Dutchie was founded in 2017 by Ross Lipson, Sam Ellis, and Zach Lipson. Dutchie has not officially endorsed a plan to participate in an IPO.
Dutchie works with cannabis dispensaries to manage their online presence and e-commerce operations. Per Forge data, Dutchie raised $603M in funding over 5 rounds. Their latest funding was raised on Oct 14, 2021, from a Series D round. Key investors include D1 Capital Partners, Casa Verde Capital, Thrive Capital, Tiger Global Management, and Gron Ventures.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
12/12/2023 | Series X | $277.76MM | $xx.xx | $5.76B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
6,780,008
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
10/14/2021 | Series DD | $137.25MM | $xx.xx | $3.75B | Casa Verde Capital, D1 Capital Partners, Dfj Growth, Dragoneer, Glynn Capital, Gron Ventures, Park West Asset Management, Thrive Capital, Tiger Global Management, Willoughby Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,350,196
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Casa Verde Capital, D1 Capital Partners, Dfj Growth, Dragoneer, Glynn Capital, Gron Ventures, Park West Asset Management, Thrive Capital, Tiger Global Management, Willoughby Capital
|
||||||
10/14/2021 | Series DD-1 | $12.75MM | $xx.xx | $3.75B | Casa Verde Capital, D1 Capital Partners, Dfj Growth, Dragoneer, Glynn Capital, Gron Ventures, Park West Asset Management, Thrive Capital, Tiger Global Management, Willoughby Capital | |
Price per Share
$xx.xx
Shares Outstanding
311,220
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Casa Verde Capital, D1 Capital Partners, Dfj Growth, Dragoneer, Glynn Capital, Gron Ventures, Park West Asset Management, Thrive Capital, Tiger Global Management, Willoughby Capital
|
||||||
03/16/2021 | Series CC | $97.09MM | $xx.xx | $1.75B | Casa Verde Capital, Dfj Growth, Dragoneer, Gron Ventures, Howard Schultz, Thrive Capital, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
4,443,451
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Casa Verde Capital, Dfj Growth, Dragoneer, Gron Ventures, Howard Schultz, Thrive Capital, Tiger Global Management
|
||||||
03/16/2021 | Series CC-1 | $100MM | $xx.xx | $1.75B | Casa Verde Capital, Dfj Growth, Dragoneer, Gron Ventures, Howard Schultz, Thrive Capital, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
4,576,456
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Casa Verde Capital, Dfj Growth, Dragoneer, Gron Ventures, Howard Schultz, Thrive Capital, Tiger Global Management
|
||||||
03/16/2021 | Series CC-2 | $999,988.03 | $xx.xx | $1.75B | Casa Verde Capital, Dfj Growth, Dragoneer, Gron Ventures, Howard Schultz, Thrive Capital, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
213,796
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Casa Verde Capital, Dfj Growth, Dragoneer, Gron Ventures, Howard Schultz, Thrive Capital, Tiger Global Management
|
||||||
03/16/2021 | Series CC-3 | $52.16MM | $xx.xx | $1.75B | Casa Verde Capital, Dfj Growth, Dragoneer, Gron Ventures, Howard Schultz, Thrive Capital, Tiger Global Management | |
Price per Share
$xx.xx
Shares Outstanding
13,016,613
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Casa Verde Capital, Dfj Growth, Dragoneer, Gron Ventures, Howard Schultz, Thrive Capital, Tiger Global Management
|
||||||
08/18/2020 | Series BB | $41.22MM | $xx.xx | $205.84MM | Casa Verde Capital, Gron Ventures, Howard Schultz, Thirty Five Ventures, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
8,158,065
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Casa Verde Capital, Gron Ventures, Howard Schultz, Thirty Five Ventures, Thrive Capital
|
||||||
08/18/2020 | Series BB-1 | $3.33MM | $xx.xx | $205.84MM | Casa Verde Capital, Gron Ventures, Howard Schultz, Thirty Five Ventures, Thrive Capital | |
Price per Share
$xx.xx
Shares Outstanding
659,054
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Casa Verde Capital, Gron Ventures, Howard Schultz, Thirty Five Ventures, Thrive Capital
|
||||||
09/11/2019 | Series AA | $14.99MM | $xx.xx | $57.55MM | Casa Verde Capital, Gron Ventures, Jon Oringer, Sinai Ventures, Thirty Five Ventures | |
Price per Share
$xx.xx
Shares Outstanding
8,188,755
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Casa Verde Capital, Gron Ventures, Jon Oringer, Sinai Ventures, Thirty Five Ventures
|
||||||
09/11/2019 | Series AA-1 | $1MM | $xx.xx | $57.55MM | Casa Verde Capital, Gron Ventures, Jon Oringer, Sinai Ventures, Thirty Five Ventures | |
Price per Share
$xx.xx
Shares Outstanding
682,425
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Casa Verde Capital, Gron Ventures, Jon Oringer, Sinai Ventures, Thirty Five Ventures
|
||||||
09/24/2018 | Series SS | $1.56MM | $xx.xx | $6.24MM | Casa Verde Capital, Thirty Five Ventures | |
Price per Share
$xx.xx
Shares Outstanding
4,783,650
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Casa Verde Capital, Thirty Five Ventures
|