About Dope Magazine
Dope Magazine is a company based in Seattle (United States) founded in 2011 was acquired by High Times in September 2018.. Dope Magazine has raised $875 thousand across 2 funding rounds from investors including High Times. Dope Magazine operates in a competitive market with competitors including Civilized, Herb, Kinamik, Merry Jane and New Cannabis Ventures, among others.
- Headquarter Seattle, United States
-
Sectors
Media & Entertainment
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$875 K (USD)
in 2 rounds
-
Latest Funding Round
$875 K (USD), Seed
Apr 23, 2018
- Investors
-
Employee Count
Employee Count
-
Acquired by
High Times
(Sep 25, 2018)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Dope Magazine
Dope Magazine has successfully raised a total of $875K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $875 thousand completed in April 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $875,000
-
First Round
First Round
(17 Nov 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2018 | Amount | Seed - Dope Magazine | Valuation |
investors |
|
| Nov, 2015 | Amount | Debt – Conventional - Dope Magazine | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Dope Magazine
Dope Magazine has secured backing from 1 investor. Prominent investors backing the company include High Times. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Monthly published life style and fashion magazine
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Dope Magazine
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Dope Magazine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dope Magazine Comparisons
Competitors of Dope Magazine
Dope Magazine operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Civilized, Herb, Kinamik, Merry Jane and New Cannabis Ventures, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Lifestyle portal with a focus on cannabis
|
|
| domain | founded_year | HQ Location |
User-generated social content for cannabis culture and news is hosted.
|
|
| domain | founded_year | HQ Location |
Online platform providing information and updates on the vape
|
|
| domain | founded_year | HQ Location |
Cannabis lifestyle content is delivered via a digital media platform.
|
|
| domain | founded_year | HQ Location |
Offers curated news, insights, and resources on the cannabis industry for investors.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Dope Magazine
Frequently Asked Questions about Dope Magazine
When was Dope Magazine founded?
Dope Magazine was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is Dope Magazine located?
Dope Magazine is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Is Dope Magazine a funded company?
Dope Magazine is a funded company, having raised a total of $875K across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $125K, raised on Nov 17, 2015.
What does Dope Magazine do?
Dope Magazine was founded in 2011 in Seattle, United States, within the cannabis media sector. Content focused on lifestyle topics, including news, strain reviews, and concentrate reviews, is published through print and digital formats. Operations include monetization via magazine subscriptions, display and banner advertising, and an e-commerce store. Inclusion on the Inc. 5000 list occurred in 2016, reflecting 571 growth and 2 million in revenues.
Who are the top competitors of Dope Magazine?
Dope Magazine's top competitors include Civilized, Kinamik and Merry Jane.
Who are Dope Magazine's investors?
Dope Magazine has 1 investor. Key investors include High Times.