How Much Did Dutchie Raise?
Funding & Key Investors

Dutchie, the Bend-based e-commerce leader in the cannabis sector, has successfully navigated multiple rounds of financing to solidify its market position. With a total capital accumulation of $603M, the company has demonstrated a robust growth trajectory since its inception in 2017. The most recent strategic investment of $350M underscores the firm's transition into a major enterprise-level entity, reflecting significant investor confidence in its digital infrastructure for cannabis pickup and delivery services.

The company's funding history reveals a consistent pattern of institutional backing, beginning with its initial seed round in 2018 and progressing through successive Series A, B, C, and D rounds. This capital infusion has been instrumental in scaling operations across the United States and Canada, enabling Dutchie to provide comprehensive online ordering solutions for top-tier dispensaries.

What is Dutchie?

Dutchie
SoftwareFinancial SoftwareMobile App Development

Founded in 2017, Dutchie operates as an all-in-one e-commerce platform specifically engineered for the cannabis industry. By bridging the gap between dispensaries and consumers, the company provides a seamless digital interface for product discovery, pickup, and delivery. Its market position is defined by its ability to integrate complex regulatory requirements with user-friendly software, effectively digitizing the retail experience for a rapidly maturing market. As a critical technology partner, Dutchie enables dispensaries to optimize their supply chain and customer engagement strategies through a centralized, scalable platform.

How much funding has Dutchie raised?

Dutchie has raised a total of $603M across 5 funding rounds:

2018

Angel/Seed

$3M

2019

Series A

$15M

2020

Series B

$35M

2021

Series C

$200M

Series D

$350M

Angel/Seed (2018): $3M with participation from Casa Verde Capital

Series A (2019): $15M led by Jon Oringer, Thirty Five Ventures, Sinai Ventures, Gron Ventures, and Casa Verde Capital

Series B (2020): $35M supported by Thirty Five Ventures, Gron Ventures, Casa Verde Capital, and Thrive Capital

Series C (2021): $200M featuring Casa Verde Capital, Tiger Global Ltd, Thrive Capital, Dragoneer Investment Group, and Draper Associates

Series D (2021): $350M backed by Tiger Global, Gron Ventures, D1 Capital Partners, Thrive Capital, DFJ Growth, and Dragoneer

Key Investors in Dutchie

Casa Verde Capital

Casa Verde is a premier venture capital firm focusing exclusively on the cannabis industry, prioritizing scalable and capital-efficient businesses led by world-class management teams.

Thrive Capital

Thrive Capital is a New York-based venture capital firm that specializes in internet and software investments, providing strategic support to high-growth technology companies.

Dragoneer Investment Group

Headquartered in San Francisco, Dragoneer Investment Group provides comprehensive investment services to both public and private clients, focusing on long-term value creation.

What's next for Dutchie?

With the recent influx of capital, Dutchie is well-positioned to accelerate its enterprise-level expansion and deepen its technological moat. The strategic focus will likely shift toward enhancing its logistics capabilities and expanding its footprint in emerging legal markets. By leveraging the expertise of its high-profile investor base, the company is expected to continue its trajectory of market leadership, focusing on operational efficiency and the integration of advanced data analytics to support its dispensary partners in a competitive landscape. The firm remains a focal point for investors seeking exposure to the intersection of high-growth software and the evolving cannabis economy.

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Frequently Asked Questions Regarding Dutchie Financial Insights

What are the most recent funding rounds that Dutchie has completed, and what were the funding rounds?
Dutchie has recently completed 3 funding rounds: Series D on Oct 14, 2021, Series C on Mar 16, 2021, Series B on Aug 18, 2020.
What is the total amount of funding Dutchie has raised to date?
Dutchie has raised a total of $603M in funding to date.
How many funding rounds has Dutchie completed?
Dutchie has completed 3 funding rounds.
How much funding did Dutchie raise in its most recent funding round?
Dutchie raised $350M in its most recent funding round.
Who are the lead investors in Dutchie's latest funding round?
The lead investor in Dutchie's latest funding round was Tiger Global. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Dutchie's history?
The largest funding round in Dutchie's history was $350M.
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