Turning a corner: Private market posts best month in yearsCore private market metrics suggest positive momentum is brewing and investor sentiment is improving
Turning a corner: Private market posts best month in years
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Dutchie was founded in 2017 by Ross Lipson, Sam Ellis, Samuel Ellis, and Zach Lipson. In 2021, when a reporter inquired about a potential IPO, Lipson responded by saying, "we are always looking at all opportunities."
Dutchie works with cannabis dispensaries to manage their online presence and ecommerce operations. The company is also a proponent of cannabis education as an increasing number of states allow adult use dispensaries. In 2021, Dutchie acquired LeafLogix and Greenbits, two software providers focused on the cannabis industry. The company has raised more than $600 million in venture capital funding from investors including D1 Capital Partners, Tiger Global, Dragoneer, DFJ Growth, and Thrive Capital. Dutchie increased its valuation to $3.75 billion following a $350 million fundraising round in 2021.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Dutchie is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own Dutchie pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
Dutchie is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
| Date | Funding Round | Funding Raised | Price per Share | Last Known Valuation |
|---|---|---|---|---|
| 12/12/2023 | Series X | $277.76MM raised | $XXX.XX | $XXX.XX |
| 10/14/2021 | Series DD and DD-1 | $150MM raised | $XXX.XX | $XXX.XX |
| 3/16/2021 | Series CC, CC-1, CC-2 and CC-3 | $250.24MM raised | $XXX.XX | $XXX.XX |
| 8/18/2020 | Series BB and BB-1 | $44.55MM raised | $XXX.XX | $XXX.XX |
| 9/11/2019 | Series AA and AA-1 | $15.99MM raised | $XXX.XX | $XXX.XX |
| 9/24/2018 | Series SS | $1.56MM raised | $XXX.XX | $XXX.XX |
