Grounded People

GroundedPeople is Canada's first footwear brand focused on sourcing and creating ethical and sustainable shoes people can feel good about wearing.

Launch date

2020

Employees

Market cap

Enterprise valuation

CAD18m (Public information from Sep 2024)

Vancouver British Columbia (HQ)

http://groundedpeople.com

https://twitter.com/groundedpeople https://www.facebook.com/thegroundedpeople https://www.linkedin.com/company/grounded-people-apparel/grounded.people

Revenues, earnings & profits over time

CAD	2023	2024
Revenues	<1m	<1m
% growth	-	(51 %)
EBITDA	(2.1m)	(2.3m)
% EBITDA margin	(1733 %)	(3892 %)
Profit	(2.1m)	(2.3m)
% profit margin	(1733 %)	(3892 %)

Date	Investors	Amount	Round
Oct 2022	N/A	N/A	IPO
Jan 2023*	Right Season Investments	$2.5m	Private Placement VC
Apr 2024*	Right Season Investments	$250k	Post IPO Equity
Jul 2024*	N/A	$2.0m	Private Placement non VC
Total Funding		CAD3.4m