# Poseidon Asset Management: portfolio, investments and team > Poseidon Asset Management is a vc firm based in United States. 10 investments on record, latest Oct 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/poseidon-asset-management (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Poseidon Asset Management Last cheque observed Oct 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Quiet New fund $36M, Jul 2023 VC firm Pre-seed Seed Series A Sextech Cannabis Alcohol Cheques on record **0%** of best year **0** **cheques in 12 months**, 10 on record Since the last cheque **2568** days **00** hrs **00** min **00** sec Median round **$12M** Rounds led **2 of 10** Mostly in **United States, 100%** Pitch Poseidon Asset Management ## Poseidon Asset Management highlights - 01 10 rounds on record - 02 Mostly Seed and Series A: 100% of its rounds - 03 Led 2 rounds ## What they do > Home of the pioneer cannabis hedge fund, focusing solely on marijuana and hemp. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Pre-seed Seed Series A Series B Growth - **Sectors:** Sextech Cannabis Alcohol - **Based in:** San Francisco, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **10 appearances** - **2019** 4 rounds - **Oct** **[Flowhub](https://millionrounds.com/company/flowhub)** Series A · US · FinSMEs **$23M** *Led* - **Jun** **[Green Flower Media](https://millionrounds.com/company/green-flower-media)** Series A · US · FinSMEs **$20M** With 2 others - **May** **[Confident Cannabis](https://millionrounds.com/company/confident-cannabis)** Series A · US · FinSMEs **$12M** *Led* - **Jan** **[Headset](https://millionrounds.com/company/headset)** Series A · US · FinSMEs **$12M** With 1 other - **2018** 1 round - **Dec** **[Ascend Wellness](https://millionrounds.com/company/ascend-wellness)** US · FinSMEs **$40M** With 3 others - **2017** 1 round - **Mar** **[Baker](https://millionrounds.com/company/baker)** US · TechCrunch **$3.5M** With 4 others - **2016** 1 round - **Nov** **[Wurk](https://millionrounds.com/company/wurk)** Seed · US · FinSMEs **$1.0M** With 2 others - **2015** 3 rounds - **Oct** **[Tradiv](https://millionrounds.com/company/tradiv)** Seed · US **$1.0M** With 2 others - **Aug** **[Headset](https://millionrounds.com/company/headset)** Seed **Undisclosed** With 1 other - **Apr** **[Flowhub](https://millionrounds.com/company/flowhub)** Seed · US **$500K** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **4 named** CO **Christopher Otchy** Managing Director of Poseidon Asset Management, LLC i Filing they signed EP **Emily Paxhia** Managing Director of Poseidon Asset Management, LLC and Poseidon Investment Management LLC. i Filing they signed MB **Michael Boniello** Managing Director of Poseidon Capital Ventures, LLC, The General Partner i Filing they signed MP **Morgan Paxhia** Managing Director of Poseidon Asset Management, LLC and Poseidon Investment Management LLC. i Filing they signed We also hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. New fund on file **$36M** raised in Jul 2023 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$12M** the round, not its cheque Led 2 of 10 rounds **20%** - **Sole investor:** Never alone - **Last cheque:** Oct 2019 Rounds by stage said on their site - Seed said *4* - Series A said *4* - Pre-seed said *-* - Series B said *-* - Growth said *-* Cheques by year Led Joined 2015 2019 Often in the room with - [Anslinger Capital](https://millionrounds.com/fund/anslinger-capital) 2 - [CanopyBoulder](https://millionrounds.com/fund/canopyboulder) 2 - [Phyto Partners](https://millionrounds.com/fund/phyto-partners) 2 **Pitching Poseidon Asset Management?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Poseidon Asset Management. A count of rooms they were both in, not a relationship either has claimed. [**Anslinger Capital** VC firm **2** rounds together](https://millionrounds.com/fund/anslinger-capital)[**CanopyBoulder** Accelerator **2** rounds together](https://millionrounds.com/fund/canopyboulder)[**Phyto Partners** VC firm **2** rounds together](https://millionrounds.com/fund/phyto-partners) ## Recently backed The latest companies Poseidon Asset Management put money into. [**Flowhub** $23M · Oct 2019](https://millionrounds.com/company/flowhub)[**Confident Cannabis** $12M · May 2019](https://millionrounds.com/company/confident-cannabis)[**Headset** $12M · Jan 2019](https://millionrounds.com/company/headset)[**Ascend Wellness** $40M · Dec 2018](https://millionrounds.com/company/ascend-wellness) ## Mentioned on podcasts Episodes that name Poseidon Asset Management in their description, not their title. - [The Full Ratchet](https://millionrounds.com/podcasts/full-ratchet) 6 Sept 2021 · 45 min 298. The $61B Cannabis Market, Overcoming Compliance and Regulation, and the Declining Social Stigma Around Cannabis (Emily Paxhia) With [Emily Paxhia](https://millionrounds.com/person/emily-paxhia) Mentions [Poseidon Asset Management](https://millionrounds.com/fund/poseidon-asset-management) Apple PodcastsShow page ## Quick answers about Poseidon Asset Management ### What does Poseidon Asset Management invest in? Poseidon Asset Management invests most often at Seed and Series A (100% of the rounds on record), in sectors such as Sextech, Cannabis and Alcohol. ### How active is Poseidon Asset Management? 10 investments on record, 0 of them in the last 12 months, and it led 2. The most recent was in Oct 2019. ### What has Poseidon Asset Management invested in recently? Its most recent investments on record: Flowhub (Series A, Oct 2019), Green Flower Media (Series A, Jun 2019) and Confident Cannabis (Series A, May 2019). ### How big are Poseidon Asset Management's cheques? The median round it joins is $12M. ### Does Poseidon Asset Management lead rounds? Yes: it led 2 of its 10 investments on record (20%). ### Where does Poseidon Asset Management invest? Most of the companies it backs are in the United States (100%). ### Is Poseidon Asset Management investing now? No investments in the last 12 months; the latest was in Oct 2019. ### Who does Poseidon Asset Management invest alongside? Most often Anslinger Capital (2 rounds together), CanopyBoulder (2 rounds together) and Phyto Partners (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=poseidon-asset-management) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=poseidon-asset-management)