Privateer Holdings

http://www.privateerholdings.com/

Last activity: 20.04.2019

Active

Categories: B2CFinTechFirmFutureIndustryInvestmentITLegalTechProductSocial

Privateer Holdings is a private equity firm shaping the future of the global legal cannabis industry, developing a portfolio of world-leading brands.

Mentions

Overview

Employees

201-500

Total raised

$273M

Founded date

2010

Funding Rounds 4

Date	Series	Amount	Investors
Sign up to see	Sign up to see	Sign up to see	Sign up to see
Aug 22, 2017	Funding round	$58M
Nov 9, 2016	Funding round	$40M
Apr 6, 2015	Series B round	$75M

Mentions in press and media 32

Date	Title	Description
Sign up to see	Sign up to see	Sign up to see
Jan 17, 2019	New Age Beverages unveils ‘CBD-infused’ drinks made with broad spectrum hemp extracts: ‘We’re not making any claims. We don’t feel we need to’	“Let me be clear. We will never make claims [about CBD], which is what is really raising FDA’s blood pressure. We don’t feel we need to,” he told FoodNavigator-USA. “All we’re saying is 25mg broad spectrum pharma grade, fast acting and ab...
Sep 24, 2018	Leafly removes CEO Chris Jeffery, less than one year after he joined marijuana review startup	Chris Jeffery. (Leafly Photo) Seattle-based marijuana strain and dispensary review startup Leafly says it removed CEO Chris Jeffery on Monday. Privateer Holdings, the Seattle marijuana investment firm that acquired Leafly in 2011, confirmed...
Jul 19, 2018	Public shareholders got high today on Tilray, the first marijuana company to IPO on Nasdaq	Tilray, a five-year-old, British Columbia-based medical cannabis company that sells its products to patients, researchers, pharmacies and even governments, saw its shares get high (sorry) on the Nasdaq today, after the company priced 9 mill...
Jan 25, 2018	Privateer closes $100M round at $600M+ valuation to invest in cannabis startups	It’s high times for the marijuana industry, which has been flourishing in recent years as more regions move to decriminalise the use of it for medical and other purposes. Now, Privateer Holdings, one of the big investors in the space, has r...
Jan 25, 2018	Privateer Holdings Closes $100+ Million Funding Round	Privateer Holdings, a Seattle, Wa-based private equity firm investing exclusively in legal cannabis, completed its $100+ Million Series C funding round. The investor base consists of high net worth individuals, family offices and institutio...
Nov 7, 2017	‘Yelp for marijuana’ website Leafly lays off 15 employees	Leafly, a marijuana strain and dispensary resource platform, has laid off 15 employees. The Seattle startup confirmed the cuts to GeekWire on Tuesday. There are now 100 employees at Leafly; the layoffs slashed about 13 percent of the workfo...
Aug 22, 2017	Fast-growing marijuana investment firm Privateer Holdings raises another $58M to fuel expansion	Privateer Holdings co-founders Michael Blue, Christian Groh and Brendan Kennedy. Photo via Privateer. Privateer Holdings is raising another big investment round to fuel rapid growth of its marijuana-related subsidiaries as more governments ...
Jan 20, 2017	Headset raises $2.5M for marijuana retail business data intelligence and analytics startup	Headset co-founders Brian Wansolich, Cy Scott, and Scott Vickers. As more states pass laws legalizing the sale of cannabis, new retail stores are generating revenue. Just like any business, being able to track and monitor sales of individua...
Nov 10, 2016	Agtech Funding Sheet: BioConsortia Closes $12m Debt/Equity Round, Privateer Raises $40m, more	BioConsortia, an ag biotech company commercializing and developing microbes for crop enhancement, completed a $12 million raise. This includes an $8 million equity round from bigwig VCs Khosla Ventures and Otter Capital, both existing inves...
Nov 6, 2016	Privateer Holdings Raises $40M in Convertible Note Financing	Privateer Holdings, a Seattle, Washington-based private equity firm investing exclusively in legal cannabis, closed an additional $40m in convertible bridge financing. The funding, which will convert into a future Series C equity round, bri...
Nov 4, 2016	Marijuana investment firm Privateer raises another $40M to fuel expansion in U.S. and abroad	Privateer Holdings co-founders Michael Blue, Christian Groh and Brendan Kennedy. It’s a big month for marijuana legalization, both in the U.S. and abroad. Privateer Holdings is getting ready. The Seattle-based investment firm today announce...
Nov 4, 2016	Cannabis investor Privateer Holdings tacks on another $40 million in funding	In just five days, nine states will vote on marijuana legalization measures, so it’s perhaps not a surprise that the five-year-old, Seattle-based marijuana private equity investor Privateer Holdings just raised $40 million in convertible de...
Jul 20, 2016	Launching CannaVator Program for startups	10-week program for 15 startups Ackrell Capital announced Wednesday that it's launched a 10-week accelerator program in the cannabis space, called the CannaVator. As part of the program, co-launched with Vator, some 10 to 15 startups will r...
Jun 30, 2016	What the tech world thinks about marijuana	The consensus seems to be on the side of making cannabis legal, even if some don't want to invest Note: The CannaVator accelerator, which includes a 10-week online and in-person program, is accepting applications until August 15, 2016 for i...
Jun 23, 2016	Are cannabis startups legal in Washington?	One of four U.S. states, Washington allows the sale and possession of marijuana for non-medical uses Note: The CannaVator accelerator, which includes a 10-week online and in-person program, is accepting applications until August 15, 2016 fo...
Aug 10, 2015	Leafly founders depart, raise cash for new marijuana business intelligence startup	Headset co-founders Brian Wansolich, Cy Scott, and Scott Vickers. After five years, the founders of marijuana strain and dispensary database Leafly are moving on to their next cannabis-related startup. Cy Scott, Brian Wansolich, and Scott V...
Apr 10, 2015	Funding roundup - week ending 4/10/15	Joya, ZenPayroll, RealtyShares, Global Fashion Group, RedSeal, MobiKwik, Accreon, Rubicon Labs, Domo Seed stage Fliptu raised $1.2 million in seed funding from investors that included Scout Ventures, Rick Dalzell, Rich Heise, Hivers & S...
Apr 7, 2015	Privateer Holdings Completes $75M Series B Funding	Privateer Holdings, a Seattle, WA-based private equity firm investing exclusively in legal cannabis, completed its $75m Series B funding round. The investor base consists of ultra-high net worth individuals, family offices and institutional...
Apr 6, 2015	Privateer Holdings Closes $75 Million In Funding To Create The P&G Of Pot	It’s high time the cannabis industry got some serious attention from investors. So it’s a good thing that Privateer Holdings, a company focusing on producing, distributing, and educating consumers about legal marijuana, has closed on a $75 ...
Jan 12, 2015	Privateer Holdings Receives Investment from Founders Fund	Privateer Holdings, a cannabis industry’s first private equity firm, received a multi-million dollar investment in Series B round. Peter Thiel’s Founders Fund, a venture capital firm with more than $2 billion in assets under management, mad...
Jan 9, 2015	This week on VentureBeat: CES 2015, Trello, cooking robots, & more	Every week, the news team at VentureBeat brings you a blitz of news day after day, but even for our most dedicated readers it can be a challenge to catch every single story. So, we’ve decided to pull together a handful of the best stories f...
Jan 8, 2015	Funding Daily: Today’s tech funding news, in one place	Here’s a list of today’s tech funding stories, updated as the day unfolds. Tip us here if you have a deal to share. Goldman Sachs & GE Ventures back Rethink Robotics in $27M round Some serious investors are betting on robot-making start...
Jan 8, 2015	Peter Thiel’s Founders Fund pours funds into the company behind Leafly, an online cannabis community	Venture capitalist Peter Thiel is investing in marijuana. Well, sort of. Founders Fund, a venture capital firm he cofounded, is announcing today that it participated in cannabis-focused private equity firm Privateer Holdings‘ $75 million ro...
Jan 8, 2015	New Funding For Privateer Highlights Marijuana’s Massive Market In The U.S.	The nondescript four-story former tenement at 149 Bowery, with its ground floor “Organic Spa and Shop” sandwiched between lighting fixture outlet stores, is an unlikely staging ground for the next push in the battle against the prohibition ...
Jan 8, 2015	Funding Daily: Today’s tech funding news, in one place	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Here’s a list of today’s tech funding stories, up...
Jan 8, 2015	Peter Thiel’s Founders Fund pours funds into the company behind Leafly, an online cannabis community	We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Venture capitalist Peter Thiel is investing in ma...
May 8, 2014	Revealed: The winners of the 2014 GeekWire Awards	Rory Rawlings, co-founder and chief tax automation officer of Avalara, celebrates on stage after winning the award for Next Tech Titan. The best and brightest of Seattle’s startup scene filled the EMP Thursday evening, as we welcomed more t...
Apr 17, 2014	This marijuana startup is looking to raise $50M to help people find, purchase pot	Privateer Holdings co-founders Michael Blue, Christian Groh and Brendan Kennedy. For Brendan Kennedy, Michael Blue and Christian Groh, raising money a few years ago was a real slog. The reason was simple: Investors were wary of putting mone...
Jul 16, 2013	Budding business: Startup lights up with $7 million to grow the Yelp of medical marijuana	Leafly is a Yelp-like platform for medical marijuana strains. Business is budding for Privateer Holdings Inc., a Seattle company that just reeled in $7 million in a series A round. Privateer was founded three years ago by Brendan Kennedy, M...
Oct 31, 2012	Leafly: Like Yelp and Consumer Reports … for medical marijuana	Brendan Kennedy had done his homework and knew it was a financially smart decision. That wasn’t the issue. What caused him to reach out to family and friends, though, had to do with a question centering on his moral compass. Was entering th...
	Марихуано-стартапы бьют все рекорды	Недавно Питер Тиль (один из основателей PayPal и управляющий партнер Founders Fund) объявил, что вложил $75 млн в компанию Privateer Holdings, владеющую несколькими стартапами на рынке марихуаны. Компания оценена в $425 млн. CBS Insight ука...

Reviews 0

FAQ about Privateer Holdings

When was Privateer Holdings founded?

Privateer Holdings was founded in 2010.

How much funding has Privateer Holdings raised?

Privateer Holdings has raised $273M in total across 4 funding rounds.

What funding rounds has Privateer Holdings raised?

Parsers VC lists 4 funding rounds of Privateer Holdings, among them a funding round of $58M on Aug 22, 2017, a funding round of $40M on Nov 9, 2016 and a Series B round of $75M on Apr 6, 2015.

What has the press written about Privateer Holdings?

Parsers VC has collected 32 articles mentioning Privateer Holdings, among them “New Age Beverages unveils ‘CBD-infused’ drinks made with broad spectrum hemp extracts: ‘We’re not making any claims. We don’t feel we need to’” (Jan 17, 2019) and “Leafly removes CEO Chris Jeffery, less than one year after he joined marijuana review startup” (Sep 24, 2018).

Is Privateer Holdings still active?

Yes, Privateer Holdings is active; its latest activity on Parsers VC dates from Apr 20, 2019.