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Venture Capital News: Dutchie Pulls In $200M

2021-03-16
BEND, OR, Dutchie today announced the completion of its $200 million Series C, at a $1.7 billion valuation.
Dutchie - the cannabis technology platform powering dispensaries and providing safe and easy access to cannabis - today announced the completion of its $200 million Series C, at a $1.7 billion valuation. The company's latest funding round is led by Tiger Global, with participation from new investors Dragoneer and DFJ Growth, and from existing investors including Casa Verde Capital, Thrive Capital, Gron Ventures, and former Starbucks Chairman and CEO Howard Schultz. Dutchie is also announcing today its acquisitions of Greenbits and LeafLogix, two enterprise resource planning (ERP) and point-of-sale (POS) software solutions serving the cannabis industry, to provide more value to dispensaries and consumers.

Dutchie is the cannabis technology platform focused on providing consumers with safe and easy access to cannabis and supporting the positive wave of societal change cannabis is bringing to the world. Dutchie is a product-and design-focused company that has created a best-in-class experience for cannabis dispensaries and shoppers throughout the United States and Canada. To learn more, visit: www.dutchie.com.
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