Tech Company Financing Transactions

HERB Funding Round

HERB closed a $4.1 million Seed funding round on 8/30/2017. Investors included Lerer Hippeau, Bullpen Capital and private investors.

Transaction Overview

Company Name

HERB

Announced On

8/30/2017

Transaction Type

Venture Equity

Amount

$4,100,000

Round

Seed

Investors

Lerer Hippeau (Lead Investor) (Eric Hippeau)

Bullpen Capital

private investors (Adam Zeplain)

private investors (Harley Finkelstein)

private investors (Michael Lazerow)

private investors (Shiva Rajarama)

private investors (Tobi Lutke)

Liquid 2 Ventures

Slow Ventures

Proceeds Purpose

This funding will go towards the launch of its new technology platform, the growth of HERB's video studios, key new hires, and two new office locations in Los Angeles and New York.

Company Information

Company Status

Private & Independent

Industry

Internet & IoT

Mailing Address

Undisclosed
Los Angeles, CA 90001
USA

Phone

Undisclosed

Website

www.herb.co

Email Address

[email protected]

Overview

HERB began as The Stoner's Cookbook in 2006, in New Zealand, when two web developers (Lucas Young and Daniel Crothers) decided to build a website to allow the public to submit and share cannabis-based recipes. Initially, these were recipes that didn't necessarily contain cannabis -- they were munchie ideas for people under the influence.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Matthew Gray

VP - Engineering

Vedran Sisic

VP - Product Management

Nick Gray

Browse more venture capital transactions:

Prev: 8/30/2017: Spyce venture capital transaction
Next: 8/30/2017: Lantos Technologies venture capital transaction

Share this article

About Our VC Transactions Data

We report on every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary