About Green Bits
Green Bits is a company based in San Jose (United States) founded in 2014 was acquired by dutchie in March 2021.. Green Bits has raised $42.2 million across 3 funding rounds from investors including dutchie, Tiger Global and Casa Verde. Green Bits operates in a competitive market with competitors including Square, SpotOn, Clover, Clip and ShopKeep, among others.
- Headquarter San Jose, United States
-
Sectors
Retail
-
Phone
*********
-
Website
*********
-
Social
*********
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
Unlock access to complete
Funding Insights of Green Bits
Green Bits has successfully raised a total of $42.2M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $23 million completed in April 2020. 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 3
- Last Round Series B — $23.0M
-
First Round
First Round
(09 Aug 2017)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Series B - Green Bits | Valuation | Tiger Global Management , Casa Verde Capital | |
| Apr, 2018 | Amount | Series A - Green Bits | Valuation | Tiger Global Management | |
| Aug, 2017 | Amount | Series A - Green Bits | Valuation | Casa Verde Capital |
|
| 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 Green Bits
Green Bits has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include dutchie, Tiger Global and Casa Verde. 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 |
|---|---|---|---|---|
|
Venture and private equity investments are managed with global diversification.
|
Founded Year | Domain | Location | |
|
Investment in cannabis industry startups is facilitated by Casa Verde.
|
Founded Year | Domain | Location | |
|
US private equity investments are managed by DNS Capital.
|
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 Green Bits
| 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 - Green Bits
| 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 |
Green Bits Comparisons
Competitors of Green Bits
Green Bits 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 Square, SpotOn, Clover, Clip and ShopKeep, 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 |
POS solutions are provided for retail businesses.
|
|
| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
|
|
| domain | founded_year | HQ Location |
Cloud-based mPOS system for small business operations is offered.
|
|
| domain | founded_year | HQ Location |
POS solutions are provided to offline retailers via mobile devices.
|
|
| domain | founded_year | HQ Location |
Cloud-based point-of-sale software is provided for retailers and restaurants.
|
|
| domain | founded_year | HQ Location |
Payment processing solutions are offered to merchants and businesses.
|
| 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 Green Bits
Frequently Asked Questions about Green Bits
When was Green Bits founded?
Green Bits was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Green Bits located?
Green Bits is headquartered in San Jose, United States. It is registered at San Jose, California, United States.
Is Green Bits a funded company?
Green Bits is a funded company, having raised a total of $42.2M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.2M, raised on Aug 09, 2017.
What does Green Bits do?
Green Bits is an iPad-based POS checkout system designed for marijuana retailers. The data collected is stored on the cloud which can be accessed for back office operations such as monitoring of inventory on an SKUbatch level, flexible cash management, and segment and graphically represent the sales data. They have partnerships with Weedmaps and Leafly. Also offers a built-in chat, email, and call feature. Retailers can analyze the transaction data in real-time to gain actionable insights.
Who are the top competitors of Green Bits?
Who are Green Bits's investors?
Green Bits has 4 investors. Key investors include dutchie, Tiger Global, Casa Verde, and DNS Capital.