Investments
12Portfolio Exits
1Funds
3Latest KEY Investment Partners News
May 2, 2022
As the cannabis industry celebrates another anticipated record-breaking sales day on 4/20, multiple factors are aligning to indicate that a surge of new cannabis investors may be preparing to enter the space, according to KEY Investment Partners. "In the early days of the regulated industry, it was primarily high net worth individuals and family offices investing in cannabis," said Pete Karabas, Founding Partner at KEY Investment Partners. "Today however, we are seeing a far broader range of investors interested in the space, including institutional investors who have actively been . . .
KEY Investment Partners Investments
12 Investments
KEY Investment Partners has made 12 investments. Their latest investment was in Open Book Extracts as part of their Series C on April 4, 2022.
KEY Investment Partners Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
4/5/2022 | Series C | Open Book Extracts | $4.23M | No | 2 | |
11/2/2021 | Seed VC | Polygen | $2.3M | Yes | 18.Ventures, Amplio Ventures, AU21, Axiom Asia, Biconomy, Extra Watts, GSR Ventures, Iconomy, Insignius Capital, LD Capital, LucidBlue Ventures, Lumosity, Maven Capital Partners, Moonboots Capital, NetZero Capital, Pluto Digital Assets, Polygon, Sky Man Ventures, Storna Finance, Twin Apex Capital, Woodstock Fund, and ZBS Capital | 4 |
5/7/2021 | Series B | Open Book Extracts | $11.5M | Yes | 2 | |
3/4/2021 | Seed VC | |||||
8/27/2020 | Series B - III |
Date | 4/5/2022 | 11/2/2021 | 5/7/2021 | 3/4/2021 | 8/27/2020 |
|---|---|---|---|---|---|
Round | Series C | Seed VC | Series B | Seed VC | Series B - III |
Company | Open Book Extracts | Polygen | Open Book Extracts | ||
Amount | $4.23M | $2.3M | $11.5M | ||
New? | No | Yes | Yes | ||
Co-Investors | 18.Ventures, Amplio Ventures, AU21, Axiom Asia, Biconomy, Extra Watts, GSR Ventures, Iconomy, Insignius Capital, LD Capital, LucidBlue Ventures, Lumosity, Maven Capital Partners, Moonboots Capital, NetZero Capital, Pluto Digital Assets, Polygon, Sky Man Ventures, Storna Finance, Twin Apex Capital, Woodstock Fund, and ZBS Capital | ||||
Sources | 2 | 4 | 2 |
KEY Investment Partners Portfolio Exits
1 Portfolio Exit
KEY Investment Partners has 1 portfolio exit. Their latest portfolio exit was springbig on November 09, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
11/9/2021 | Acq - Pending | 4 |
Date | 11/9/2021 |
|---|---|
Exit | Acq - Pending |
Companies | |
Valuation | |
Acquirer | |
Sources | 4 |
KEY Investment Partners Fund History
3 Fund Histories
KEY Investment Partners has 3 funds, including KEY Investment Partners Cannabis Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
12/20/2021 | KEY Investment Partners Cannabis Fund | $30M | 1 | ||
4/2/2020 | KEY Investment Partners Fund I | ||||
KEY-BDSA SPV |
Closing Date | 12/20/2021 | 4/2/2020 | |
|---|---|---|---|
Fund | KEY Investment Partners Cannabis Fund | KEY Investment Partners Fund I | KEY-BDSA SPV |
Fund Type | |||
Status | |||
Amount | $30M | ||
Sources | 1 |
KEY Investment Partners Team
2 Team Members
KEY Investment Partners has 2 team members, including current Founding Partner, Tiby Erdely III.
Name | Work History | Title | Status |
|---|---|---|---|
Tiby Erdely III | Founding Partner | Current | |
Pete Karabas | Partners Group, Equity Residential, and Senior Lifestyle Corporation | Founding Partner | Current |
Name | Tiby Erdely III | Pete Karabas |
|---|---|---|
Work History | Partners Group, Equity Residential, and Senior Lifestyle Corporation | |
Title | Founding Partner | Founding Partner |
Status | Current | Current |
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