What is Vangst?
Vangst operates as a comprehensive staffing and recruitment ecosystem specifically engineered for the cannabis industry. By functioning as a centralized bridge between professional talent and industry-leading organizations, the platform provides the necessary tools, guidance, and resources to streamline hiring processes. In a sector characterized by rapid regulatory changes and high operational complexity, Vangst serves as a vital partner for companies aiming to build scalable, high-performing teams. Its market position is defined by its ability to standardize recruitment practices, thereby reducing friction for employers while simultaneously offering career advancement pathways for individuals entering or navigating the cannabis space.
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 Delta Emerald Ventures, Lerer Hippeau Ventures, Level One Fund, Althea Group, Colle Capital, Casa Verde Capital, Phyto Partners, and Liquid 2 Ventures
Key Investors in Vangst
Casa Verde Capital
Casa Verde is a premier venture capital firm focusing exclusively on the cannabis industry, investing in scalable, capital-efficient businesses led by world-class management teams.
Lerer Hippeau Ventures
Lerer Hippeau is a venture capital firm that supports innovative startups across enterprise and consumer landscapes, leveraging their expertise as former operators to foster long-term success.
Delta Emerald Ventures
Delta Emerald Ventures is a leader in intelligent cannabis investing, focusing on private equity and digital infrastructure to create value for partners through data-driven insights.
What's next for Vangst?
With the recent infusion of capital, Vangst is well-positioned to accelerate its technological roadmap and deepen its market penetration. The company is expected to focus on enhancing its digital infrastructure to better serve enterprise clients, potentially integrating more sophisticated data analytics to predict workforce trends and optimize talent matching. As the cannabis industry continues to evolve toward broader legalization and institutionalization, Vangst's strategic focus will likely shift toward maintaining its competitive advantage through superior service delivery and the expansion of its professional network. The firm remains a key indicator of the broader industry's health, as its ability to scale directly correlates with the overall demand for professionalized labor in the cannabis sector.
See full Vangst company page
