How Much Did Dutchie Raise? Headquarters, Funding & Key Investors

Dutchie, based in Bend, Oregon, has raised $603M across multiple funding rounds, reaching a $3.75B valuation as of October 2021. Its latest Series D round brought in $350M led by D1 Capital Partners, with participation from Tiger Global Management, Thrive Capital, and Casa Verde Capital. Founded in 2017 by Ross Lipson, Sam Ellis, Samuel Ellis, and Zach Lipson, Dutchie provides an all-in-one cannabis e-commerce platform for dispensaries. The company employs around 250–500 people and continues to expand internationally as cannabis legalization accelerates worldwide.

How Much Did Dutchie Raise? Funding & Key Investors

Dutchie is an online cannabis marketplace connecting consumers with local dispensaries for safe, convenient purchases. Founded in 2017 in Bend, Oregon, Dutchie powers thousands of dispensaries through technology solutions like POS systems, cashless payments, eCommerce platforms, and APIs. Co-founded by Ross Lipson, Sam Ellis, Samuel Ellis, and Zach Lipson, Dutchie aims to drive positive change in the cannabis industry by improving accessibility and transparency. With 250–500 employees, the company is now one of the fastest-growing players in cannabis HealthTech, facilitating billions in annual sales.

What Is Dutchie and What Does It Do?

Founded in 2017 by Ross Lipson, Sam Ellis, Samuel Ellis, and Zach Lipson, Dutchie is headquartered in Bend, United States, and employs approximately 251–500 people. The company operates an online marketplace for cannabis products and provides dispensary software solutions, including point-of-sale systems, digital payments, and insurance integrations. Dutchie’s goal is to simplify cannabis commerce by connecting retailers and customers in a compliant, secure, and transparent ecosystem, enabling both pickup and delivery options for buyers.

How Much Funding Has Dutchie Raised?

*Seed Round* • Amount Raised: $3M
• Date: September 2018
• Lead Investors: Casa Verde Capital
• Motivation: To develop Dutchie’s initial technology platform and establish operations.
*Series A* • Amount Raised: $15M
• Date: September 2019
• Lead Investors: Gron Ventures
• Motivation: To expand the team and scale support for dispensaries nationwide.
*Series B* • Amount Raised: $35M
• Date: August 2020
• Lead Investors: Thrive Capital
• Motivation: To enhance product offerings and increase market penetration.
*Series C* • Amount Raised: $200M
• Date: March 2021
• Lead Investors: Tiger Global Management
• Motivation: To accelerate growth and elevate Dutchie’s valuation to $1.7B.
*Series D* • Amount Raised: $350M
• Date: October 2021
• Lead Investors: D1 Capital Partners
• Motivation: To expand globally and reinforce Dutchie’s dominance in cannabis e-commerce.

Total Funding Raised: $603 Million

Current Valuation: $3.75B (as of October 2021)

Latest Funding Date: October 2021

Key Investors

*D1 Capital Partners* • Details: A global investment firm active across public and private markets, known for backing high-growth technology companies.
• Investment Focus Areas: Technology, consumer markets, and disruptive industries.
• Notable Investments: Stripe, Instacart, SpaceX.
*Tiger Global Management* • Details: A prominent investment firm focusing on Internet, software, consumer, and fintech sectors.
• Investment Focus Areas: Global Internet and software companies.
• Notable Investments: Facebook, LinkedIn, Spotify.
*Thrive Capital* • Details: A venture firm investing in transformative Internet and software startups.
• Investment Focus Areas: SaaS, fintech, and digital platforms.
• Notable Investments: Instagram, Slack, Robinhood.
*Gron Ventures* • Details: A VC firm dedicated to accelerating growth within the cannabis industry ecosystem.
• Investment Focus Areas: Cannabis-related technology and services.
• Notable Investments: Not publicly disclosed.
*Casa Verde Capital* • Details: A cannabis-focused venture capital firm co-founded by Snoop Dogg, backing category-defining cannabis companies.
• Investment Focus Areas: Cannabis supply chain and retail technology.
• Notable Investments: Eaze, Green Bits, LeafLink.

Where Is Dutchie’s Headquarters?

Dutchie’s headquarters is located in Bend, Oregon, a city known for its progressive startup culture and proximity to major West Coast tech hubs. Bend’s supportive business environment and quality of life attract top engineering and product talent, enabling Dutchie to maintain a strong innovation pipeline and efficient operations while staying connected to the evolving U.S. cannabis market.

What’s Next for Dutchie?

Dutchie plans to expand globally as cannabis legalization spreads across markets. The company aims to enhance its all-in-one platform with advanced analytics, cashless payment systems, and global compliance tools. With over 5,000 dispensary partners and more than $14 billion in annual cannabis sales processed, Dutchie is positioned to lead the next phase of cannabis retail technology bringing safe, transparent, and convenient cannabis commerce to a worldwide audience.

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