What is Vangst?
Vangst operates as a comprehensive human capital management platform specifically engineered for the cannabis industry. By providing a centralized hub for recruitment, staffing, and career advancement, the company addresses the unique operational challenges faced by cannabis organizations. Its platform serves as a critical infrastructure layer, ensuring that businesses can source qualified talent while professionals gain access to vetted career opportunities. Through its data-driven approach, Vangst effectively aligns human resource requirements with the complex regulatory and operational demands of the cannabis market, positioning itself as an essential partner for industry stakeholders.
How much funding has Vangst raised?
Vangst has raised a total of $31.5M across 3 funding rounds:
Angel/Seed
$2.5M
Series A
$10M
Series B
$19M
Angel/Seed (2018): $2.5M, investors not publicly disclosed
Series A (2019): $10M led by Lerer Hippeau and Casa Verde Capital
Series B (2022): $19M supported by Colle Capital, Delta Emerald Ventures, Casa Verde Capital, Level One Fund, Althea Group, Liquid 2 Ventures, Lerer Hippeau Ventures, and Phyto Partners
Key Investors in Vangst
Casa Verde Capital
Casa Verde is a leading venture capital firm focusing exclusively on the cannabis industry, investing in scalable, capital-efficient businesses led by world-class management teams.
Lerer Hippeau
Lerer Hippeau is a prominent venture capital firm that supports innovative startups across enterprise and consumer landscapes, leveraging deep operational expertise to foster long-term growth.
Colle Capital
Colle Capital Partners is a global early-stage technology venture fund that emphasizes data-driven decision-making and agility to support entrepreneurs in competitive environments.
What's next for Vangst?
With the recent infusion of capital, Vangst is well-positioned to accelerate its strategic roadmap, focusing on technological enhancements and market expansion. The company is expected to leverage these resources to deepen its penetration into emerging cannabis markets, potentially integrating advanced analytics to further optimize the hiring process. As the industry matures, Vangst's role as a primary talent aggregator will likely become even more critical, allowing the firm to set new standards for professional development and workforce efficiency. Future initiatives will likely prioritize the scaling of its digital infrastructure to support a broader range of enterprise-level clients, ensuring long-term sustainability and market leadership.
See full Vangst company page
