United States · Funded startup

Who invested in Cresco Labs

2 rounds we have observed, with the one investor 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

Raised 5 months ago

Funding summaryUpdated 5 Nov 2026

$150Mraised across 2 rounds since 2018, from 2 sources

$100MSeries D$50MDebt
Latest round
Debt, $50MJun 2026
Led by
Needham Bank
Biggest round
$100MSeries D · Oct 2018
Investors
1 (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.

2020202220242026
$100MSeries D$50MDebt
First round
Series D, $100M
Oct 2018
Biggest round
$100M
Series D · Oct 2018
Between rounds
7.7 years
from the last two

The rounds

  1. Jun 2026
    Debt$50M1 new

    Reported by Ventureburn

  2. Oct 2018
    Series D$100M

    No investor was named in the report.

    Reported by AmericaninnoSEC filing: $100M sold, first sale Oct 2018

Funding filed with regulators

Cresco Labs filed 3 raises, $166M in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Dec 2021$62M76 investorsequitySEC Form D
  2. Oct 2018$100M338 investorsequitySEC Form D
  3. Jul 2014$4.0M11 investorsequitySEC Form D

Founders and team

From the SEC filings it signed: 8 on the team.

  • Angie R. DemchenkoExecutive Officeri
  • Charles BachtellExecutive Officer, Directori
  • Dennis OlisExecutive Officeri
  • Greg R. ButlerExecutive Officeri
  • Jason R. ErkesExecutive Officeri
  • John R. SchetzExecutive Officeri
  • Mo R. DastagirExecutive Officeri
  • Ty R. GentExecutive Officeri

On the board, as filediCarol R. ValloneGerry CorcoranJohn R. WalterMarc R. LustigMichele R. RobertsRandy R. PodolskyRob R. SampsonSidney R. DillardTarik BrooksTom Manning

Everyone who backed them

Needham BankInvestment firm1round, led 1

Missing a round, or an investor who was in one? Tell us.

Quick answers about Cresco Labs

Who invested in Cresco Labs?

Cresco Labs's investors include Needham Bank. Needham Bank led its latest round.

How much has Cresco Labs raised?

Cresco Labs has raised $150M across 2 rounds since 2018.

When did Cresco Labs last raise?

Cresco Labs's most recent round was a Debt of $50M in Jun 2026, led by Needham Bank.

What was Cresco Labs's biggest round?

Cresco Labs's largest round on record is $100M (Series D), in Oct 2018.

Who backed Cresco Labs first?

Cresco Labs's first round on record, in Jun 2026, was backed by Needham Bank.

What stage is Cresco Labs at?

Cresco Labs's latest named round is a Debt, in Jun 2026.

Where is Cresco Labs based?

Cresco Labs is based in the United States.

Who led Cresco Labs's rounds?

Needham Bank led the Debt in 2026.

Companies like Cresco Labs

In the same sector, and raised in the last eighteen months.

Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.