# Canndescent funding: rounds and investors > Canndescent has raised $57M across 4 rounds since 2016. Investors include Green Acre Capital, JW Asset Management and Floret Ventures. Source: https://millionrounds.com/company/canndescent (Millionrounds; every figure on the page links to its filing or article) United States · [Series C startup](https://millionrounds.com/companies) # Who invested in *Canndescent* 4 rounds we have observed, with the 8 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Cannabis Consumer Services Funding summary Updated 26 Oct 2026 **$57M** raised across 4 rounds since 2016, from 4 sources **$6.5M** Seed **$10M** Series B **$13M** Round **$28M** Series C - **Latest round:** Series C, $28M Sept 2019 - **Led by:** Green Acre Capital - **Step-up i:** 2.1× - **Investors:** 8 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2017 2018 2019 **$6.5M** Seed **$10M** Series B **$13M** Round **$28M** Series C - **First round:** Seed, $6.5M - **Biggest round:** $28M - **Usual gap between rounds:** 12 months [**Canndescent** Cannabis 1 / 36 Their pitch deck **Canndescent's pitch deck, 36 slides** Each slide read for what it argues, against the decks that raised at the same stage.](https://millionrounds.com/decks/canndescent) ## The rounds - **Sept 2019** Series C **$28M** *4 new* [Green Acre Capital](https://millionrounds.com/fund/green-acre-capital) Lead [JW Asset Management](https://millionrounds.com/fund/jw-asset-management) [Senterra](https://millionrounds.com/fund/senterra) Carnegie Arch Capital Reported by FinSMEs - **Sept 2018** Round **$13M** *1 new* Merida Capital/ Altitude Reported by Mjbizdaily - **Jan 2018** Series B **$10M** *1 new* [Floret Ventures](https://millionrounds.com/fund/floret-ventures) Reported by FinSMEs - **Sept 2016** Seed **$6.5M** *2 new* Adrian Sedlin Lee McPherson Reported by FinSMEs ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2016 **Series B** 2018 **Round** 2018 **Series C** 2019 [Green Acre Capital](https://millionrounds.com/fund/green-acre-capital) L [JW Asset Management](https://millionrounds.com/fund/jw-asset-management) [Floret Ventures](https://millionrounds.com/fund/floret-ventures) [Senterra](https://millionrounds.com/fund/senterra) Adrian Sedlin Carnegie Arch Capital Lee McPherson Merida Capital/ Altitude ## Everyone who backed them [Green Acre Capital](https://millionrounds.com/fund/green-acre-capital) Private equity **1** round, led 1 [JW Asset Management](https://millionrounds.com/fund/jw-asset-management) VC firm **1** round [Floret Ventures](https://millionrounds.com/fund/floret-ventures) VC firm **1** round [Senterra](https://millionrounds.com/fund/senterra) Family office **1** round Adrian Sedlin no record of our own yet **1** round Carnegie Arch Capital no record of our own yet **1** round Lee McPherson no record of our own yet **1** round Merida Capital/ Altitude no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=canndescent). ## Quick answers about Canndescent ### Who invested in Canndescent? Canndescent's investors include Green Acre Capital, JW Asset Management, Floret Ventures, Senterra and Adrian Sedlin, and 3 more on record. Green Acre Capital led its latest round. ### How much has Canndescent raised? Canndescent has raised $57M across 4 rounds since 2016. ### When did Canndescent last raise? Canndescent's most recent round was a Series C of $28M in Sept 2019, led by Green Acre Capital. ### What was Canndescent's biggest round? Its most recent round, $28M in Sept 2019, is also its largest on record. ### Who backed Canndescent first? Canndescent's first round on record, in Sept 2016, was backed by Adrian Sedlin and Lee McPherson. ### What stage is Canndescent at? Canndescent's latest named round is a Series C, in Sept 2019. ### Where is Canndescent based? Canndescent is based in the United States. ### Who led Canndescent's rounds? Green Acre Capital led the Series C in 2019. ## Companies like Canndescent In the same sector, and raised in the last eighteen months. [**Rosie** $7.0M · Oct 2026](https://millionrounds.com/company/rosie)[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Stride** $16M · Oct 2026](https://millionrounds.com/company/stride)[**Fambot** $3.5M · Sept 2026](https://millionrounds.com/company/fambot)[**UnityLab** $5.1M · Sept 2026](https://millionrounds.com/company/unitylab)[**Joininyo** $215K · Aug 2026](https://millionrounds.com/company/joininyo) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app