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Hoodie Analytics raised $5M in a Series A funding round led by Measure 8 Partners to expand its cannabis market insights platform.

PRIVATEJun 27, 2024

Amount Raised

$5 Million

Round Type

Series A

ChicagoAgriculture and FarmingCannabis

Investors

Tech NexusArcview Collective FundArcview Ventures Seed FundOlson UbbenGreenlight InvestorsSatori InvestorsEntourage Effect Capital (Eec)Measure 8 Partners

Description

Cannabis technology and market insights provider Hoodie Analytics has successfully closed a $5 million Series A funding round. The funding will be instrumental in expanding its newly launched platform, which delivers comprehensive market insights and product data management specifically tailored for the cannabis industry. The round also had participation from Entourage Effect Capital (EEC) and Satori Investors, with an additional $1 million earmarked for a follow-on raise.

Quick answer

Hoodie Analytics raised $5 Million in a Series A round, dated June 27, 2024. Investors: Tech Nexus, Arcview Collective Fund, Arcview Ventures Seed Fund, Olson Ubben, Greenlight Investors, Satori Investors, Entourage Effect Capital (Eec) and Measure 8 Partners. Hoodie Analytics is based in Chicago, Illinois, United States.

How much did Hoodie Analytics raise?
Hoodie Analytics raised $5 Million in a Series A round on June 27, 2024.
Who invested in Hoodie Analytics?
Tech Nexus, Arcview Collective Fund, Arcview Ventures Seed Fund, Olson Ubben, Greenlight Investors, Satori Investors, Entourage Effect Capital (Eec) and Measure 8 Partners are named as investors in this round.
What does Hoodie Analytics do?
Hoodie Analytics was founded on the belief that cannabis businesses need deeper, operational insights to better compete.
Where is Hoodie Analytics based and how big is it?
Hoodie Analytics is based in Chicago, Illinois, United States.
Who are the decision-makers at Hoodie Analytics?
Fundz holds 1 contact at Hoodie Analytics. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Agriculture and Farming and Cannabis around the same time

Companies in the same sectors as Hoodie Analytics that raised within 45 days of this round, from Fundz verified event records.

  • Growlink raised $2M (Seed) on August 9, 2024.
  • Jones Soda raised $5.9M on July 26, 2024.
  • Ascend Wellness Holdings raised $235M (Debt Financing) on July 15, 2024.
  • Plonts raised $12M (Seed) on August 8, 2024.
  • Mushroom Material raised $5M (Seed) on August 8, 2024.
  • Qardy raised an undisclosed amount (Seed) on August 8, 2024.

Who to call at Hoodie Analytics, and when

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Company Information

Company

Hoodie Analytics

Location

Chicago, Illinois, United States

About

Hoodie Analytics was founded on the belief that cannabis businesses need deeper, operational insights to better compete. Our team has decades of experience in e-commerce intelligence & market measurement in markets like Consumer Packaged Good (CPG). With Hoodie Analytics, you get an indispensable partner tracking the movements of the market. You get access to the best people, processes, and data which deliver the critical factor towards building a winning brand. You can focus on running your business. We’ll deliver the insights needed to outgrow the pack.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Hoodie Analytics raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Hoodie Analytics raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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