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Key people at 12/12 Ventures.
12/12 Ventures was founded in 2020 by Parker Berling (Founder and Partner) and Matt Barron (Co-Founder and Partner).
12/12 Ventures is a venture capital firm specializing in the burgeoning cannabis industry. The firm strategically invests in and cultivates globally scalable brands, businesses, and technologies across the cannabis ecosystem. It aims to identify and support enterprises poised for significant expansion and market leadership within this rapidly evolving sector.
Founded in 2020 by Matt Barron and Parker Berling, 12/12 Ventures emerged from a shared insight into the substantial investment opportunities within the complex cannabis landscape. Barron, an experienced investor, partnered with Berling to leverage their combined expertise, recognizing the critical need for dedicated capital and strategic guidance for innovative ventures.
The firm's target companies are entrepreneurial entities developing scalable products and innovative solutions throughout the cannabis value chain. 12/12 Ventures strives to be a pivotal partner, providing essential capital and strategic support to achieve broad market penetration and sustained growth. Its long-term vision is to actively shape the future of the legal cannabis industry by backing its most promising enterprises.
Key people at 12/12 Ventures.
12/12 Ventures was founded in 2020 by Parker Berling (Founder and Partner) and Matt Barron (Co-Founder and Partner).
12/12 Ventures has 1 tracked investment across 1 company. The latest tracked deal is $14.0M Seed in Backbone Software in April 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 14, 2022 | Backbone Software | $14.0M Seed | — | Nautilus Ventures |