Prima Overview
- Year Founded
-
2018
- Status
-
Acquired/Merged
- Employees
-
61
- Latest Deal Type
-
M&A
Prima General Information
Description
Operator of a consumer wellness brand intended to offer hemp-based cannabinoids and botanical products. The company's brand bridges the gap between science, nature, and the human body through education, social impact, and functionally innovative botanical products, enabling consumers to focus on their health, happiness, and the betterment of their lives.
Contact Information
Website
www.prima.co(Operating Subsidiary)
Corporate Office
- 3130 Wilshire Boulevard
- Suite 150
- Santa Monica, CA 90403
- United States
Corporate Office
- 3130 Wilshire Boulevard
- Suite 150
- Santa Monica, CA 90403
- United States
Prima Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Merger/Acquisition | 11-Feb-2025 | Completed | Generating Revenue | |||
| 4. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 3. Seed Round | 21-May-2021 | Completed | Generating Revenue | |||
| 2. Debt - PPP | 13-Apr-2020 | $3.27M | Completed | Generating Revenue | ||
| 1. Seed Round | 07-Feb-2019 | $3.27M | $3.27M | Completed | Startup |
Prima Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Seed-2 | ||||||||
| Seed-1 | ||||||||
| Seed | 3,790,942 | $0.000100 | 6% | $0.86 | $0.86 | 1x | $0.86 | 19.61% |
Prima Signals
Prima Former Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Angel (individual) | Minority | |||
| Alumni Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Defy Partners Management | Venture Capital | Minority | ||
| Emerald Health Pharmaceuticals | VC-Backed Company | Minority |
Prima Investments & Acquisitions (2)
Prima’s most recent deal was a Merger/Acquisition with Prospect Farms (Maine). The deal was made on 13-Dec-2022.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Prospect Farms (Maine) | 13-Dec-2022 | Merger/Acquisition | Other Consumer Non-Durables | ||
| Agritrack | 01-Dec-2022 | Accelerator/Incubator | Business/Productivity Software |
Prima Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Prospect Farms (Maine) | Prospect, ME | 2018 |
Prima FAQs
-
When was Prima founded?
Prima was founded in 2018.
-
Where is Prima headquartered?
Prima is headquartered in Santa Monica, CA.
-
What is the size of Prima?
Prima has 61 total employees.
-
What industry is Prima in?
Prima’s primary industry is Personal Products.
-
Is Prima a private or public company?
Prima is a Private company.
-
What is Prima’s current revenue?
The current revenue for Prima is .
-
How much funding has Prima raised over time?
Prima has raised $12.8M.
-
Who are Prima’s investors?
, Alumni Ventures, , Defy Partners Management, and Emerald Health Pharmaceuticals are 5 of 13 investors who have invested in Prima.
-
When was Prima acquired?
Prima was acquired on 11-Feb-2025.
-
Who acquired Prima?
Prima was acquired by Sky Marketing Corp..
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