About Seven Point
Seven Point was founded in 2015 in Oak Park, United States, as a retailer in the cannabis and music sectors. Cannabis products, vinyl records, and music-themed entertainment are offered through its operations. Discounts are provided to first-time buyers, medical patients, and veterans. An indoor lounge and patio are maintained, where nightly music events are hosted.
- Headquarter Oak Park, United States
- Founders Brad Zerman
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Sectors
Consumer
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Phone
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Website
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Social
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Funding Insights of Seven Point
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $234,750
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First Round
First Round
(06 Sep 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Debt – Conventional - Seven Point | Valuation |
investors |
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| 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 Seven Point
Seven Point has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MedMen. 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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Comprehensive management and consulting services for marijuana operations are provided.
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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 Seven Point
| 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 - Seven Point
| 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 |
Seven Point Comparisons
Competitors of Seven Point
| 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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Frequently Asked Questions about Seven Point
When was Seven Point founded?
Seven Point was founded in 2015 and raised its 1st funding round 8 years after it was founded.
Where is Seven Point located?
Seven Point is headquartered in Oak Park, United States. It is registered at Oak Park, Illinois, United States.
Who is the current CEO of Seven Point?
Brad Zerman is the current CEO of Seven Point. They have also founded this company.
What does Seven Point do?
Seven Point was founded in 2015 in Oak Park, United States, as a retailer in the cannabis and music sectors. Cannabis products, vinyl records, and music-themed entertainment are offered through its operations. Discounts are provided to first-time buyers, medical patients, and veterans. An indoor lounge and patio are maintained, where nightly music events are hosted.
Who are Seven Point's investors?
Seven Point has 1 investor. Key investors include MedMen.