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Office Locations:
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330 Fell St.
San Francisco, CA 94102
Phone: 617-571-7114
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Consumer Products & Services
Food & Agriculture
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Poseidon Asset Management provides opportunities for a smarter crop of accredited investors interested in the Cannabis industry. Poseidon's business model is designed to identify attractive opportunities and take advantage of market dislocations for the benefit of its clients. With an eye on emerging opportunities and fields yet to be fully cultivated, Poseidon is unafraid to bring radical--yet proven--investment strategies to places and spaces others may balk, always knowing that with intelligent risk, great reward is as inevitable as the tides. Poseidon was founded by siblings Emily & Morgan Paxhia in 2013, making their first fund one of the longest running dedicated cannabis investment funds, with over $85 million in Assets Under Management and an IRR of 53% net of fees as of December 31, 2019. Fund Two launched in September 2018 and is actively investing. On March 31, 2020, the Poseidon team closed the fundraise for its Fund Two, a Venture Capital strategy, bringing total Assets Under Management to $145 million.
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Investment Firm Key
VC = Venture Capital
PE = Private Equity
A = Angel
I = Incubator
MB = Merchant Bank
VD = Venture Debt
FI = Family Investment Office
FOF = Fund of Funds
ED = Economic Development Office
TT = Technology Transfer Office
CVC = Corporate Venture Capital
SEC = Secondary Purchaser
HF = Hedge Fund/Mutual Fund
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| COMPANY STAGE | REVENUE |
| Venture Capital | |
Seed Stage
(includes "pre-seed," or
concept stage) | No Revenue |
| Early Stage | Minimal
Revenue |
Growth Stage
(also called Mid-stage) | $2M-$7M |
Expansion Stage
(also called Late-stage) | $7M and greater |
| Private Equity | |
| Lower Middle Market | $10M-$249M |
| Middle Market | $250M-$499M |
| Upper Middle Market | $500M-$1B |
| Large Cap | >$1B |
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