What is Flowhub?
Founded in 2015 and headquartered in Denver, Colorado, Flowhub provides a comprehensive cannabis retail management platform designed to assist business owners in navigating complex local regulations and evolving industry landscapes. The platform is engineered to ensure compliance and streamline operations, offering a critical solution for dispensaries seeking to manage inventory, sales, and reporting effectively. Flowhub's commitment to regulatory adherence and operational efficiency positions it as a key technology provider within the burgeoning cannabis market.
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 Poseidon, Evolv Ventures, and e.ventures
Unspecified (2021): $19M supported by Headline and Poseidon Asset Management
Key Investors in Flowhub
Headline
Headline is a venture capital firm established in 1998 that partners with fast-growing technology teams globally, with its Global Growth Fund investing from Series B onwards.
Poseidon Asset Management
Poseidon Asset Management is a pioneer in cannabis investment, specializing in hedge funds focused exclusively on marijuana and hemp since 2014.
e.ventures
eVenturers is a firm specializing in cutting-edge web and mobile application solutions, with a strong focus on quality and innovation since its inception in 2003.
What's next for Flowhub?
With the recent infusion of $19M in a major strategic investment, Flowhub is poised for accelerated expansion. This capital is expected to fuel further development of its compliance and retail management solutions, potentially enabling entry into new markets or the enhancement of existing features to address emerging industry needs. The company's trajectory suggests a focus on solidifying its market leadership and continuing to innovate within the highly regulated cannabis sector, leveraging this latest backing to drive strategic growth initiatives.
See full Flowhub company page
