About MassRoots
MassRoots is a company based in Denver (United States) founded in 2013. MassRoots has raised $775 thousand across 15 funding rounds from investors including Chicago Venture Partners, Steve Markowitz and Delavaco Group. The company has 143 employees. MassRoots has completed 5 acquisitions, including COWA Science, CannaRegs and Cowascience.org. MassRoots operates in a competitive market with competitors including Weedmaps, Who is Happy, HighThere, The Weedtube and DMT World, among others.
- Headquarter Denver, United States
- Employees 143
- Stage Public
- SectorsMedia & Entertainment
- Email••••••••
- Website massroots.com
- Social LinkedIn X Facebook
- Annual Revenue$6.96 K (USD)-71as on Dec 31, 2020
- Net Profit-$14.71 M (USD)57as on Dec 31, 2020
- EBITDA-$1.16 M (USD)66as on Dec 31, 2020
- Total Equity Funding$775K (USD)
in 15 rounds
- Latest Funding Round$645K (USD), Post-IPO
Sep 2019
- InvestorsChicago Venture Partners
& 4 more
- Employee Count143
- Investments & AcquisitionsCOWA Science
& 4 more
Funding Insights of MassRoots
MassRoots has successfully raised a total of $775K across 15 strategic funding rounds. The most recent funding activity was a Post-IPO round of $645 thousand completed in September 2019. 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 $775,000
- Total Rounds 15
- Last Round Post-IPO — $645,000
- First Round $50,000
(Oct 2013)
- Investors Count 5
Latest 10 of 15 funding rounds of MassRoots with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $645,000 | Post-IPO | – | – | – |
| Dec 2018 | $2M | Post-IPO | – | – | |
| Jul 2018 | $1.65M | Post-IPO | – | – | – |
| Feb 2018 | $942,500 | Post-IPO | – | – | – |
| Feb 2018 | $4.75M | Post-IPO | – | – | – |
| Dec 2017 | $550,000 | Post-IPO | – | – | – |
| Sep 2017 | $950,000 | Post-IPO | – | – | – |
| Aug 2017 | $1.22M | Post-IPO | – | – | – |
| Oct 2016 | $5M | Post-IPO | – | – | |
| Oct 2016 | $3.2M | Post-IPO | – | – |
5 investors in total: 4 institutional and 1 angel.
Investors in MassRoots
MassRoots has secured backing from 5 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Chicago Venture Partners, Steve Markowitz and Delavaco Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward US companies. | – | chicagoventure.com | Chicago, United States | |
Delavaco Group is engaged in private equity and corporate restructuring. | 2007 | delavaco.com | Fort Lauderdale, United States | |
- | – | arcviewgroup.com | - | |
Altar Rock Capital operates as an investment management firm for clients. | 2019 | altarrockcapital.com | Boston, United States | |
SM Steve Markowitz | Angel investor and entrepreneur, focused on tech startups in India and globally. | – | unknown_8c60eb0fd10d4d55b | - |
Investor details for MassRoots
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of MassRoots
3 people are tracked at MassRoots (3 in leadership); the tracked headcount is 143.
| Name | Role | Group |
|---|---|---|
Scott B. Beth | Chief Executive Officer | Leadership |
Austin Hayslip | VP of Marketing | Leadership |
John Dill | Content Director | Leadership |
Complete people profiles for MassRoots
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by MassRoots
MassRoots has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include COWA Science, CannaRegs and Cowascience.org.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Supply chain management services are provided by COWA Science. | cowascience.com | Longmont, United States | 2016 | Feb 2019 | $6M | |
Cannabis medical services are provided through Cowascience.org. | cowascience.org | – | 0 | Feb 2019 | $5.78M | |
Information on cannabis regulations is provided via a digital platform. | cannaregs.com | Denver, United States | 2014 | Aug 2017 | $12M | |
Enterprise software solutions for the cannabis industry are provided. | odava.com | Portland, United States | 2015 | Jul 2017 | •••• | |
Information on cannabis strains, products, and dispensaries is provided online. | whaxy.com | Denver, United States | 2015 | Dec 2016 | $100,000 |
Complete acquisition details for MassRoots
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of MassRoots
9 dated milestones of MassRoots across 6 years, from founding to its latest funding, stage changes and deals.
- Founded MassRoots is founded.
- Funding First funding round of $50K.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Whaxy.
- Acquisition Acquires Odava.
- Acquisition Acquires CannaRegs.
- Acquisition Acquires Cowascience.org.
- Acquisition Acquires COWA Science.
- Funding Latest funding round, Post-IPO, of $645K.
Competitors of MassRoots
MassRoots 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 Weedmaps, Who is Happy, HighThere, The Weedtube and DMT World, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| weedmaps.com | 2008 | Orange, United States | – | 580 | Online community platform for medical marijuana patients | |
| whoishappy.com | 2014 | Colorado, Brazil | $30,000 | – | Operates an app-based community platform for cannabis enthusiasts. | |
| highthere.com | 2014 | Denver, United States | – | – | Social network for cannabis enthusiasts | |
| theweedtube.com | 2018 | Denver, United States | – | – | Operates a social networking platform dedicated to cannabis enthusiasts. | |
| dmtworld.net | 2019 | – | – | – | Online platform for psychedelics education, community building, and positive change initiatives. | |
| getduby.com | 2014 | Denver, United States | – | – | App-based community platform for cannabis enthusiasts | |
| planetdaily.com | 2001 | Los Angeles, United States | $5M | – | Loyalty platform for cannabis dispensaries is managed and tracked. | |
| cannahail.com | 2019 | Santa Clara, United States | – | – | Provides a social networking platform for cannabis enthusiasts to connect. |
Detailed competitors of MassRoots
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of MassRoots
Websites that share an audience with MassRoots (massroots.com).
Websites whose visitors overlap most with MassRoots. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| whaxy.com | 100% | – | – | View details | |
| cannabis-med.org | 74% | – | #4,687,777 | View details |
Latest news on Massroots
Complete news archive for MassRoots
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to MassRoots
10 companies that operate in the same segment as MassRoots (Social Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Social platform for sharing short videos | 2011 | Haidian, Beijing, China | USD 4.79 B | USD 17.72 B | 24,720 | |
Online social networking and communication services are provided globally. | 2004 | Menlo Park, California, United States | USD 2.27 B | – | – | |
ESports social video streaming platform | 2006 | San Francisco, California, United States | USD 35.12 M | – | – | |
Subscription-based social networking platform for runners and cyclists | 2009 | San Francisco, California, United States | USD 144.6 M | – | – | |
User-generated videos and content are shared and streamed online. | 2005 | San Bruno, California, United States | USD 11.5 M | – | – | |
New people are connected via a GPS-enabled social platform. | 2005 | New Hope, United States | USD 37.9 M | – | – | |
Micro-blogging platform for real-time updates and multimedia sharing is operated. | 2009 | Beijing, China | USD 586 M | – | – | |
Provider of DNA testing services to create a family tree and ancestor | 2003 | Yehud, Central District, Israel | USD 40 M | – | – | |
Real-time classroom behavior feedback is delivered to students by teachers. | 2011 | San Francisco, California, United States | USD 221.22 M | – | – | |
Professional networking, job recruitment, and career tools are provided. | 2003 | Sunnyvale, California, United States | USD 144.41 M | – | – |
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Frequently Asked Questions about MassRoots
MassRoots was founded in 2013.
MassRoots is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
MassRoots is a funded company, having raised a total of $775K across 15 funding rounds to date. The company's 1st funding round was a Post-IPO of $3.2M, raised on Oct 2013.
MassRoots has 143 employees.
Annual revenue of MassRoots is $6.96K as on Dec 31, 2020.
MassRoots was founded in 2013 in Denver, United States, as a digital platform in the cannabis sector. Users are linked with peers for sharing experiences, while connections to local dispensaries are facilitated. Content on marijuana strains, products, and news updates is provided. The application is accessible on both iOS and Android devices for community engagement.
MassRoots has made 5 acquisitions, including COWA Science, CannaRegs, and Cowascience.org.
MassRoots has 5 investors. Key investors include Chicago Venture Partners, Steve Markowitz, Delavaco Group, The Arcview Group, and Altar Rock Capital.