# Vertical funding: rounds and investors

> Vertical has raised $58M across 1 round since 2019. Investors include Merida Capital Holdings. Every round with its source.

Source: https://millionrounds.com/company/vertical (Millionrounds; every figure on the page links to its filing or article)

United States · [Series A startup](https://millionrounds.com/companies)

# Who invested in *Vertical*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cannabis

Funding summary Updated 26 Oct 2026

**$58M** raised across 1 round since 2019, from 1 source

- **Latest round:** Series A, $58M Apr 2019
- **Investors:** 1

See who backed them

## The rounds

- **Apr 2019** Series A **$58M** [Merida Capital Holdings](https://millionrounds.com/fund/merida-capital-holdings) Reported by FinSMEs

## Founders and team

From Vertical's own website: 2 on the team.

- **Peter Jarowey** CEO & Partner
- **Rich Goldberg** CEO & Partner

## Everyone who backed them

[Merida Capital Holdings](https://millionrounds.com/fund/merida-capital-holdings) Private equity **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=vertical).

## Quick answers about Vertical

### Who invested in Vertical?

Vertical's investors include Merida Capital Holdings.

### How much has Vertical raised?

Vertical has raised $58M across 1 round since 2019.

### When did Vertical last raise?

Vertical's most recent round was a Series A of $58M in Apr 2019.

### What was Vertical's biggest round?

Its most recent round, $58M in Apr 2019, is also its largest on record.

### Who backed Vertical first?

Vertical's first round on record, in Apr 2019, was backed by Merida Capital Holdings.

### What stage is Vertical at?

Vertical's latest named round is a Series A, in Apr 2019.

### Where is Vertical based?

Vertical is based in the United States.

## Companies like Vertical

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

[**Cresco Labs** $150M · Jun 2026](https://millionrounds.com/company/cresco-labs)[**Parallel** $146M · Jun 2026](https://millionrounds.com/company/parallel)[**Pax** $480M · May 2026](https://millionrounds.com/company/pax)[**Natuur Brands** $290K · Apr 2026](https://millionrounds.com/company/natuur-brands)[**Nabis** $10M · Jan 2026](https://millionrounds.com/company/nabis)[**Flora Growth Corp.** $401M · Sept 2025](https://millionrounds.com/company/flora-growth-corp)

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