Green Bits

San Jose, United States Founded: 2014 • Age: 12 yrs Acquired By dutchie
iPad-based POS system is designed for marijuana retailers.
Annual revenue - Latest available
Total funding $42.2M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

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
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $42.2 M (USD)

    in 3 rounds

  • Latest Funding Round
    $23 M (USD), Series B

    Apr 16, 2020

  • Investors
    dutchie

    & 3 more

  • Employee Count
    Not available
  • Acquired by
    dutchie

    (Mar 16, 2021)

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People of Green Bits

Headcount 50-200
Employee Profiles 92
Employee Profiles
People
Josh F.
Analytics Team Lead
People
Tim Barash
Chairman & Chief Executive Officer
People
Nick DeLeonardis
Chief Financial Officer
People
Dan Caban
Principal Implementation Strategist

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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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture and private equity investments are managed with global diversification.
Locked Locked Locked
Investment in cannabis industry startups is facilitated by Casa Verde.
Locked Locked Locked
US private equity investments are managed by DNS Capital.
Locked Locked Locked
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Investor details for Green Bits

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Green Bits

Investments
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Investment portfolio details for Green Bits

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  • Transaction dates
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Financial Statements - Green Bits

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Detailed financials for Green Bits

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Green Bits Comparisons

Green Bits Primary company
Description
iPad-based POS system is designed for marijuana retailers.
Location
San Jose, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Green Bits

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
POS solutions are provided for retail businesses.
Locked Locked Locked
Provider of cloud-based POS software solutions for businesses and service providers
Locked Locked Locked
Cloud-based mPOS system for small business operations is offered.
Locked Locked Locked
POS solutions are provided to offline retailers via mobile devices.
Locked Locked Locked
Cloud-based point-of-sale software is provided for retailers and restaurants.
Locked Locked Locked
Payment processing solutions are offered to merchants and businesses.
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Detailed competitors of Green Bits

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  • Domains and locations
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Latest news on Green Bits

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Complete news archive for Green Bits

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Frequently Asked Questions about Green Bits

Green Bits was founded in 2014 and raised its 1st funding round 3 years after it was founded.

Green Bits is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Green Bits is a funded company, having raised a total of $42.2M across 3 funding rounds to date.

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.

Green Bits's top competitors include Square, SpotOn and Zettle.

Green Bits has 4 investors. Key investors include dutchie, Tiger Global, Casa Verde, and DNS Capital.

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