Latest Breaking News On - Bespoke financial - Page 5 : comparemela.com

Cannabis Commerical Lender Bespoke Financial Raises $8M From Snoop Dogg s Casa Verde Capital, Sweat Equity Ventures, Others

Cannabis-focused commercial lender, Bespoke Financial, confirmed Monday it has completed an $8 million Series A funding round, co-led by Snoop Dogg’s Casa Verde Capital and Sweat Equity Ventures. What Happened The round was also supported by Ceres Group Holdings, Greenhouse Capital Partners, DoubleLine Capital’s co-founder and ex-president Philip Barach, and New York venture capitalist Robert Stavis. With the latest raise, the company’s total funding now surpasses $28 million. “Bespoke’s loan origination volume has grown exponentially, financing over $120mm in GMV with zero defaults to date,” the company noted, adding it has come to have a credit performance database with more than 2,000 cannabis license holders.

New yorkUnited statesReid hoffmanPhilip barachDan portilloKaran wadheraGeorge mancherilRobert stavisDogg casa verdeCeres group holdingsBespoke financialSnoop doggCasa verde capitalSweat equityGreenhouse capital partnersDoubleline capital

Cannabis lender Bespoke Financial raises $8m from Casa Verde Capital and Sweat Equity Ventures – TechCrunch

Cannabis lender Bespoke Financial raises $8M from Casa Verde Capital and Sweat Equity Ventures Cannabis financing company Bespoke Financial today announced it raised $8 million in a Series A financing round. Through this round, the company brought new, key investors into its corner as it fights to bring financing solutions to companies in the cannabis space. Bespoke is a direct lender and provides several financing solutions to companies operating in cannabis. These short-term loans allow the companies to build credit with Bespoke, which then offers better terms on subsequent loans and products. The company says its loan origination volume has grown exponentially, outgrowing forecasts by 25% over the proceeding year. The company has deployed $120 million in gross merchandise volume over 2,000 cannabis license holders, with zero defaults to date.

New yorkUnited statesGeorge mancheilRobery stavisReid hoffmanPhilip barachDan portilloKaran wadheraDogg casa verdeCeres group holdingsBespoke financialCo founder george mancheilSnoop doggCasa verde capitalSweat equity venturesGreenhouse capital partners

Bespoke Financial, the Nation s First Commercial Cannabis Lender, Closes $8 Million Series A

Bespoke Financial, the Nation s First Commercial Cannabis Lender, Closes $8 Million Series A
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Reid hoffmanDan portilloKaran wadheraGeorge mancherilJenna guarneriBespoke financial coCeres group holdingsVista investment groupBespoke financial co founderSweat equity venturesSweat equity ventureManaging partnerSweat equityBespoke financialCasa verdeCasa verde capital

Bespoke Financial, the Nation s First Commercial Cannabis Lender, Closes $8 Million Series A

The 26 top cannabis startups in 2021, according to investors

Post money valuation: $25 million Biggest funding round of 2020: $1 million raised in a convertible note deal. The company said it is looking to raise Series A funding this year. Total raised to date: $2 million What the company does: Abstrax is a California-based research firm that creates terpene profiles active chemicals in the cannabis plant for use in isolates, vaporizers, or even as food and beverage additives. Why investors like the company: Panther Opportunity Fund s principal Jordan Tritt says that Abstrax is pioneering consumer sensorial experiences in the cannabis industry. Their cutting edge research, development and formulations have the potential to revolutionize various consumer packaged goods products, he continued.

New yorkUnited statesSan franciscoNew jerseyBell rockOrange countySilver leafAndrem harocheEmily paxhiaCasa verdeKevin gahwylerLarry schnurmacherKyle luiWilder ramseyAndrew schweiboldLos angeles