Fundraising Fox

C3 Industries

Ann Arbor, US · Founded 2018 · Delaware corporation

c3industries.com

C3 Industries is a private, vertically-integrated multi-state cannabis operator that cultivates, manufactures, and retails cannabis products across seven US states, including Michigan and Oregon. The company sells branded, high-quality cannabis products to consumers in select markets.

ConsumerRetail Tech

Founders & leadership

C3 Industries was founded in 2018 by Ankur Rungta.

AR
Ankur RungtaChief Executive Officer
VR
Vishal RungtaChief Financial Officer

Reported raises · per SEC filings

Form D private placements

$65.3M disclosed across 4 rounds · 2019–2023

$3.3MraisedSep 2023 · 6 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Ian GrossExecutive Officer
  • Ankur RungtaExecutive Officer, Director
  • Joel RuggieroExecutive Officer
  • Valay ShahExecutive Officer
  • Vishal RungtaExecutive Officer, Director
  • Samip ShahExecutive Officer
Offering amount
$25M
Amount sold
$3.3M
Minimum investment
$100K
First sale
Sep 2023
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$22.5MraisedFeb 2022 · 29 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Vishal RungtaExecutive Officer, Director
  • Ankur RungtaExecutive Officer, Director
Offering amount
$25M
Amount sold
$22.5M
Minimum investment
$50K
First sale
Sep 2020
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$22.9MraisedJul 2021 · 10 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Vishal RungtaExecutive Officer, Director
  • Ankur RungtaExecutive Officer, Director
Offering amount
$25M
Amount sold
$22.9M
Minimum investment
$250K
First sale
May 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$16.6MraisedAug 2020 · 41 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Vishal RungtaExecutive Officer, Director
  • Ankur RungtaExecutive Officer, Director
Offering amount
$17M
Amount sold
$16.6M
Minimum investment
$25K
First sale
Jan 2019
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 5

by search overlap
Gtigrows35 shared keywordsGreen Thumb produces and sells cannabis products through its portfolio of brands and retail stores, and has operated in the cannabis industry since 2014. The company focuses on well-being and consumer choice in safe, quality cannabis.
Dutchie33 shared keywordsDutchie operates an online marketplace connecting consumers with cannabis dispensaries across North America, offering real-time menus, order-ahead pickup, and delivery. It also provides dispensaries with e-commerce tools including online ordering, cashless payments, inventory sync, and loyalty/rewards features.
Leafly32 shared keywordsLeafly is an online cannabis marketplace and information resource where consumers can browse strains, brands, deals, and reviews, and place orders with local dispensaries for pickup or delivery. It also publishes articles and strain data for cannabis consumers across legal markets.
Holistic Industries28 shared keywordsHolistic Industries is a privately held cannabis company that cultivates plants and operates the Liberty Cannabis chain of dispensaries, selling its own cannabis brands to recreational customers and patients across the United States. Founded in 2011, the company grows cannabis, builds retail stores and brands, and advocates for legalization and regulation.
C324 shared keywordsC3 AI develops an enterprise AI platform that unifies data, intelligent agents, and domain-specific AI models to help large organizations make faster and better operational decisions. The platform serves enterprise customers across multiple industries including energy, manufacturing, and asset management.

Companies competing with C3 Industries for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does C3 Industries do?
C3 Industries is a private, vertically-integrated multi-state cannabis operator that cultivates, manufactures, and retails cannabis products across seven US states, including Michigan and Oregon. The company sells branded, high-quality cannabis products to consumers in select markets.
Who founded C3 Industries?
C3 Industries was founded by Ankur Rungta in 2018.
How much funding has C3 Industries raised?
C3 Industries has disclosed $65.3M raised across 4 rounds.
Where is C3 Industries headquartered?
C3 Industries is headquartered in Ann Arbor, US.