What is Flowhub?
Founded in 2015 and headquartered in Denver, Colorado, Flowhub provides a comprehensive retail management platform specifically engineered for the cannabis industry. The company serves as a critical bridge between business owners and the stringent compliance requirements mandated by local and state laws. By automating inventory tracking, point-of-sale operations, and regulatory reporting, Flowhub enables retailers to maintain operational integrity while keeping pace with the dynamic shifts inherent in the cannabis sector. Its platform is designed to mitigate risk and enhance efficiency, making it an essential utility for modern cannabis dispensaries.
How much funding has Flowhub raised?
Flowhub has raised a total of $45.3M across 3 funding rounds:
Angel/Seed
$3.3M
Series A
$23M
Unspecified
$19M
Angel/Seed (2017): $3.3M with participation from Green Lion Partners and Phyto Partners
Series A (2019): $23M led by Evolv Ventures, Poseidon, and e.ventures
Unspecified (2021): $19M supported by Headline and Poseidon Asset Management
Key Investors in Flowhub
Headline
Headline is a global venture capital firm that partners with fast-growing technology teams, focusing on leading rounds at every stage to drive international success.
Poseidon Asset Management
A pioneer in the cannabis investment sector, Poseidon specializes in hedge funds focused exclusively on the marijuana and hemp industries.
Green Lion Partners
A Denver-based business strategy firm that provides high-quality product development and manufacturing solutions to guide companies from concept to market.
What's next for Flowhub?
With the successful closure of this major strategic investment, Flowhub is poised to transition into a phase of aggressive market expansion and product innovation. The company is expected to leverage this capital to enhance its enterprise-grade software suite, potentially integrating advanced data analytics and deeper supply chain visibility tools. As the legal cannabis market continues to mature, Flowhub's focus will likely remain on solidifying its role as the backbone of retail operations, ensuring that its clients remain compliant while scaling their own businesses. The firm is well-positioned to capitalize on the ongoing professionalization of the cannabis industry, setting the stage for long-term sustainable growth.
See full Flowhub company page