Investment Summary

AFV Partners Invests In Weedmaps

On June 16, 2021, family office AFV Partners invested in internet software and services company Weedmaps from RJM BV

Investment Highlights
  • This is AFV Partners’ 3rd transaction in the Internet Software and Services sector.
  • This is AFV Partners’ 5th transaction in the United States.
  • This is AFV Partners’ 3rd transaction in California.

Investment Summary

Date 2021-06-16
Target Weedmaps
Sector Internet Software and Services
Investor(s) AFV Partners
Sellers(s) RJM BV
Deal Type PIPE

Target

Weedmaps

Irvine, California, United States
Weedmaps provides ecommerce and compliance software solutions to retailers and brands. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and information on the cannabis plant, and the industry and advocate related services for legalization. Weedmaps was founded in 2008 and is based in Irvine, California.

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Investor(S) 1

Investor
DESCRIPTION

AFV Partners is a family-backed, opportunistic investment firm focused on partnering with growth-minded, 'sustainable' companies. The Firm has a special interest in mission-critical, founder-led software, data, and cybersecurity businesses. AFV Partners was formed in 2019 and is based in Argyle, Texas.


DEAL STATS #
Overall 7 of 7
Sector (Internet Software and Services) 3 of 3
Type (PIPE) 2 of 2
State (California) 3 of 3
Country (United States) 5 of 5
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-22 Canoo

Torrance, California, United States

Canoo is a mobility technology company, that designs, engineers, develops, and manufactures electric vehicles for commercial and consumer markets in the United States. The company offers lifestyle delivery vehicles, lifestyle vehicles, multi-purpose delivery vehicles, and pickups. Canoo was founded in 2017 and is based in Torrance, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-14 Sportradar

Sankt Gallen, Switzerland

Sportradar is a partner for the sports betting and media industry. Sportradar provides sports data services to the bookmaking world with its brand Betradar, and to the international media with its brand Scoreradar. Sportradar was founded in 2001 and is based in Sankt Gallen, Switzerland.

Sell -

Seller(S) 1

SELLER

RJM BV

Amsterdam, Netherlands

Category Company
Sector Healthcare Services
DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (PIPE) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-31 Weedmaps

Irvine, California, United States

Weedmaps provides ecommerce and compliance software solutions to retailers and brands. The company offers Weedmaps marketplace that allows cannabis users to search for and browse cannabis products from retailers and brands, and reserve products from local retailers; and information on the cannabis plant, and the industry and advocate related services for legalization. Weedmaps was founded in 2008 and is based in Irvine, California.

Buy -