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Hypur Ventures is a venture capital firm based in Scottsdale, Arizona, focused on the cannabis industry. The firm was established following a merger with Anslinger Capital in September 2016, which created a significant portfolio of cannabis-focused companies. This merger positioned Hypur Ventures as a key player in the cannabis investment landscape, with a commitment to supporting businesses that demonstrate innovation and compliance in this rapidly evolving market.
As of now, Hypur Ventures manages a fund size of approximately $500 million, although this figure has not been confirmed as a closed fund. The firm has invested in a total of eight companies, reflecting its concentrated approach to the cannabis sector. The team behind Hypur Ventures has been investing in cannabis since 2012, making them among the earliest institutional investors in the United States. Their experience and expertise in the industry have allowed them to navigate the complexities of cannabis investments effectively.
Hypur Ventures invests across various stages of development within the cannabis industry, emphasizing companies that provide innovative solutions and technologies. Their investment strategy covers the full supply chain, including commerce, technology, compliance, media, security, insurance, and consumer brands. This comprehensive approach allows them to support a diverse range of businesses that contribute to the cannabis ecosystem.
The firm seeks to partner with companies that are recognized as trusted members of the cannabis community, focusing on compliance and institutional credibility. Hypur Ventures looks for founders who demonstrate a strong understanding of the regulatory landscape and possess innovative ideas that can drive growth in the cannabis sector. Their investment thesis prioritizes businesses that are poised for growth and can navigate the complexities of the cannabis market.
Hypur Ventures has built a portfolio of eight notable companies within the cannabis sector, showcasing its commitment to supporting innovative businesses. The portfolio includes:
Christopher E. Galvin - Co-Founder and President. Galvin has extensive experience in the cannabis sector and has been involved in cannabis investments since 2012.
Christopher Male - Managing Director. Male joined Hypur Ventures through the merger with Anslinger Capital in 2016 and has played a key role in shaping the firm's investment strategy.
In January 2017, Hypur Ventures made a notable investment in Headset, a cannabis data analytics company, as part of their ongoing commitment to supporting innovative businesses in the cannabis sector. This investment was part of a broader strategy to enhance their portfolio with companies that provide essential services to the cannabis industry.
Since the merger in 2016, Hypur Ventures has maintained a portfolio of eight companies, although recent activity appears to have slowed, with limited press coverage following 2017. The firm continues to focus on its existing investments while navigating the complexities of the cannabis market.
What are Hypur Ventures' investment criteria?
Hypur Ventures focuses on investing in companies within the cannabis sector that demonstrate innovation and compliance. They look for businesses that provide solutions across the full supply chain, including technology, compliance, and consumer brands.
How can I apply or pitch to Hypur Ventures?
While specific application details are not provided, it is advisable to reach out through professional networks or industry contacts to establish a connection. A well-prepared pitch deck highlighting the business model, market opportunity, and compliance strategy is essential.
What makes Hypur Ventures different from other investors?
Hypur Ventures specializes exclusively in the cannabis industry, leveraging extensive industry knowledge and a compliance-first approach. Their focus on institutional credibility sets them apart in a market that has historically faced stigma.
What is the geographic scope of Hypur Ventures' investments?
The firm invests primarily in the United States, targeting companies that operate within the legal cannabis framework.
What is the typical check size for investments?
While specific check sizes are not disclosed, Hypur Ventures invests across various stages of development, indicating a flexible approach to funding based on the needs of the business.
What kind of post-investment involvement can portfolio companies expect?
Hypur Ventures adds value to its portfolio companies by leveraging its industry knowledge and network, focusing on compliance and operational support to help navigate the complexities of the cannabis market.
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