Eaze was founded in 2014 by Keith McCarty. The company has not officially endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Eaze is a cannabis delivery service currently operating in California and Michigan. The company allows users to summon a delivery driver using a mobile device, similar to a rideshare app. In 2021 the company acquired Green Dragon, a cannabis cultivation company with operations in Colorado and Florida, giving Eaze a foothold in the four largest cannabis markets in the country. Eaze has raised more than $250 million in venture capital funding from investors including Douglas Hannah, Rose Capital, and DCM Ventures. The company reports that recent funding has resulted in a $700 valuation.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/28/2022 | Series E | $286.41MM | $xx.xx | $77.4B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
169,943,529
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
08/01/2020 | Series D-1 | $26.44MM | $xx.xx | $20.29B | Foundersjt | |
Price per Share
$xx.xx
Shares Outstanding
19,337,424
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Foundersjt
|
||||||
08/01/2020 | Series D | $63.56MM | $xx.xx | $20.29B | Foundersjt | |
Price per Share
$xx.xx
Shares Outstanding
46,490,546
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Foundersjt
|
||||||
12/13/2018 | Series C | $65MM | $xx.xx | $34.81B | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
8,421,871
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
2.5x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
10/24/2016 | Series B | $13MM | $xx.xx | $10.33B | Dcm Ventures, Rose Capital, Tusk Ventures, Winklevoss Capital | |
Price per Share
$xx.xx
Shares Outstanding
2,851,352
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
2.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dcm Ventures, Rose Capital, Tusk Ventures, Winklevoss Capital
|
||||||
04/14/2015 | Series A | $18.71MM | $xx.xx | $6.24B | 500 Startups, Dcm Ventures, Fresh Vc | |
Price per Share
$xx.xx
Shares Outstanding
4,510,638
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
2.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Dcm Ventures, Fresh Vc
|