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Eaze MMJ Delivery Service Raises $13 Million Series B Funding

As more people demand more products and services delivered where they want them and when they want them, Uber has quickly become a front runner in the ride-hailing market. Eaze is quickly becoming the dominating force in the marijuana delivery marketplace. 

 

What happens when medical marijuana patients in California want their medical marijuana delivered to their door? Patients can go place their order via Eaze. Partner dispensaries will fulfill the order (Eaze does not touch the weed). What if you are not a patient yet, and need to get your medical marijuana card? EazeMD will get you situated via video-conference for $30.

 

Eaze Solutions LLC just successfully raised a $13 million Series B funding round. Added with previous funding rounds, Eaze has gotten roughly $25 million from investors, making it the "most funded marijuana technology company."

 

Eaze Funding Breakdown:

 

Back in November of 2014, Eaze raised $1.5 million in a seed funding round in an effort to expand the medical marijuana delivery service beyond its hometown of San Francisco. This money was raised by venture capital firm, Fresh VC

 

Eaze raised a Series A for more funding in April of 2015, raising $10 million to expand further. The Series A round was raised with participation from a handful of venture capital funds including Fresh VC again as well as DCM Ventures, Casa Verde Capital500 Startups, and others.


Just announced yesterday, was the completion of a Series B round which raised $13 million for the Eaze. According to the company's website post on the Eaze Chronicle, "Fresh VC led the round with participation from DCM Ventures, Tusk Ventures, Winklevoss Capital, Rose Capital and others."

 

Competition:

 

Eaze is not the only startup flooding into the delivery market. Other companies popping up in the space include but are not limited to:

 

Further Reading:

 

Here's Why One VC Poured Money Into a Marijuana Deliver Startup - Kia Kokalitcheva (Fortune)

 

Photo Credits: Wikimedia and Eaze

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