Montu

Montu

About Montu

Simplify's Rating
Why Montu is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Biotechnology

Healthcare

Company Size

501-1,000

Company Stage

Seed

Total Funding

$3.5M

Headquarters

Melbourne, Australia

Founded

2019

Overview

Company Does Not Provide H1B Sponsorship

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Simplify's Take

What believers are saying

  • Telehealth expansion benefits Montu's online clinic Alternaleaf in the UK.
  • Increased cannabis R&D leads to new product innovations for Montu.
  • Digital marketing rise helps Montu reach and educate potential patients effectively.

What critics are saying

  • Potential regulatory challenges in the UK market for Montu's Alternaleaf.
  • Increased competition in the medicinal cannabis market may impact Montu's market share.
  • Dependence on crowdfunding poses a risk if future funding rounds fall short.

What makes Montu unique

  • Montu focuses on improving lives through personalized medical cannabis therapies.
  • Montu is expanding its reach with the launch of Alternaleaf in the UK.
  • Montu collaborates with Chronic Pain Australia to promote Pain Awareness Month.

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Funding

Total Funding

$3.5M

Above

Industry Average

Funded Over

1 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Benefits

Paid Vacation

401(k) Company Match

401(k) Retirement Plan

Cycle to work scheme

Growth & Insights and Company News

Headcount

6 month growth

7%

1 year growth

5%

2 year growth

4%
Cannabiz
Mar 4th, 2024
Company news: Montu; Vantage Hemp Co; InhaleRx

Montu has named former Pharmacy Guild of Australia national president George Tambassis as a special adviser.

Cannabiz
Sep 28th, 2023
Montu to launch Alternaleaf in the UK

Montu is launching online clinic Alternaleaf in the UK, headed up by local managing director Asif Dewan.

Cannabiz
Sep 22nd, 2023
Montu donates A$2 per patient to Pain Awareness Month

Montu has joined forces with Chronic Pain Australia (CPA) to promote Pain Awareness Month in a bid to raise A$100,000 for the cause.

Birchal
Apr 8th, 2023
Montu - Creating the future of cannabis

We are Montu. Our mission: Improve lives for millions of Australians through medical cannabis therapies.

The Australian Financial Review
Nov 22nd, 2020
Medicinal cannabis-related portal crowdfunds $2m

Montu will use the funds to boost its marketing and attract more doctors on to the platform to service patients who need cannabidiol-related treatments.

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