Steep Hill
Latest round
- Series A
Last raised
- Dec 2015
Total raised
- $3M
Investors
- 1
About Steep Hill
Steep Hill, Inc.Founded in 2008 by Addison DeMoura, Brandon Thornton, and Joanne Giam, Steep Hill, Inc. is headquartered in Berkeley, US. The company focuses on providing laboratory testing services for the cannabis industry.00 mn.00 mn.Steep Hill Inc. specializes in providing advanced testing and analytical services tailored for the cannabis industry. Their core offerings include a range of laboratory services that utilize sophisticated methodologies to analyze cannabinoid profiles, terpenes, and contaminants. These services address critical concerns for producers, retailers, and consumers, enabling cultivators and manufacturers to validate their products to meet both consumer expectations and regulatory requirements.Steep Hill Inc. generates revenue primarily through its laboratory testing services and consulting offerings, engaging directly with clients in the cannabis sector. Transactions occur on a business-to-business (B2B) basis, where clients submit product samples for analysis, receiving comprehensive reports detailing the findings. Their pricing structure is based on specific tests requested, offering various options catering to different client needs, including bulk testing agreements for larger producers and tailored consulting packages for new entrants in the industry.Steep Hill, Inc. is exploring opportunities to expand its service offerings and geographic reach. The company intends to design and launch new testing services tailored to emerging cannabis products, with plans to introduce these offerings in the next year. Additionally, they are targeting expansion into new markets, particularly in regions such as Canada and Europe by the end of 2024.00 mn from Merida Capital Partners will be utilized to support these initiatives, allowing for enhanced capabilities and market penetration.
Who invested in Steep Hill
1 investor across 1 round
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Funding rounds
Series A
Dec 15, 2015
Amount
$3M
Investors
Questions about Steep Hill
Who invested in Steep Hill?
Steep Hill has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Steep Hill raised?
Steep Hill has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Steep Hill last raise money?
Steep Hill's most recent round on record is a Series A, in Dec 2015.
What does Steep Hill do?
Steep Hill is a medical devices & equipment company.
Where is Steep Hill headquartered?
Steep Hill is headquartered in Berkeley, US.
Which VCs invest in companies like Steep Hill?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back medical devices & equipment companies at Steep Hill's stage. Their profiles are linked below.
VCs backing medical devices & equipment startups at Series A
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