Weed On-Demand Startup Eaze Inhales $13 Million in Funding to Grow into New Markets

Article by Sarah Buhr, Tech Crunch


The “Uber for weed” startup Eaze has grown quite a bit over the last year and it intends to expand even more. To get it there, Eaze has closed on $13 million in Series B funding from Fresh VC, Doll Capital Management (DCM) and Tusk Ventures.

Eaze launched in July of 2014 to help medical marijuana patients order cannabis on demand. It soon expanded to allow people to get a medical weed card in the state of California over the phone in under 10 minutes.

The startup now claims availability in nearly 100 cities in California — note at least 20 of these cities are considered a part of the Bay Area — and says it has delivered marijuana to more than 200,000 people.

Eaze plans to use the money to hire more workers and to expand to more markets in the future. The startup says it would eventually like to create a feature that will assist individuals in recommending strains to fit their needs or preferences as well.

But the bigger picture here is that Eaze needs the money to establish itself as a recognized delivery brand both in and out of California, especially as several states have now legalized the use of marijuana and nine more states have legislation on the November ballot relating to some form of legalization.

Read full article here.

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