What is PISTIL DATA?
Pistil Data is a dedicated cannabis market intelligence platform. It provides crucial data and insights to stakeholders navigating the complexities of the cannabis industry. By leveraging advanced analytics and comprehensive data aggregation, Pistil Data empowers businesses to make informed strategic decisions, optimize their market presence, and understand consumer trends. The platform's establishment in 2020 positions it as a relatively new but rapidly growing entity in a sector that has seen significant regulatory shifts and market expansion.
How much funding has PISTIL DATA raised?
PISTIL DATA has raised a total of $6.5M across 1 funding round:
Angel/Seed
$6.5M
Angel/Seed (2021): $6.5M with participation from Casa Verde Capital and JW Partners
Key Investors in PISTIL DATA
Casa Verde Capital
Casa Verde Capital is a venture capital firm exclusively focused on the cannabis industry, investing in scalable businesses that address long-term market needs within this evolving sector.
JW Partners
JW Partners is a private investment and consulting firm that provides growth capital and strategic management to technology-enabled service companies, aiming to strengthen business fundamentals and support management teams during critical growth phases.
What's next for PISTIL DATA?
With the recent major strategic investment, Pistil Data is poised for accelerated growth and enhanced service delivery. The company is likely to focus on expanding its data collection capabilities, refining its analytical tools, and broadening its client base. This strategic financing will enable Pistil Data to further solidify its position as a leading intelligence provider in the cannabis market, potentially exploring new technological integrations and market verticals. The company's trajectory suggests a move towards scaling its enterprise-level solutions and deepening its market penetration.
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