https://techcrunch.com/2021/03/16/in-new-round-dutchie-focused-on-smoother-cannabis-retail-sees-its-valuation-soar-by-eight-times/

Dutchie, a nearly four-year-old, Bend, Oregon company that charges cannabis dispensaries a monthly fee to create and run their websites, process their orders, and track what needs to be prepped for pick-up, has raised $200 million in Series C funding at a $1.7 billion valuation. That’s roughly eight times the valuation the company was assigned last August, when it closed on $35 million in Series B funding.

Why the massive jump in so short a period? Aside from general frothiness in startup investing, Dutchie just acquired two companies, Greenbits and Leaflogix, that will enable it become even more of an all-in-one tech platform for its customers. Dutchie isn’t disclosing how, or how much, it paid for either outfit, but the two concerns — which make enterprise resource planning and point-of-sale software, respectively — are being folded into Dutchie along with their collective 150 employees, effectively doubling the size of Dutchie, which now employs 300 people altogether.