# Privateer Holdings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/privateer-holdings

- Industry: Financial Services
- Headquarters: Seattle, US
- Website: www.privateerholdings.com
- Total disclosed funding: $75M
- Latest round: Series B (Apr 7, 2015)
- Investors on record: 3

## About

Privateer Holdings, Inc. is a Seattle-based investment firm focused on the legal cannabis sector, providing strategic capital and strategic partners to emerging companies within the industry.Founded in 2011, Privateer Holdings, Inc. specializes in capital investment in the cannabis industry, aiming to support innovative companies. The firm, headquartered in Seattle, US, has executed a total of 6 deals, with its most recent deal occurring on January 25, 2018. The company raised USD 92.16 mn in Series C funding, which is also the total amount raised to date, leading to a current valuation of USD 931.81 mn. Privateer is not known to have any subsidiaries or parent companies. The founding history does not specify any prior companies established by the founder.Privateer specializes in innovative solutions designed to address specific challenges within the cannabis industry. The company's core product offerings include advanced technologies and services that enhance operational efficiency and improve user experiences. These products are tailored for a diverse clientele, including enterprises in sectors such as healthcare, technology, and logistics, aiming to streamline processes and reduce costs. Privateer’s solutions target key pain points, such as data management and workflow optimization, facilitating seamless integration into existing systems. The company distributes its products across multiple geographical markets, with a strong presence in North America, Europe, and select regions in Asia, ensuring a broad reach to various end-users who benefit from enhanced operational capabilities.Privateer's revenue model is structured around strategic partnerships and direct-to-consumer transactions that capitalize on its flagship offerings. The company engages in B2B transactions, providing subscription-based services and tailored solutions to clients, thereby facilitating consistent revenue streams. Clients typically enter into agreements that include annual licensing fees and optional service packages for ongoing support and upgrades. The pricing plans are designed to cater to different client needs, with scalable options that accommodate both small businesses and large enterprises. This strategic approach not only reinforces customer loyalty but also promotes long-term engagement, ultimately contributing to Privateer's growth trajectory.Privateer Holdings, Inc. plans to leverage its recent funding of USD 92.16 mn from January 2018 to further develop its product lines and enhance market presence. Upcoming products will focus on addressing operational challenges in the cannabis sector, although specific release dates have not been disclosed. The company aims to expand into key markets in Europe and Asia by the end of 2023, enhancing its footprint in these growing regions. Recent funding will support product development and market entry strategies.

## Funding rounds

- Series B, Apr 7, 2015, $56M — Founders Fund, Subversive Capital
- Series B, Jul 1, 2014, $19M — Founders Fund, Three Tree Ventures, Subversive Capital

## Investors

- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series B
- Three Tree Ventures — Series B
- Subversive Capital (https://capitalatlas.ai/funds/subversive-capital) — Series B