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C3 Industries
Ann Arbor, US · Founded 2018 · Delaware corporation · 3 known investors
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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.
Founders & leadership
C3 Industries was founded in 2018 by Ankur Rungta.
Investors · 3
Also in the syndicate · 3
Madison Square Park CapitalleadNavy CapitalWelcan Capital
Reported raises · per SEC filings
Form D private placements$65.3M disclosed across 4 rounds · 2019–2023
▶$3.3MraisedSep 2023 · 6 investors · OtherRule 506(b)
▶$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
▶$22.5MraisedFeb 2022 · 29 investors · OtherRule 506(b)
▶$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
▶$22.9MraisedJul 2021 · 10 investors · OtherRule 506(b)
▶$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
▶$16.6MraisedAug 2020 · 41 investors · OtherRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 5
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DutchieDutchie 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.
LeaflyLeafly operates an online marketplace and information resource for cannabis, letting consumers research strains and products and order from licensed retailers, while offering customer-acquisition tools to cannabis brands and retailers. It also publishes cannabis journalism and educational resources for a worldwide consumer audience.
Holistic IndustriesHolistic 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.
C3 AIC3 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.
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In the news
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.