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
- SectorsConsumer
- Website sevenpoint.org
- Social X Facebook
- Acquired by MedMen (Oct 2018)
Funding Insights of Seven Point
- Total Rounds 1
- Last Round Debt – Conventional — $234,750
- First Round $234,750
(Sep 2023)
All 1 funding rounds of Seven Point 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 2023 | $234,750 | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Seven Point
Seven Point has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MedMen.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Comprehensive management and consulting services for marijuana operations are provided. | 2010 | medmen.com | Culver City, United States |
Investor details for Seven Point
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 Seven Point
1 people are tracked at Seven Point (1 in leadership).
| Name | Role | Group |
|---|---|---|
Brad Zerman | Founder & CEO | Leadership |
Complete people profiles for Seven Point
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.
Timeline of Seven Point
3 dated milestones of Seven Point across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Seven Point is founded.
- Exit Acquired by MedMen.
- Funding First funding round of $235K.
Web traffic of Seven Point
The website of Seven Point (sevenpoint.org) receives about 19.9K visits a month.
- Monthly visits19.9K
▼ 24.4% vs previous month
Similar companies to Seven Point
10 companies that operate in the same segment as Seven Point (Cannabis Industry & Retail), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Comprehensive management and consulting services for marijuana operations are provided. | 2010 | Culver City, California, United States | USD 202.64 M | USD 140.81 M | – | |
Online e-distributor offering cannabis products for medical purposes | 2013 | Leamington, Ontario, Canada | USD 98.25 M | USD 914.37 M | 2,840 | |
Cannabis-related health and wellbeing products are provided nationally. | 2002 | Chicago, Illinois, United States | – | USD 824.73 M | 4,600 | |
Cannabis plants and products services are provided by AWH. | 2014 | Cambridge, Massachusetts, United States | USD 134.83 M | USD 500.58 M | 2,300 | |
Medical cannabis products for sleep disorders are provided. | 2014 | Baltimore, Maryland, United States | USD 30.85 M | – | – | |
Distributor of cannabis based products | 2018 | Boca Raton, Florida, United States | USD 68.2 M | USD 268.3 M | 1,230 | |
Medical marijuana is produced and distributed by Aurora Cannabis. | 2006 | Edmonton, Alberta, Canada | – | USD 230.07 M | 1,100 | |
Cannabis products for health and wellbeing are developed and provided. | 1996 | Chicago, Illinois, United States | USD 120 M | USD 839.91 M | 3,800 | |
Hemp-based cannabinoid products are produced and distributed by Prima. | 2018 | Santa Monica, California, United States | USD 12.48 M | – | – | |
Platform for managing cannabis manufacturing operations is provided. | 1987 | Toronto, Ontario, Canada | – | USD 110.63 M | 388 |
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Frequently Asked Questions about Seven Point
Seven Point was founded in 2015 and raised its 1st funding round 8 years after it was founded.
Seven Point is headquartered in Oak Park, United States. It is registered at Oak Park, Illinois, United States.
Brad Zerman is the current CEO of Seven Point. They have also founded this company.
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.
Seven Point has 1 investor. Key investors include MedMen.
Yes. Seven Point was acquired by MedMen in October 2018.