What is Dutchie?
Founded in 2017 and headquartered in Bend, Oregon, Dutchie provides a comprehensive e-commerce solution for dispensaries across the United States and Canada. The platform facilitates online ordering for cannabis pickup and delivery, streamlining operations for businesses in a highly regulated industry. Dutchie's technology aims to enhance customer experience and operational efficiency for its clients, positioning it as a key player in cannabis retail technology.
How much funding has Dutchie raised?
Dutchie has raised a total of $603M across 5 funding rounds:
Angel/Seed
$3M
Series A
$15M
Series B
$35M
Series C
$200M
Series D
$350M
Angel/Seed (2018): $3M with participation from Casa Verde Capital
Series A (2019): $15M led by Thirty Five Ventures, Casa Verde Capital, Sinai Ventures, Jon Oringer, and Gron Ventures
Series B (2020): $35M supported by Thirty Five Ventures, Casa Verde Capital, Thrive Capital, and Gron Ventures
Series C (2021): $200M featuring Draper Associates, Dragoneer Investment Group, Casa Verde Capital, Tiger Global Ltd, and Thrive Capital
Series D (2021): $350M backed by Gron Ventures, Thrive Capital, DFJ Growth, Dragoneer, Tiger Global, and D1 Capital Partners
Key Investors in Dutchie
Casa Verde Capital
Casa Verde Capital is a venture capital firm exclusively focused on the cannabis industry, investing in scalable businesses led by world-class management teams to address long-term market needs.
Draper Associates
Draper Associates is a venture capital firm with a global presence, dedicated to identifying and supporting extraordinary entrepreneurs who are determined to change the world.
Dragoneer Investment Group
Dragoneer Investment Group is a company that provides investment services to both public and private clients, focusing on growth-stage technology companies.
What's next for Dutchie?
The substantial capital infusion, particularly the recent major strategic investment, signals Dutchie's readiness for accelerated growth and market penetration. This funding will likely be directed towards enhancing its platform capabilities, expanding its geographic reach, and potentially exploring new service offerings within the cannabis ecosystem. The company's focus on an integrated e-commerce solution positions it to capitalize on the increasing legalization and mainstream acceptance of cannabis, driving further innovation and market leadership.
See full Dutchie company page
