Green Dot Labs

Boulder, United States Founded: 2013 • Age: 13 yrs
Cannabis extracts and oils are produced and supplied.

About Green Dot Labs

Green Dot Labs is a Consumer company based in Boulder (United States) founded in 2013 by Dave Malone and Alana Malone. Cannabis extracts and oils are produced and supplied. Green Dot Labs has raised $3.3 million across 1 funding round from investors including Tuatara Capital. Its chief executive, as recorded, is Alana Malone. Its website greendotlabs.com draws about 11 thousand monthly visits. Its Indian entity Dot Labs Web Solutions Private Limited reported revenue of β‚Ή2.59 Cr. Green Dot Labs offers products and services including Black Label Live Resin, Blue Label Live Rosin, and Silver Label Live Resin. Its focus areas include Retail, Cannabis Brands and Retailers, Brands and Extracts. Its competitors include Medical Marijuana, The Patpen and Absolute Labs; 1 of its 3 listed competitors has raised funding.

Company details

Green Dot Labs was founded in 2013 in Boulder, United States, within the cannabis sector. Cultivation, extraction processes, and new strain development are managed through an owned laboratory and growing facility. A closed-loop system is employed to reclaim hydrocarbon gases. Processing services are extended to licensed producers, while extracts and oils are distributed to dispensaries.

  • Headquarters Boulder, United States
  • Founders Dave Malone, Alana Malone
  • Sectors
    Consumer
  • Website category Health · Addictions
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website greendotlabs.com
  • Social X Facebook Instagram
  • Legal Name Dot Labs Web Solutions Private Limited
  • Date of Incorporation 30 Apr, 2009
  • Jurisdiction Hyderabad, Telangana, India
Operational Areas
Key Metrics
  • Indian entity revenue
    ₹2.59 Cr

    FY 2024 · +39% YoY

  • Indian entity net loss
    -₹1.2 Lakh

    FY 2024 · 0% margin

  • Indian entity EBITDA
    ₹8 Lakh

    FY 2024 · 3% margin

  • Total Equity Funding
    $3.3M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.3M (USD), Series A

    Sep 2017

  • Investors

Products & Services of Green Dot Labs

Green Dot Labs offers a comprehensive portfolio of products and services, including Black Label Live Resin, Blue Label Live Rosin, and Silver Label Live Resin.

Black Label Live Resin
Cannabis Extract

Premium extract offering vibrant terpenes and cannabinoids

Blue Label Live Rosin
Solventless Hash

Artisanal product extracted with ice water for flavor

Silver Label Live Resin
Cannabis Cartridge

Value extract for everyday cannabis experiences

Funding Insights of Green Dot Labs

Green Dot Labs has successfully raised a total of $3.3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.3 million completed in September 2017. 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 $3.3M
  • Total Rounds 1
  • Last Round Series A β€” $3.3M
  • First Round $3.3M

    (Sep 2017)

  • Investors Count 1

All 1 funding rounds of Green Dot Labs with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2017$3.3MSeries A–Tuatara Capital
–
Valuation history

1 investors in total: 1 institutional.

Investors in Green Dot Labs

Green Dot Labs has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Tuatara Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity firm investing and cannabis-focused consumer and retail firms
2014tuataracapital.comNew York, United States
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Investor details for Green Dot Labs

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Board of directors of Dot Labs Web Solutions Private Limited (Green Dot Labs)

Dot Labs Web Solutions Private Limited is the primary company behind Green Dot Labs. The board of Dot Labs Web Solutions Private Limited currently have 3 directors; the longest-serving is Bapiraju Kanumuri, appointed in 2009. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Bapiraju Kanumuri
DIN 02533911
Director30 Apr 200917 yrs 6 moDot Labs Web Solutions Private Limited
Suresh Raju Kanumuri
DIN 03108917
Director18 Jan 201115 yrs 9 moDot Labs Web Solutions Private Limited
Poornima Kanumuri
DIN 06455597
Additional Director01 Dec 201213 yrs 10 moDot Labs Web Solutions Private Limited

People of Green Dot Labs

12 people are tracked at Green Dot Labs (6 in leadership, 6 in team).

NameRoleGroup
Dave Malone
Co-FounderLeadership
Alana Malone
Co-Founder & CEOLeadership
Susannah Grossman
VP Of SalesLeadership
Gina Cameron
Director Business ServicesLeadership
Dustin Young
Vice President of OperationsLeadership
Genevieve Chorn
Creative DirectorLeadership
Henry Wilson
Cultivation ManagerTeam
Mackenzie Erickson
Production ManagerTeam
Rebecca Terry
ControllerTeam
James Warder, CPA, MBA
Corporate ControllerTeam
Rachel Mudd
HR ManagerTeam
Michael V. Kracht
Business Development ManagerTeam
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Financials of Green Dot Labs

Figures of Dot Labs Web Solutions Private Limited, the primary company behind Green Dot Labs, for FY 2024. Revenue was ₹2.59 Cr (+39% year on year). Net loss was -₹1.2 Lakh (0% margin). EBITDA was ₹8 Lakh (3% margin). Revenue has grown at a compounded annual rate of +13% over three years and +20% over five years.

  • ₹2.59 CrRevenue · FY 2024 · +39% YoY
  • -₹1.2 LakhNet loss · 0% margin
  • ₹8 LakhEBITDA · 3% margin
  • ₹23.5 LakhPaid-up capital
  • +13%Revenue CAGR, 3 years
  • +20%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Dot Labs Web Solutions Private Limited are on its company page.

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Detailed financial statements for Green Dot Labs

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Timeline of Green Dot Labs

2 dated milestones of Green Dot Labs across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Green Dot Labs is founded.
  2. Funding First funding round of $3.3M.

Competitors of Green Dot Labs

Green Dot Labs has 3 listed competitors in our database, 1 of them funded. They include Medical Marijuana, The Patpen and Absolute Labs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
medicalmarijuanainc.com2009San Diego, United States
Manufacturer of cannabis focused products
patpenproducts.com2016Colorado Springs, United States
CO2 extracted cannabis oil is produced by The Patpen.
absolutelabs.com2003Salt Lake, United States$330,000
CBD-infused products are manufactured for consumer health and well-being.
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Detailed competitors of Green Dot Labs

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Web traffic of Green Dot Labs

The website of Green Dot Labs (greendotlabs.com) receives about 11.3K visits a month and ranks #1,565,169 among all websites worldwide, #1,839 in Addictions.

  • Monthly visits
    11.3K

    ▲ 0.9% vs previous month

  • Unique visitors
    5K

    per month

  • Global rank
    #1,565,169

    among all websites

  • Category rank
    #1,839

    Health · Addictions

Similar websites

Websites whose visitors overlap most with Green Dot Labs. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
flowgardens.com
100%
25.8K#662,874View details
bloomzhemp.com
bloomzhemp.com
98%
#206,792–
livwell.com
96%
167.4K#213,280View details
novafarms.com
95%
112.8K#177,545View details
fernvalleyfarms.com
95%
#327,779View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 13 similar websites and full traffic analytics for Green Dot Labs

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Top companies in Cannabis Industry & Retail

3 companies that operate in the same segment as Green Dot Labs (Cannabis Industry & Retail) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Comprehensive management and consulting services for marijuana operations are provided.
2010Culver City, California, United StatesUSD 202.64 MUSD 140.81 M
Cannabis-related health and wellbeing products are provided nationally.
2002Chicago, Illinois, United StatesUSD 824.73 M4,600
Cannabis plants and products services are provided by AWH.
2014Cambridge, Massachusetts, United StatesUSD 134.83 MUSD 500.58 M2,300
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Related news about Green Dot Labs

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Frequently Asked Questions about Green Dot Labs

Green Dot Labs was founded in 2013 and raised its 1st funding round 4 years after it was founded.

Green Dot Labs is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.

Alana Malone is the CEO of Green Dot Labs, as recorded in our data. They have also founded this company.

Green Dot Labs is a funded company, having raised a total of $3.3M across 1 funding round to date. The company's 1st funding round was a Series A of $3.3M, raised on Sep 2017.

The primary company behind Green Dot Labs, Dot Labs Web Solutions Private Limited, reported revenue of β‚Ή2.59 Cr for FY 2024, up 39% year on year.

Green Dot Labs was founded in 2013 in Boulder, United States, within the cannabis sector. Cultivation, extraction processes, and new strain development are managed through an owned laboratory and growing facility. A closed-loop system is employed to reclaim hydrocarbon gases. Processing services are extended to licensed producers, while extracts and oils are distributed to dispensaries.

Green Dot Labs's top competitors include Medical Marijuana, Absolute Labs and The Patpen.

Green Dot Labs offers Black Label Live Resin, Blue Label Live Rosin, and Silver Label Live Resin.

Green Dot Labs has 1 investor. Key investors include Tuatara Capital.

Green Dot Labs operates through Dot Labs Web Solutions Private Limited.

The legal entities of Green Dot Labs currently have 3 directors, including Poornima Kanumuri, Bapiraju Kanumuri, Suresh Raju Kanumuri.

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