Ganjarunner, Inc.
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Ganjarunner, Inc. - overview
Established
2015
Location
Los Angeles, CA, US
Primary Industry
Internet
About
Ganjarunner, Inc. is a logistics technology company that specializes in enhancing delivery services for e-commerce and local retailers through a robust tracking and management platform. Founded in 2015 and headquartered in Los Angeles, US, Ganjarunner, Inc. focuses on logistics solutions for efficient delivery service management.
The company has undergone acquisition processes, with HighTimes Holding Corp. agreeing to acquire it in June 2020, completing the transaction in September 2020. Ganjarunner offers a comprehensive logistics platform designed to optimize delivery services for e-commerce businesses and local retailers. Their offerings include real-time tracking and management tools that address common logistical challenges, particularly last-mile delivery inefficiencies, thereby improving customer satisfaction in urban markets across North America and Europe.
In the most recent fiscal year of 2019, Ganjarunner reported a revenue of USD 4. 10 mn. The company employs a subscription-based pricing model for its logistics platform, enabling clients to choose from various service tiers tailored to their operational needs. Ganjarunner plans to enhance its product offerings by launching new features designed to meet evolving client needs in the logistics sector.
The company is actively exploring expansion into additional markets, focusing on urban areas in North America and Europe by the end of 2021. Recent funding from the acquisition by HighTimes Holding Corp. will be utilized to support these growth initiatives and the development of new product features.
Current Investors
HighTimes Holding Corp.
Primary Industry
Internet
Sub Industries
Internet
Website
www.ganjarunner.com
Verticals
E-commerce
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Ganjarunner, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Ganjarunner, Inc. | - |
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