About Harborside
Harborside is a company based in San Francisco (United States) founded in 2006 by Steve DeAngelo and Dress Wedding. It operates as a Direct-to-Consumer (D2C), and Subscription Services. Harborside has raised $40.65 million across 3 funding rounds from investors including Salveo Capital, Tidal Royalty and Navy Capital. The company has 160 employees as of December 31, 2021. Harborside offers products and services including Cannabis Flower, Cannabis Edibles, Cannabis Concentrates, and Cannabis Vapes. Harborside operates in a competitive market with competitors including LeafLink, Canndescent, Confident Cannabis, Tractor Zoom and Nabis, among others.
- Headquarter San Francisco, United States
- Employees 160 as on 31 Dec, 2021
- Founders Steve DeAngelo, Dress Wedding
- Stage Public
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Sectors
HealthcareAgriculture Retail
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Patients Mutual Assistance Collective Corporation
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$40.65 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
Salveo Capital
& 2 more
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Employee Count
160
as on Dec 31, 2021
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Products & Services of Harborside
Harborside offers a comprehensive portfolio of products and services, including Cannabis Flower, Cannabis Edibles, Cannabis Concentrates, and Cannabis Vapes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Award-winning cannabis flower is sold at retail locations.
Edible cannabis products are offered for consumer purchase.
Concentrated cannabis forms are provided for various uses.
Vape products with cannabis are available for customers.
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Funding Insights of Harborside
Harborside has successfully raised a total of $40.65M across 3 strategic funding rounds. 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 Last Round
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First Round
First Round
(19 Nov 2018)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Post-IPO - Harborside | Valuation |
investors |
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| May, 2019 | Amount | Series B - Harborside | Valuation |
investors |
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| Nov, 2018 | Amount | Series B - Harborside | Valuation | Navy Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Harborside
Harborside has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Salveo Capital, Tidal Royalty and Navy Capital. 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 |
|---|---|---|---|---|
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Salveo Capital is focused on funding cannabis industry ventures.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Manages a long/short equity hedge fund for strategic investment opportunities.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Harborside
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Harborside
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Harborside Comparisons
Competitors of Harborside
Harborside 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 LeafLink, Canndescent, Confident Cannabis, Tractor Zoom and Nabis, 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 |
Online marketplace platform for cannabis traders
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| domain | founded_year | HQ Location |
Integrated business for cultivation and processing of cannabis
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| domain | founded_year | HQ Location |
Online platform for cannabis producers
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| domain | founded_year | HQ Location |
Online listing platform for farm equipment
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| domain | founded_year | HQ Location |
Cannabis products are distributed online to B2B retailers by Nabis.
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| domain | founded_year | HQ Location |
Provider of an online marketplace platform for cannabis products
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Harborside
Frequently Asked Questions about Harborside
When was Harborside founded?
Harborside was founded in 2006 and raised its 1st funding round 12 years after it was founded.
Where is Harborside located?
Harborside is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Harborside a funded company?
Harborside is a funded company, having raised a total of $40.65M across 3 funding rounds to date. The company's 1st funding round was a Series B of $26M, raised on Nov 19, 2018.
How many employees does Harborside have?
As of Dec 31, 2021, the latest employee count at Harborside is 160.
What does Harborside do?
Harborside is established as one of the oldest and most respected cannabis retailers globally since 2006. Operations are conducted in multiple locations across California, including Oakland, San Francisco, San Jose, and San Leandro. A curated selection of award-winning cannabis products, such as flower, concentrates, edibles, and vapes, is offered to both newcomers and aficionados. Delivery and curbside pickup services are provided to enhance customer convenience. The company is committed to personalized customer experiences through trained budtenders. Cultivation of proprietary cannabis flower is also undertaken on the West Coast.
Who are the top competitors of Harborside?
Harborside's top competitors include LeafLink, Confident Cannabis and Leaf Trade.
What products or services does Harborside offer?
Harborside offers Cannabis Flower, Cannabis Edibles, Cannabis Concentrates, and Cannabis Vapes.
Who are Harborside's investors?
Harborside has 3 investors. Key investors include Salveo Capital, Tidal Royalty, and Navy Capital.
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