf and Kikoko.
Company Details
Provider of premium cannabis and cannabis-related products. It provides through extraction, manufacturing, and refinement services. Operating primarily in the Canadian cannabis market, they also offer a range of products for aesthetic and wellness applications.
- Website
- indiva.com
- Email ID
- *****@indiva.ca, *****@indiva.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
1979
Location
London, Canada
Stage
Acquired
Latest Funding Round
Investors
Ranked
1st among 20 active competitors
Employee Count
92 as on Dec 31, 2024
Exit Details
Acquired by SNDL (Jul 05, 2024)
Indiva's acquisition details
Click here to take a look at Indiva's acquisition in detail
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Indiva's funding and investors
Indiva has raised funding over 9 rounds. Its first funding round was on Aug 29, 2017. Indiva has 5 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Indiva:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 22, 2024 | 3769847 | Post IPO | 4935319 | 6531653 | 2981105 | 4376948 |
Jun 17, 2023 | 5400150 | Post IPO | 2132694 | 3249856 | 2936698 | |
Feb 16, 2021 | 7222976 | Post IPO | 1684460 | 2252019 | 2111305 |
View details of Indiva's funding rounds and investors
Indiva's founders and board of directors
Founder? Claim ProfileThe founders of Indiva are Koby Smutylo, Max Marion and Niel Marotta. Niel Marotta is the CEO of Indiva.
Here are the details of Indiva's key team members:
- Koby Smutylo: Founder, GC and COO, Director of Indiva.
- Max Marion: Co-Founder of Indiva.
- Niel Marotta: Co-Founder & CEO of Indiva.
View details of Indiva's Founder profiles and Board Members
Indiva's employee count trend
Indiva has 92 employees as of Dec 24. Here is Indiva's employee count trend over the years:
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Indiva's Competitors and alternates
Top competitors of Indiva include JWC, Spiritleaf and Kikoko. Here is the list of Top 10 competitors of Indiva, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of premium cannabis and cannabis-related products | - | 46/100 | ||
2nd | Producer and supplier of cannabis products | $18.5M | 46/100 | ||
3rd | Spiritleaf 2017, Calgary (Canada), Series A | Producer and supplier of cannabis | $9.77M | 44/100 | |
4th | Kikoko 2015, Emeryville (United States), Series A | Producer of cannabis-infused herbal teas | $8M | 42/100 | |
5th | MYM Nutraceuticals 2014, Vancouver (Canada), Acquired | Cannabis facility design-build experts, delivering comprehensive solutions from concept to completion | - | 41/100 | |
6th | FloraCal Farms 2014, Sonoma (United States), Acquired | Provider of premium indoor-grown cannabis flower pre-rolls vapes and concentrates | - | - | 30/100 |
7th | Seed-to-sale producer and supplier of medical cannabis products | - | - | 29/100 | |
8th | Producer and distributor of medical cannabis products | - | - | 28/100 | |
9th | Tikun olam 2006, Tel Aviv (Israel), Unfunded | Provider of in-person and online church services | - | - | 27/100 |
10th | Urban indoor vertical farming solutions providing sustainable, contaminant-free produce | - | - | 26/100 |
Looking for more details on Indiva's competitors? Click here to see the top ones
Indiva's Investments and acquisitions
Indiva has made no investments or acquisitions yet.
Reports related to Indiva
Here is the latest report on Indiva's sector:
News related to Indiva
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SNDL Emerges as Canada's Leading Producer of Edibles with Indiva AcquisitionPR Newswire•Nov 05, 2024•SNDL, Indiva
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SNDL Closes On Acquisition Of Indiva Via CCAA Proceedings, Pays $22.7 MillionThe Deep Dive•Nov 05, 2024•SNDL, Indiva
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SNDL Expected To Close On Assets Of Indiva Following Stalking Horse BidThe Deep Dive•Aug 29, 2024•SNDL, Indiva, SNDL
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Indiva Announces Commencement of Court-Approved Sale ProcessBusiness Wire•Jul 08, 2024•Indiva, PwC, SNDL
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SNDL Acquires Delta 9 Cannabis' Debt, Ascends to Senior Secured Creditor StatusPR Newswire•Jul 06, 2024•SNDL, Delta 9 Cannabis, Connect First Credit Union, SNDL and 1 other
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Indiva Obtains Creditor Protection to Pursue Restructuring and Sales ProcessBusiness Wire•Jun 13, 2024•Indiva, Bennett Jones, PwC, SNDL
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