What is BLAZE?
Founded in 2015 and headquartered in Newport Beach, California, BLAZE offers a comprehensive suite of software solutions designed for the cannabis industry. Its services encompass cultivation management, distribution logistics, and retail point-of-sale systems, catering to thousands of businesses across the United States. BLAZE has established itself as a key player in providing essential technology infrastructure for cannabis operators navigating complex regulatory and operational landscapes.
How much funding has BLAZE raised?
BLAZE has raised a total of $9M across 2 funding rounds:
Angel/Seed
$1M
Series A
$8M
Angel/Seed (2019): $1M, investors not publicly disclosed
Series A (2021): $8M led by SOJE CAPITAL, Act One Ventures, and Delta Emerald Ventures
Key Investors in BLAZE
SOJE CAPITAL
SOJE CAPITAL is an investment firm that participated in BLAZE's Series A funding round. Further details on their specific investment focus are not provided.
Act One Ventures
Act One Ventures is a community-focused, early-stage venture capital firm that specializes in leading pre-seed and seed rounds in sectors such as compliance, vertical SaaS, service-as-software, and fintech. They invest in founders transforming modern business operations through AI-native systems and deep automation.
Delta Emerald Ventures
Delta Emerald Ventures is an entity that provided backing to BLAZE during its Series A financing. Specifics regarding their investment thesis or operational focus are not detailed.
What's next for BLAZE?
With the recent infusion of major strategic capital, BLAZE is poised for accelerated growth and market penetration. The company is likely to focus on enhancing its existing product offerings, expanding its service reach to new markets, and potentially exploring strategic partnerships or acquisitions. This significant investment signals strong investor confidence in BLAZE's business model and its capacity to lead in the cannabis tech space, suggesting a continued emphasis on scaling operations and solidifying its competitive advantage.
See full BLAZE company page
