Dutchie Authorizes Flat Round

Courier Plus Inc., also known as Dutchie, is a software company that provides e-commerce solutions for the cannabis industry. Established in 2018, the company’s platform enables cannabis businesses to offer online ordering for pickup or delivery, serving customers in the United States and Canada. With a focus on streamlining the cannabis purchasing experience, Dutchie offers innovative solutions tailored to the specific needs of the cannabis industry. It is also a component of the Prime Unicorn Index.

On December 12, 2023, Dutchie authorized a Series X round at $40.9677, the same price as its Series D round. As of December 14, 2023, no raise announcement has been made.

Dutchie has raised $402.56 million over five rounds, with the most recent being a $150 million Series D round in October 2021. This valued the company at $3.6 billion at $40.97 per preferred share. Investors include Sinai Ventures, Thrive Capital, Dragoneer, Tiger Global, DFJ Growth, D1 Capital, Gron Ventures, Casa Verde Capital, and Thirty-Five Ventures, among others.