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Top 50 Cannabis VC Funds & Investors in United States (June 2026)

The most active venture capital funds investing in United States Cannabis startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in United States Cannabis startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Poseidon Asset Management
VC Fund
23 United States Seed, Series A Cannabis, Software, SaaS $1M–$22M
Casa Verde Capital
VC Fund
22 United States, Germany, United Kingdom Seed, Series A, Series B Cannabis, Health Care, Software $2.5M–$38M
Phyto Partners
VC Fund
14 United States, Canada, Mexico Seed, Series A Cannabis, Software, SaaS $1M–$20M
Delta Emerald Ventures
VC Fund
7 United States Series A, Series B, Seed Cannabis, Software, Information Technology $1.5M–$31M
Silverleaf Venture Partners
VC Fund
6 United States Seed, Series B Cannabis, Software, Information Technology $1M–$31M
AFI Capital Partners
VC Fund
5 United States, Mexico Series A, Series B, Seed Cannabis, Biotechnology, Alternative Medicine $3.5M–$21M
Babel Ventures
VC Fund
5 United States Seed, Pre-Seed, Series A Food and Beverage, Cannabis, Health Care $250k–$4M
Merida Capital Holdings
VC Fund
5 United States, Canada, Italy Series A, Seed Cannabis, Biotechnology, Medical $1M–$58M
Gotham Green Partners
VC Fund
5 United States, Canada Series A, Series B Cannabis, Retail, E-Commerce $6M–$125M
HALLEY Venture Partners
VC Fund
4 United States, Mexico Seed, Series B Cannabis, Biotechnology, Medical $1.1M–$19M
Lerer Hippeau
VC Fund
4 United States, Canada, United Kingdom Seed, Series A, Series B Software, E-Commerce, Mobile $1.2M–$40M
7thirty Capital
VC Fund
4 United States Seed, Series C Cannabis, Software, AgTech $1.5M–$3.1M
Base Ventures
VC Fund
3 United States, South Korea, Canada Seed, Series A Software, Mobile, E-Commerce $346k–$24M
HPA (Hyde Park Angels)
VC Fund
3 United States, Canada Series A, Seed, Series B Software, SaaS, Information Technology $1M–$43M
Navy Capital
VC Fund
3 United States, Germany Post-IPO Equity, Seed Cannabis, Manufacturing, Food and Beverage $3M–$15M
Outbound Ventures
VC Fund
3 United States, Mexico, Colombia Seed, Series A E-Commerce, Food and Beverage, FinTech $1M–$160M
Rose Capital
VC Fund
3 United States Seed, Series A, Series B Cannabis, AgTech, Consumer
Euclid Ventures
VC Fund
3 United States Seed, Series B Cannabis, Software, Insurance $3M–$4.5M
JW Asset Management
VC Fund
3 United States, Canada Series A, Series B, Series C Cannabis, Medical, Pharmaceutical $4.6M–$40M
Arcview Group
VC Fund
3 United States Seed, Series A FinTech, Cannabis, Software $1M–$1M
Arcview Collective Fund
VC Fund
3 United States Seed, Series A Cannabis, Software, Information Technology $2.7M–$3.1M
Emles Venture Partners
VC Fund
3 United States, India, Mexico Seed, Series A, Series B Software, Financial Services, FinTech $1.5M–$17M
Achari Ventures
VC Fund
3 United States Seed, Series B, Series A Cannabis, Software, SaaS $19M–$31M
IA Capital Group
VC Fund
3 United States, Canada, Bermuda Series A, Series C Financial Services, Insurance, FinTech $4M–$50M
First Citizens Bank
VC Fund
2 United States, Canada, United Kingdom Debt Financing, Post-IPO Debt Energy, Renewable Energy, Solar
Cosmic Venture Partners
VC Fund
2 United States Seed, Series A Health Care, Internet, Food and Beverage
Mollitiam Capital
VC Fund
2 United States Seed Cannabis, Consumer, E-Commerce
Greenhouse Capital Partners
VC Fund
2 United States, Nigeria, Mauritius Series B, Series A Software, Financial Services, Manufacturing
Gron Ventures
VC Fund
2 United States Series A, Series B, Convertible Note Health Care, Cannabis, Sales
AltaIR Capital
VC Fund
2 United States, Israel, Russian Federation Seed, Series A, Pre-Seed Software, SaaS, Artificial Intelligence
Sugar Capital
VC Fund
2 United States, United Kingdom, Canada Seed, Series A, Series B E-Commerce, Software, Internet $3M–$102M
Brand New Matter
VC Fund
2 United States Seed, Angel Software, SaaS, Travel $2.4M–$5M
Subversive Capital
VC Fund
2 United States, Canada, Sweden Seed, Series A, Series B Cannabis, Health Care, Consumer Goods
Plus Capital
VC Fund
2 United States, Canada Series A, Series B, Seed Health Care, Software, E-Commerce
TCA Venture Group
VC Fund
2 United States, Canada Seed, Convertible Note Software, Health Care, Biotechnology $50k–$4.5M
Agritech Capital
VC Fund
2 United States, Germany Seed, Pre-Seed, Series A Agriculture, B2B, AgTech
Salveo Capital
VC Fund
2 United States Seed, Series A, Series B Cannabis, Agriculture, Farming $1.5M–$24M
Sinai Capital Partners
VC Fund
2 United States, Mexico, India Seed, Series A, Series B Software, FinTech, Financial Services $1.1M–$130M
Bullpen Capital
VC Fund
2 United States, Canada, Brazil Series A, Seed, Series B Software, SaaS, Mobile $1.3M–$50M
BrightStar Wisconsin Foundation
VC Fund
2 United States, Singapore Seed, Series A Software, Health Care, Information Technology $50k–$5.5M
Anslinger Capital
VC Fund
2 United States Seed Cannabis, B2B, SaaS
Harvard Business School Alumni Angels of Greater NY
VC Fund
2 United States, United Kingdom Seed, Series A, Pre-Seed Artificial Intelligence, Health Care, SaaS $50k–$11M
Evolution VC Partners
VC Fund
2 United States, Canada, India Series A, Seed Software, Food and Beverage, SaaS $500k–$38M
WelCan Capital
VC Fund
2 United States, Mexico Seed, Series B Cannabis, Software, Biotechnology $1.7M–$19M
Montage Ventures
VC Fund
2 United States, Italy, Brazil Seed, Series A Financial Services, Health Care, FinTech $615k–$25M
FJ Labs
VC Fund
2 United States, Brazil, United Kingdom Seed, Series A, Series B Software, E-Commerce, Financial Services $1.4M–$65M
Winnebago Seed Fund
VC Fund
2 United States Seed, Pre-Seed, Series A Software, SaaS, Information Technology $500k–$9M
Landis Capital
VC Fund
2 United States Seed, Series A, Series B Beauty, E-Commerce, Software $500k–$8M
Act One Ventures
VC Fund
2 United States, Mexico Seed, Series A, Pre-Seed Software, SaaS, Artificial Intelligence $700k–$15M
SeedInvest
VC Fund
2 United States, Israel, France Seed, Series A, Equity Crowdfunding Software, E-Commerce, Health Care $71k–$24M
Access all 352 VC funds in United States Cannabis startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Poseidon Asset Management
VC Fund · San Francisco, California, United States · 23 investments in United States Cannabis startups

Home of the pioneer cannabis hedge fund, focusing solely on marijuana and hemp.

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Investment focus

  • Industry: Cannabis, Software, SaaS
  • Stage:Seed, Series A
  • Geography: United States

Investor stats

  • Total investments: 47
  • Round size: Seed $1M–$2.3M; Series A $3.5M–$22M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: May invest from a new fund soon — raised $1.3M in 2019

Portfolio highlights

  • Distru — Seed-to-Sale Cannabis ERP that helps operators manage their inventory, orders and customers from a single interface, while staying compliant with Metrc.
  • Dogwood Green — Dogwood Green Cannabis Dispensary, is your go-to weed dispensary in West Orange, NJ. Visit us at 5 Central Ave or call (862) 704-2820
  • BLKBRN Dispensary — BLKBRN Dispensary is a retail dispensary that offers cannabis products and wellness education.
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Casa Verde Capital
VC Fund · Los Angeles, California, United States · 22 investments in United States Cannabis startups

As both the domestic and international markets continue to evolve and mature, Casa Verde maintains a view that cannabis will be among the most compelling investment themes of our generation.

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Investment focus

  • Industry: Cannabis, Health Care, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 43
  • Round size: Seed $2.5M–$14M; Series A $3.5M–$15M; Series B $15M–$38M
  • Lead/follow: 63% lead, 37% follow
  • Last fund: May invest from a new fund soon — raised $100M in 2020

Portfolio highlights

  • Growlink — Growlink offers advanced software and hardware solutions to streamline your grow operations. Automate climate, irrigation, and nutrient delivery while gaining valuable insights to boost yields, reduce waste, and ensure consistent quality. Discover how our tools can transform your cultivation process.
  • Mamedica — MAMEDICA is a private clinic with a pharmacy attached that specializes in prescribing cannabis-based drugs to patients whose current meds have not produced sufficient outcomes for their ailments.
  • Sanity Group — Sanity Group is a holistic European Cannabis company focusing on health, wellbeing, and scientific research. To utilize the full potential of its health benefits, Sanity Group is investing in fundamental research of the cannabis plant and its active ingredients as well as in specific areas of application.It was founded in 2018 and headquarteredin Berlin, Germany.
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Phyto Partners
VC Fund · Boca Raton, Florida, United States · 14 investments in United States Cannabis startups

Phyto Partners is a Venture Capital Fund focused on Neurowellness and Brain Health

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Investment focus

  • Industry: Cannabis, Software, SaaS
  • Stage:Seed, Series A
  • Geography: United States, Canada, Mexico

Investor stats

  • Total investments: 28
  • Round size: Seed $1M–$3.3M; Series A $2M–$20M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — raised $14M in 2018

Portfolio highlights

  • Muse — Muse is an immersive meditation device that provides real-time feedback on your mental activity, heart rate, breathing, and body movements to help you build a consistent meditation practice.
  • HealingMaps — Healing Maps provides education and information about psychedelic-assisted therapies related to Ketamine and beyond. It features in-depth articles related to medical psychedelics, as well as a directory to find the nearest clinics. Founded in 2020, Healing Maps is based in Miami, Florida, United States.
  • Wonder Sciences — Reengineering Mental Healthcare
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Delta Emerald Ventures
VC Fund · New York, New York, United States · 7 investments in United States Cannabis startups

A founder-focused, data-forward investment firm based.

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Investment focus

  • Industry: Cannabis, Software, Information Technology
  • Stage:Series A, Series B, Seed
  • Geography: United States

Investor stats

  • Total investments: 16
  • Round size: Seed $1.5M–$3.1M; Series A $6M–$20M; Series B $11M–$31M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • AdaViv — Farm Profitability with Lean Cultivation focusing on optimizing labor, crop health and input. First AI-powered farm co-pilot designed to maximize the farm profitability. See our Solutions page for more information. Execute a data-driven planning that optimizes key needle movers in your farm.
  • BLAZE® — BLAZE is a cannabis seed to sale inventory management platform enabling vertical integrated operators and single operators to run day to day operations and stay in compliance. BLAZE raised a $1.5M seed round with ActOne Ventures in June 2019 and most recently a Series A of $8M led by Delta Emerald Ventures.
  • Jane Technologies — Jane Technologies is a cannabis retail tech company that provides its consumers with a confident, safe and simple shopping experience. Users can browse local products in real-time, compare by price, proximity or popularity and place orders at local stores for free. Jane partners with dispensaries on a win-win basis; stores only pay for completedorders at a fraction of the price of other industry software.
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Silverleaf Venture Partners
VC Fund · Stamford, Connecticut, United States · 6 investments in United States Cannabis startups

An Opportunistic Investment Manager focusing on sectors with outsized returns, limited competition and misunderstood risk. Distressed Real Estate, Legal Cannabis VC, Emerging Technology and Life Sciences Venture Capital

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Investment focus

  • Industry: Cannabis, Software, Information Technology
  • Stage:Seed, Series B
  • Geography: United States

Investor stats

  • Total investments: 12
  • Round size: Seed $1M–$3.1M; Series B $19M–$31M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $1.7M in 2020

Portfolio highlights

  • Nabis — Nabis is a licensed cannabis wholesale marketplace that distributes cannabis products to retailers. It provides a lightning-fast distribution, sales, marketing, financing, and data analytics services. The company's technology coordinates the entire cannabis distribution lifecycle from production to delivery.
  • Perfect Blends — A blend of terpene-rich sauce infused cannabis varieties formulated to help you feel the way you want to feel.
  • Happy Cabbage Analytics — Happy Cabbage Analytics is a revenue optimization toolkit for cannabis retailers. Our products improve your returns from marketing, inventory management, and business operations.
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AFI Capital Partners
VC Fund · Seattle, Washington, United States · 5 investments in United States Cannabis startups

AFI Capital Partners

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Investment focus

  • Industry: Cannabis, Biotechnology, Alternative Medicine
  • Stage:Series A, Series B, Seed
  • Geography: United States, Mexico

Investor stats

  • Total investments: 11
  • Round size: Seed $3.5M–$6M; Series A $12M–$20M; Series B $8.5M–$21M
  • Lead/follow: 45% lead, 55% follow

Portfolio highlights

  • Botanica Seattle — botanicaGLOBAL has an award winning catalog of cannabis brands with the most widely available cannabis edibles in the United States.
  • Compassionate Cultivation — Compassionate Cultivation is a medical cannabis company that grows, processes, and dispenses CBD medicine.The company provides patient consultations, physician outreach resources, and detailed information on their products and retail merchandise. Conditions including epilepsy, seizure disorders, multiple sclerosis, spasticity, ALS, autism,terminal cancer, CTE, and other incurable neurodegenerative disorder now have access to medically prescribed cannabis.
  • Biopharmaceutical Research Company — Biopharmaceutical Research Company is a botanical cannabinoid API producer based in United States of America, focusing on federally compliant active pharmaceutical ingredients and plant-based therapeutics for academic researchers, biotech drug developers and pharmaceutical manufacturing companies.
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Babel Ventures
VC Fund · San Francisco, California, United States · 5 investments in United States Cannabis startups

Babel Ventures is an early stage VC fund backing driven, impact-oriented entrepreneurs in Silicon Valley. The firm typically invests in seed-stage consumer biotech, longevity, health & wellness, and F&B verticals.

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Investment focus

  • Industry: Food and Beverage, Cannabis, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States

Investor stats

  • Total investments: 17
  • Round size: Seed $250k–$4M; Pre-Seed $600k–$1.4M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — raised $26M in 2017

Portfolio highlights

  • GALY — GALY biocrafts premium cocoa and cotton with quality, traceability, and scalable supply for modern brands.
  • Nabis — Nabis is a licensed cannabis wholesale marketplace that distributes cannabis products to retailers. It provides a lightning-fast distribution, sales, marketing, financing, and data analytics services. The company's technology coordinates the entire cannabis distribution lifecycle from production to delivery.
  • Mellows — Mellows is a producer of cannabis-infused marshmallows intended to offer safe and unique confectionery alternatives for adults. Its low-dose and handcrafted marshmallows are medicated using coconut oil infused with solventless hash, enabling customers to enjoy sweets without worrying about dosage and portion splitting.The company was founded in2015 and is based in San Francisco, California.
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Merida Capital Holdings
VC Fund · New York, New York, United States · 5 investments in United States Cannabis startups

Merida Capital Holdings is a private equity firm focused on responsible investing across the cannabis ecosystem.

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Investment focus

  • Industry: Cannabis, Biotechnology, Medical
  • Stage:Series A, Seed
  • Geography: United States, Canada, Italy

Investor stats

  • Total investments: 45
  • Round size: Seed $1M–$2.5M; Series A $2.8M–$58M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $250M in 2022

Portfolio highlights

  • Petalfast — Petalfast helps new cannabis brands scale up and established cannabis brands reach new audiences and markets. We have deep expertise in strategy, marketing, sales, merchandising, and expansion.
  • Kush Bottles — BeraStrategy by Greenlane Holdings, Inc. is a Berachain-focused Digital Asset Treasury.
  • GrowGeneration — GrowGeneration is a private company, whose plan is to open and operate hydroponic and specialty gardening stores and capitalize on the rapid growth from the legalization of marijuana and home gardening. The company is a marketer and distributor of nutrients, growing media, advanced indoor and greenhouse lighting, ventilation systems, andaccessories for hydroponic gardening.
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Gotham Green Partners
VC Fund · Santa Monica, California, United States · 5 investments in United States Cannabis startups

A leading private equity firm investing exclusively across the global cannabis industry.

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Investment focus

  • Industry: Cannabis, Retail, E-Commerce
  • Stage:Series A, Series B
  • Geography: United States, Canada

Investor stats

  • Total investments: 29
  • Round size: Series A $6M–$24M; Series B $10M–$125M
  • Lead/follow: 66% lead, 34% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Lucid Green — Lucid Green aims to provide supply chain operational efficiency and brand marketing solutions to help cannabis brands, distributors and retailers reduce costs, increase transparency, and drive revenue.
  • Trait Biosciences — Trait Biosciences is an emerging cannabis biotechnology company harnessing the best-in-class research scientists in biotechnology and cannabis R&D to change the face of the industry. The company was founded in 2017 and is based in Vancouver, Canada.
  • Engin Sciences — Engin Sciences develops AI-Driven HR software that plugs into existing job boards, giving companies access to a virtual talent management system for hourly jobs, allowing HR managers to gamify the job application process on any site, quickly evaluating applicants, engaging and routing viable candidates to the jobs to which they’re best suited.Saving time and reducing churn, Engin saves companies thousands of dollars in HR personnel expenses.
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HALLEY Venture Partners
VC Fund · Lafayette, California, United States · 4 investments in United States Cannabis startups

HALLEY is focused on building elite companies in the legal cannabis, hemp and traditional agriculture spaces and is investing early in these truly life-changing trends.

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Investment focus

  • Industry: Cannabis, Biotechnology, Medical
  • Stage:Seed, Series B
  • Geography: United States, Mexico

Investor stats

  • Total investments: 15
  • Round size: Seed $1.1M–$3.1M; Series B $7.5M–$19M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $8M in 2019

Portfolio highlights

  • springbig — BETTER TEXT EMAIL PUSH MARKETING AI-Powered MarTech for Regulated Industries Get Started Today Phone Email Submit Submit Increase retention, boost revenue, build customer loyalty, and create smarter marketing campaigns with the highest deliverability for regulated industries. LEVERAGE YOUR DATA Thanks to our innovative CRMs for regulated industries, you can craft personalized messages based on your
  • Lucid Green — Lucid Green aims to provide supply chain operational efficiency and brand marketing solutions to help cannabis brands, distributors and retailers reduce costs, increase transparency, and drive revenue.
  • Willow Industries — Mitigate mold and bacteria in cannabis with Willow Industries Ozone Systems. WillowPure provides clean and effective solutions to cannabis contamination.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Lerer Hippeau
VC Fund · New York, New York, United States · 4 investments in United States Cannabis startups

Lerer Hippeau is an early-stage venture capital fund based in New York City. As founders and operators ourselves, we see returns in relationships

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Investment focus

  • Industry: Software, E-Commerce, Mobile
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 487
  • Round size: Seed $1.2M–$7M; Series A $2.5M–$15M; Series B $8.5M–$40M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $37M in 2012

Portfolio highlights

  • TollBit — Create an agent optimized version of your website for autonomous visitors. Control access, analyze AI bot traffic, and monetize your site as the agent economy grows.
  • Lockchain.ai — AI-powered risk management for digital assets.
  • Symbiotic Security — Symbiotic Security revolutionizes cybersecurity with an AI-driven coach, offering real-time detection, remediation, and training within the developer's IDE.
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7thirty Capital
VC Fund · Boulder, Colorado, United States · 4 investments in United States Cannabis startups

The 7thirty Opportunity Fund is an early-stage growth equity fund targeting private cannabis-related technology investments around the world. The fund is closely partnered with the CanopyBoulder business accelerator for unparalleled deal flow and access to top-tier investments. Headquartered in Boulder, Colorado, the fund is ideally situated tocapitalize on the 30% average compound annual growth in the legal cannabis industry. A highly disciplined investment approach allows the fund to build a diversified portfolio of exceptional investments poised to grow with the industry.

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Investment focus

  • Industry: Cannabis, Software, AgTech
  • Stage:Seed, Series C
  • Geography: United States

Investor stats

  • Total investments: 6
  • Round size: Seed $1.5M–$3.1M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Trym — Software built for commercial growers. Improve efficiency & consistency to optimize your grow for more ROI and less WTF.
  • Apex Trading — Built for wholesale cannabis by cannabis industry professionals. Delivering all the software tools needed to simplify wholesale operations while creating an environment in which Buyers and Sellers interact directly ensuring the best value for all.
  • The Blinc Group — Headquartered in New York City, The Blinc Group designs, develops, supplies and supports premium cannabis vaping hardware. The company offers a curated collection of proven cartridges, batteries, ready to use vaporizers and complete bespoke device development to multi-state operators, licensed producers, processors and brands. Blinc completes thevalue chain by providing its clients access to a suite of support services ranging from research and development, production, testing, standard operating procedures, training and all the way to go-to-market strategy and brand communications consulting. With full control of the supply chain, the company’s unique “Powered by Blinc” process enables clients to provide innovative, safe and quality controlled products to cannabis consumers worldwide. To learn more about Blinc, visit http://www.theblincgroup.com.
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Base Ventures
VC Fund · Berkeley, California, United States · 3 investments in United States Cannabis startups

We founded Base Ventures to turn access into opportunity for investors, founders, and the next disruptive idea.

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Investment focus

  • Industry: Software, Mobile, E-Commerce
  • Stage:Seed, Series A
  • Geography: United States, South Korea, Canada

Investor stats

  • Total investments: 116
  • Round size: Seed $346k–$7M; Series A $1.2M–$24M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Rebodis — Ribodi’s goal is to empower clothing with intelligence by seamlessly integrating robotics and smart technologies into everyday apparel, enabling robotized garments to become a practical, accessible, and trusted fixture in everyone’s wardrobe.
  • Vivadios — Vivadios’s mission is to build 10x Christian apps that transform the way people engage with the Bible and practice their faith daily, using innovative technology to make Bible learning more accessible, interactive, and meaningful.
  • Index Robotics — Index Robotics is a startup developing upper-body humanoid robots based on high-precision actuator technology .
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HPA (Hyde Park Angels)
VC Fund · Chicago, Illinois, United States · 3 investments in United States Cannabis startups

HPA operates in the financial services sector, focusing on early-stage investments. The company's People First model combines venture capital, a robust business network, and top-tier operating expertise to support the growth of its portfolio companies. HPA's services extend to all stages of a company's lifecycle, from seed to growthstages, providing financial and strategic support to help businesses thrive.It was founded in 2007 and headquartered in Chicago, Illinois.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada

Investor stats

  • Total investments: 149
  • Round size: Seed $1M–$5M; Series A $1.5M–$15M; Series B $2.5M–$43M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • ShipBob — Ecommerce fulfillment for online stores. ShipBob empowers businesses to offer 2-day shipping and manage inventory, orders, and shipments.
  • YCharts — YCharts.com is the premier web based financial research and analysis platform for asset managers and advisors. Build custom Model Portfolios and generate proposals for client communications.
  • Intelligems — Intelligems simplifies profit optimization for e-commerce businesses, enabling effortless testing of prices, discounts, and shipping rates to maximize margins.
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Navy Capital
VC Fund · New York, New York, United States · 3 investments in United States Cannabis startups

Navy Capital’s research-oriented, fundamentally-driven investment process focuses on identifying attractive opportunities within the legal cannabis space. Navy Capital seeks to find the best in class businesses within key verticals of the global cannabis industry. Those verticals include Consumer, Healthcare, Technology, Industrials, andAgriculture.

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Investment focus

  • Industry: Cannabis, Manufacturing, Food and Beverage
  • Stage:Post-IPO Equity, Seed
  • Geography: United States, Germany

Investor stats

  • Total investments: 14
  • Round size: Seed $5M–$6.1M; Post-IPO Equity $3M–$15M
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Trading.TV — Tech-driven, human-centric advice and services to help you prosper.
  • Sanity Group — Sanity Group is a holistic European Cannabis company focusing on health, wellbeing, and scientific research. To utilize the full potential of its health benefits, Sanity Group is investing in fundamental research of the cannabis plant and its active ingredients as well as in specific areas of application.It was founded in 2018 and headquarteredin Berlin, Germany.
  • C3 Industries — Building a premier, vertically-integrated cannabis company with a national presence, high-quality products, and strong brand recognition. Learn more.
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Outbound Ventures
VC Fund · New York, New York, United States · 3 investments in United States Cannabis startups

We invest in our generation. Millennials not only represent the largest buying group in US history, but are also reshaping the way business is done.

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Investment focus

  • Industry: E-Commerce, Food and Beverage, FinTech
  • Stage:Seed, Series A
  • Geography: United States, Mexico, Colombia

Investor stats

  • Total investments: 54
  • Round size: Seed $1M–$7M; Series A $1.7M–$160M
  • Lead/follow: 2% lead, 98% follow

Portfolio highlights

  • Clau — Clau is a leading real estate platform that simplifies buying, selling, and remodeling properties. It acts as a real estate superapp combining a property marketplace with CRM tools for brokers, mortgage brokerage services, renovation connections, and a data platform for market insights. It serves homebuyers, brokers, sellers, and investors seekingstreamlined property transactions and market data.
  • Nexu — Nexu is a financing platform used by car dealerships to offer to finance to more car buyers in a 100% digital and real-time experience. Nexu's platform uses AI, statistical algorithms, and technology automation.
  • Worky — At Worky, we are revolutionizing the way HR is managed at Small and Medium Companies. We want to disrupt the way these firms communicate with their employees, and these employees’ financial health
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Rose Capital
VC Fund · Greenwich, Connecticut, United States · 3 investments in United States Cannabis startups

Rose Capital is a leading investment firm in the emerging legal cannabis sector. We understand the intricacies of public and private investment as well as the challenges and complexity of this explosive market.

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Investment focus

  • Industry: Cannabis, AgTech, Consumer
  • Stage:Seed, Series A, Series B
  • Geography: United States

Investor stats

  • Total investments: 5
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Eaze — Get the best THC and CBD products delivered same-day with Eaze. Shop flower, vapes, edibles, and joints from legal marijuana brands. Free, fast weed delivery for first-time customers.
  • Thrive Agritech — Thrive Agritech designs and manufactures advanced lighting fixtures for indoor agriculture. We have a patent pending LED lighting system that precisely targets various photosynthetic spectrums.Many thousands of our LED lighting fixtures have been installed in some of the world's leading indoor farms. Our products are saving millions ofwatt-hours of energy every day in vertical farms, greenhouses and cannabis production facilities.Agritech expands beyond lighting and so do we. Our R&D team is actively involved in creating advanced sensor and communications networks to work with both human and artificial intelligence to create the optimized farm of the future.
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Euclid Ventures
VC Fund · San Francisco, California, United States · 3 investments in United States Cannabis startups

We help domain experts build industry-transforming businesses.

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Investment focus

  • Industry: Cannabis, Software, Insurance
  • Stage:Seed, Series B
  • Geography: United States

Investor stats

  • Total investments: 11
  • Round size: Seed $3M–$4.5M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Roofr — The complete sales toolbox for roofers. From roof measurement reports to project-winning proposals.
  • BuildVision — Automate sourcing, procurement, and financing for building systems. Connect with suppliers, generate RFQs instantly, and gain project visibility.
  • Indie Health — Indie was founded by healthcare innovators and technologists committed to revolutionizing the independent practice landscape. Its mission is to create thriving practices that deliver exceptional patient care using modern technology.
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JW Asset Management
VC Fund · New York, New York, United States · 3 investments in United States Cannabis startups

An SEC-registered investment adviser in New York City - investing primarily within the healthcare sector - with over $1B in assets under management.

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Investment focus

  • Industry: Cannabis, Medical, Pharmaceutical
  • Stage:Series A, Series B, Series C
  • Geography: United States, Canada

Investor stats

  • Total investments: 23
  • Round size: Series A $4.6M–$12M; Series B $11M–$35M; Series C $23M–$40M
  • Lead/follow: 57% lead, 43% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Tyson 2.0 — The official merchandise of Mike Tyson's legendary brand, Tyson 2.0
  • Gage Cannabis — Gage Cannabis Co. is innovating and curating the highest quality cannabis experiences possible for cannabis consumers in the state of Michigan and bringing internationally renowned brands to market.
  • Establishment Labs — Establishment Labs is a medical technology company with a strong emphasis on innovation that designs, develops, manufactures and markets an innovative product portfolio. Its CE-marked Motiva Implants® line of silicone breast implants (http://www.motivaimplants.com) utilizes ultra-high purity medical-grade silicone and is subject to thestrictest quality assurance testing throughout the manufacturing process. Motiva Implants are sold in more than 60 countries worldwide. Puregraft®’s FDA cleared and CE-Marked technology provides plastic surgeons with purified fat for reinjection on the sterile field and is used in hospitals and clinics around the world. Divina® is a proprietary 3D imaging technology for full integration in consultation and surgical planning of unique solutions for breast aesthetics and reconstruction. All manufacturing facilities are fully compliant with both FDA and ISO applicable standards.
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Arcview Group
VC Fund · Oakland, California, United States · 3 investments in United States Cannabis startups

The ArcView Group works in the burgeoning legal cannabis industry by establishing connections between investors and entrepreneurs in an effort to meet the needs of cannabis cultivators, dispensaries, and customers. With industry experience, The ArcView Group is working to help usher in the next generation of cannabis-related businesses with thecreation of The ArcView Angel Network and the MyDispensary Mobile App.

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Investment focus

  • Industry: FinTech, Cannabis, Software
  • Stage:Seed, Series A
  • Geography: United States

Investor stats

  • Total investments: 3
  • Round size: Seed $1M–$1M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Wurk — Wurk is the leader in HR, Payroll, and Payment technology servicing the fastest-growing emerging industry, cannabis! Wurk's proprietary Compliant Payment Cloud underwriters cannabis businesses enabling them to process payments for payroll, taxes, 401k, benefits, and more positioning Wurk as the largest payments processor in the industry. TheirSaaS HCM Cloud provides Modern HR, Payroll, Time & Attendance, Scheduling accessible on any device, including tablets and mobile. Wurk's Intralytics Cloud (integration meets analytics) connects the industries leading technology providers allowing operators to combine and analyze data to inform mission-critical decisions. Wurk is also assembling this data to provide industry benchmarks to help operators compare their KPIs to the trends of the industry. Wurk's unique platform is proving that Human Capital Management, Workforce Management, and Payment technology providers can add significant value to their customers by focusing on their vertical-specific needs.Wurk was founded in August 2015 by Keegan Peterson. And it is headquartered in Denver, Colorado.
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Arcview Collective Fund
VC Fund · San Francisco, California, United States · 3 investments in United States Cannabis startups

Arcview Collective Fund is an early-stage and opportunities for the cannabis industry. The Collective invests across subsectors where it leverages its members’ expertise, to make investments averaging $50,000 to $250,000, each, over the life of the investment. The firm was founded in 2009 and headquartered in San Francisco, California.

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Investment focus

  • Industry: Cannabis, Software, Information Technology
  • Stage:Seed, Series A
  • Geography: United States

Investor stats

  • Total investments: 4
  • Round size: Seed $2.7M–$3.1M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $2.8M in 2018

Portfolio highlights

  • UbiQD — UbiQD pioneers quantum dot technology to enhance energy efficiency and sustainability. Discover our innovative solutions in solar energy, agriculture, and advanced materials.
  • Trym — Software built for commercial growers. Improve efficiency & consistency to optimize your grow for more ROI and less WTF.
  • Hoodie Analytics — Hoodie Analytics was founded on the belief that cannabis businesses need deeper, operational insights to better compete. Our team has decades of experience in cannabis as well as e-commerce intelligence & market measurement in markets like CPG & FMCG.With Hoodie Analytics, you get an indispensable partner tracking the movements of themarket. You get access to the best people, processes, and data which deliver an unfair advantage over the the competition. You can focus on running your business. We’ll deliver the insights needed to outgrow the pack.
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Emles Venture Partners
VC Fund · New York, New York, United States · 3 investments in United States Cannabis startups

Emles Venture Partners is a venture capital company.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Mexico

Investor stats

  • Total investments: 22
  • Round size: Seed $1.5M–$9.5M; Series A $10M–$17M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Canix — Seed-to-sale cannabis software and cannabis ERP for marijuana cultivators, manufacturers and distributors. Metrc approved inventory compliance tracking.
  • AirMyne — AirMyne is building a machine to remove carbon dioxide from atmospheric air at industrial scale. Based in Berkeley, California and backed by Y Combinator and investors from around the world, our team is on a mission to make Direct Air Capture a reality.
  • Seabound — Seabound's carbon capture method allows professionals to process carbon dioxide on land. The limestone produced by the reaction can be sold directly, or it can be heated to separate carbon dioxide to generate calcium oxide for secondary recycling, and the carbon dioxide will be stored or sold.
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Achari Ventures
VC Fund · New York, New York, United States · 3 investments in United States Cannabis startups

Achari Ventures is an investment firm that invests in cannabis & cannabis-related companies.

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Investment focus

  • Industry: Cannabis, Software, SaaS
  • Stage:Seed, Series B, Series A
  • Geography: United States

Investor stats

  • Total investments: 5
  • Round size: Series B $19M–$31M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Vangst — Vangst is the premier talent resource for the cannabis industry. Built on a network of the industry’s best people and widest-ranging career opportunities, Vangst helps employers and employees succeed in cannabis. From temporary gig work to full-time career placement, the company is trusted by the biggest and most innovative brands in cannabis forfull-spectrum staffing needs and has successfully matched tens of thousands of cannabis professionals with leading cannabis companies, The Vangst team’s industry expertise and passion for the plant make us uniquely qualified to help companies match with the perfect candidate and successfully navigate a nuanced and ever-evolving regulatory landscape. At the end of the day, Vangst is about getting cannabis to work with smart technology, unmatched experience, and the industry’s best community of talent.
  • Komplyd — Komplyd is an enterprise-class cannabis technology platform that manages risk and compliance easily. Komplyd’s API provides enriched data, increasing the team’s productivity. It provides real-time and accurate compliance updates. It is a common data model and a single endpoint that empowers the team to rapidly deliver cannabis compliance solutionsin days.
  • Biopharmaceutical Research Company — Biopharmaceutical Research Company is a botanical cannabinoid API producer based in United States of America, focusing on federally compliant active pharmaceutical ingredients and plant-based therapeutics for academic researchers, biotech drug developers and pharmaceutical manufacturing companies.
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IA Capital Group
VC Fund · New York, New York, United States · 3 investments in United States Cannabis startups

IA Capital Group is a New York-based venture capital firm and manager of the Inter-Atlantic funds. Since 2000, IA Capital Group has partnered with entrepreneurs to shape the future of the financial services and insurance industries.

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Investment focus

  • Industry: Financial Services, Insurance, FinTech
  • Stage:Series A, Series C
  • Geography: United States, Canada, Bermuda

Investor stats

  • Total investments: 97
  • Round size: Series A $4.9M–$15M; Series C $4M–$50M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — raised $84M in 2020

Portfolio highlights

  • Scription — Comprehensive HVAC equipment care that bundles technology and service into an incentivized and guaranteed flat rate
  • Marble — Members earn up to 5% back for organizing all their existing insurance policies on Marble.
  • Summit — Summit provides the best Commercial Insurance, Liability, Business, Tech & Cyber Insurance in Canada. We are specialized in custom insurance Solutions.
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First Citizens Bank
VC Fund · Raleigh, North Carolina, United States · 2 investments in United States Cannabis startups, 14 in the past 12 months

First Citizens Bank provides banking services, essential business and professional services, wealth management capabilities, and more.

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Investment focus

  • Industry: Energy, Renewable Energy, Solar
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 36
  • Lead/follow: no public data

Portfolio highlights

  • Soltage — Soltage is a full-service renewable energy company that develops and operates solar energy stations. Its primary customers are commercial and industrial companies including not-for-profit and government entities who purchase power under long-term power purchase agreements (PPA) from the solar projects installed on their respective buildings or landsites. Soltage develops, finances, and installs these projects at no upfront cost to the host site and provides ongoing maintenance and operational services.Soltage was founded in 2005 and is headquartered in Jersey City, New Jersey.
  • Connectivity Wireless — Connectivity Wireless Solutions is a leading nationwide provider of in-building wireless solutions that has implemented over 2,000 distributed antenna system (DAS) networks and wireless data solutions across 49 states. The company’s DAS solutions deliver reliable cell phone, data and multimedia services for any indoor wireless application,including in hospitality, healthcare, commercial business, government and higher education, airports, athletic stadiums and other public venue environments. As a best-in-class turnkey solution provider, Connectivity handles design, implementation, carrier coordination and integration, and ongoing maintenance and support, so that clients can focus on their core business. The in-building wireless services are backed by 24/7 service and support, and a team with more than 300 years of combined industry-certified expertise in wireless and RF engineering. The company employs 100 people from its headquarters in Atlanta, Georgia; and regional offices in Dallas, Texas; Orlando, Florida; Chicago, Illinois; Frederick, Maryland; Charlotte, NC; and other field offices throughout the U.S.
  • Cypress Creek Renewables — Cypress Creek Renewables is committed to making the world cleaner and healthier. From development to operation, we create and operate valuable solar and storage projects that benefit communities for decades.
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Cosmic Venture Partners
VC Fund · New York, New York, United States · 2 investments in United States Cannabis startups

We're investing in the next generation of consumer platforms, products and services.

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Investment focus

  • Industry: Health Care, Internet, Food and Beverage
  • Stage:Seed, Series A
  • Geography: United States

Investor stats

  • Total investments: 24
  • Lead/follow: no public data

Portfolio highlights

  • Gooder Foods — Gooder Foods re-imagines Mac & cheese that's stealthily healthy and unbelievably delicious. It was launched in 2020 and operates in Santa Cruz, California.
  • Arrive Recommerce — Arrive offers a premium service powering circular commerce for major brands and retailers. The technology and reverse logistics capabilities of The Arrive Platform enables brands and retailers in any industry to integrate circular commerce - including rental and resale - directly into an existing ecommerce experience. With this unique offering,Arrive makes it possible for any company to seamlessly launch a circular channel - ultimately reaching more consumers, driving more revenue, and promoting a sustainable solution. Arrive, first launched as Arrive Outdoors, is an award-winning company and has been named the 4th Most Innovative Travel Company by Fast Company in 2020 and awarded the 2019 Outdoor Retailer of the Year by the Outdoor Retailer Association.
  • D'Amelio family — The D'Amelio family is operating as a family investment firm.
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Mollitiam Capital
VC Fund · New York, New York, United States · 2 investments in United States Cannabis startups

Mollitiam Capital is a U.S.-focused cannabis private equity fund cultivating resilient brands and businesses. The firm was founded by industry veterans Ross Bevevino and Tyson Macdonald. Mollitiam Capital is headquartered in New York, New York.

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Investment focus

  • Industry: Cannabis, Consumer, E-Commerce
  • Stage:Seed
  • Geography: United States

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • Zyp Run — Cannabis Delivery in under 60 mins! Save time with Boston's most convenient weed delivery service. $15 off your 1st order.
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Greenhouse Capital Partners
VC Fund · Sausalito, California, United States · 2 investments in United States Cannabis startups

Greenhouse Capital Partners invests in B2B technology solutions that improve resource efficiency, drive climate change resiliency and unlock new value streams across legacy industrial supply chains and infrastructure.

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Investment focus

  • Industry: Software, Financial Services, Manufacturing
  • Stage:Series B, Series A
  • Geography: United States, Nigeria, Mauritius

Investor stats

  • Total investments: 40
  • Lead/follow: no public data

Portfolio highlights

  • Revive Kombucha — Since 2010, we have been brewing up beverages that taste as good as they are good for you! Revive is the healthy alternative to soda. Our award winning and innovative new Revive Sparkling Kombucha line; with 5g sugar, 20 calories and 5 billion probiotics, is your delicious and healthy adventure ready partner in a can.
  • Impact Laboratories — Impact Laboratories collaborates with labs in the commercial, biotech, pharmaceutical, and academic sectors.
  • Linkage Biosciences — Linkage Biosciences is a molecular diagnostics company developing products that hope to improve and expedite complex genetic testing. Their initial focus is on diagnostic products for solid organ and hematopoietic stem cell transplantation where their proprietary technology will have an impact. The company offers human leukocyte antigen testingproducts used in solid organ and hematopoietic stem cell transplantation, as well as provides pharmacogenomic and autoimmune disease testing and research and genetic marker tests.Lingkage Biosciences was founded in 2004 and is based in
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Gron Ventures
VC Fund · Newport Beach, California, United States · 2 investments in United States Cannabis startups

We are backing businesses and brands with potential to be market leaders for decades to come.

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Investment focus

  • Industry: Health Care, Cannabis, Sales
  • Stage:Series A, Series B, Convertible Note
  • Geography: United States

Investor stats

  • Total investments: 11
  • Lead/follow: no public data

Portfolio highlights

  • Gilgamesh Pharmaceuticals — We develop novel medicines that harness the therapeutic promise of psychedelics to revolutionize the treatment of mental illness
  • Lucid Green — Lucid Green aims to provide supply chain operational efficiency and brand marketing solutions to help cannabis brands, distributors and retailers reduce costs, increase transparency, and drive revenue.
  • Heading Health — Heading Health is a technology-enabled mental health platform improving access to high-quality and affordable care. Heading delivers personalized treatment solutions that leverage evidence-based therapeutics and technologies such as Spravato, transcranial magnetic stimulation, telepsychiatry, and intramuscular ketamine.
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AltaIR Capital
VC Fund · San Francisco, California, United States · 2 investments in United States Cannabis startups

We foster innovation and work together to find and grow breakthroughs all over the world

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Israel, Russian Federation

Investor stats

  • Total investments: 180
  • Lead/follow: no public data

Portfolio highlights

  • Substrata — Substrata | #1 AI Real-Time Sales Coach | Designed by data scientists, psychologists and linguists to help you book more meetings and close more deals
  • Sprouty — Sprouty is a mobile app for tracking infant development up to two years old. The app records height, weight, and body measurements over time. It tracks sleep, feeding, diaper changes, pumping, and the child’s mood. The app includes exercises for motor skills, speech, and physical activity.
  • Boost.Express — Get promoted by your trade show to the specific attendees
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Sugar Capital
VC Fund · San Francisco, California, United States · 2 investments in United States Cannabis startups

Sugar Capital invests in early stage companies across the commerce ecosystem.

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Investment focus

  • Industry: E-Commerce, Software, Internet
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 46
  • Round size: Seed $3M–$8M; Series A $8.9M–$20M; Series B $30M–$102M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Lucky Energy — LUCKY F*CK is a better-for-you energy drink company.
  • Motion — Motion is a visual analysis hub that helps marketers and creative teams identify what works to make high-performing creatives that convert.
  • Starface World
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Brand New Matter
VC Fund · Darien, Connecticut, United States · 2 investments in United States Cannabis startups

Brand New Matter is an early stage venture capital firm.

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Investment focus

  • Industry: Software, SaaS, Travel
  • Stage:Seed, Angel
  • Geography: United States

Investor stats

  • Total investments: 14
  • Round size: Seed $2.4M–$5M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Selfr — A no-code modern data stack for your cloud data warehouse
  • Qonsent — Qonsent is a consumer-first platform for dynamic consent. For the first time, consumers will have direct access and control of their personal data that brands collect and store about them.
  • Futurestay — Futurestay's award-winning platform empowers anyone, anywhere to build a successful short-term rental business.
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Subversive Capital
VC Fund · New York, New York, United States · 2 investments in United States Cannabis startups

Subversive Capital is dedicated to investing in radical companies whose core missions subvert the status quo and require sophisticated government and regulatory strategies for success.

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Investment focus

  • Industry: Cannabis, Health Care, Consumer Goods
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Sweden

Investor stats

  • Total investments: 30
  • Lead/follow: no public data

Portfolio highlights

  • AEXLAB — AEXLAB is a virtual reality technology studio creating meaningful technologies for gaming, training, simulation and more.
  • Betty — Betty is a mobile gaming entertainment company that develops the intersection of casual mobile gaming and real money online casinos.
  • Synchron — The endovascular brain computer interface.
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Plus Capital
VC Fund · Marina Del Rey, California, United States · 2 investments in United States Cannabis startups

PLUS Capital is a venture capital investment and advisory firm headquartered in Venice, California. We partner with high-profile artists, athletes and cultural leaders to invest in leading entrepreneurs and their teams at the intersection where profit meets purpose.

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Investment focus

  • Industry: Health Care, Software, E-Commerce
  • Stage:Series A, Series B, Seed
  • Geography: United States, Canada

Investor stats

  • Total investments: 44
  • Lead/follow: no public data

Portfolio highlights

  • Grüns — Grüns is a health and wellness company that offers nutrition supplements in the form of gummy snacks.
  • OneSkin — It's time to redefine how we think about skin health. Explore how we use aging & longevity science principles for products that'll leave your skin feeling healthier.
  • Sage — Sage is an app helps to improve care with better caregiver tools that ensures older adults receive individual care.
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TCA Venture Group
VC Fund · Newport Beach, California, United States · 2 investments in United States Cannabis startups

TCA Venture Group is the largest angel investor group in the United States, possessing more than 300 members in five networks in Los Angeles, Orange County, San Diego, Central Coast, and the Inland Empire. Its members provide funding and guidance to more early-stage, high-growth companies in Southern California than any other investment group.Members invest in companies in a wide range of industries, including the life sciences, biotech, IT, services, retail, Internet, financial, software, media, consumer products, and tech startups. TCA as a whole gives companies more than just capital; they also provide counsel, mentoring, and access to an extensive network of potential investors, customers, strategic partners, and management talent. Tech Coast Angels has been ranked by CB Insights to be among the Top 20 Angel Groups in the US; TCA was also ranked as #1 for Network Centrality, meaning we have more connections than anyone! If you are in the game-changing business, we are here to help.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Seed, Convertible Note
  • Geography: United States, Canada

Investor stats

  • Total investments: 227
  • Round size: Seed $690k–$4M; Convertible Note $50k–$4.5M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Ceresti Health — Ceresti Health provide the Best Possible Care for a Loved One Who Relies on You. Ceresti’s care coaching, education and support program makes it easier to navigate the challenges of being a family caregiver.
  • NovaSignal — NovaSignal is a medical technology company commercializing a robotic cerebral ultrasound system. Robotic System combines non-invasive ultrasound, robotics, and artificial intelligence to assess real-time cerebral blood flow.
  • Noria Water Technologies — Noria Water Technologies provides solutions for improving the operations of water-based processes. It optimizes industrial processes by shining a spotlight on critical industrial surfaces. The company was founded in 2013 and is headquartered in Los Angeles, California.
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Agritech Capital
VC Fund · Wilmington, North Carolina, United States · 2 investments in United States Cannabis startups

Agritech Capital is a strategy and investment firm specializing in innovation and technology in the agribusiness sector.

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Investment focus

  • Industry: Agriculture, B2B, AgTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Germany

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Labby — Discover Labby's advanced on-farm milk testing solutions with our cutting-edge milk analyzer. Get accurate milk data, including SCC and mastitis detection in dairy cattle, seamlessly integrated into your milking system for enhanced dairy test results.
  • Harvesto — ag.supply is the largest marketplace for farmers and contractors. A one stop shopping platform for everything you need on the farm. Original and aftermarket ag machinery parts and seed, crop protection chemicals and animal husbandry and other product groups. Go live with more than 3 Million SKU´s . Changing the supply chain and saving CO2.
  • Harpe Bio — Harpe Bioherbicide Solutions is a Raleigh-based company that provides sustainable weed-management solutions for organic and industrial agriculture. The company was founded in 2020 by Chad Brommer and is headquartered in Raleigh, North Carolina, United States.
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Salveo Capital
VC Fund · Chicago, Illinois, United States · 2 investments in United States Cannabis startups

Salveo Capital is a private investment fund that partners with leading entrepreneurs and management teams to build high-scaling successful companies within the legalized cannabis eco-system.Salveo is predominately focused on the ancillary sectors of the market, which include: software and data; financial payments and services; ag-tech and yieldimprovement technologies; biotech and pharma; and licensing and branding.

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Investment focus

  • Industry: Cannabis, Agriculture, Farming
  • Stage:Seed, Series A, Series B
  • Geography: United States

Investor stats

  • Total investments: 9
  • Round size: Seed $1.5M–$2M; Series A $22M–$24M; Series B $7.5M–$19M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Equilibria — Equilibria sells CBD gels, oils and creams specifically for women that are designed to help with anxiety, sleep and menstrual cramp relief.
  • Coda Signature — Premium cannabis-infused chocolates and vegan fruit gummies. Meticulously crafted with the finest ingredients for an elevated experience.
  • Front Range Biosciences — Front Range Biosciences brings modern agriculture to cannabis and hemp to improve reliability, efficiency, and safety for cultivators and consumers. They provide advanced agricultural science services to plant growers.
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Sinai Capital Partners
VC Fund · Los Angeles, California, United States · 2 investments in United States Cannabis startups

Sinai Capital is a venture capital firm based in New York City. The firm invests in software and internet founders at all stages globally.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, Mexico, India

Investor stats

  • Total investments: 96
  • Round size: Seed $1.1M–$7M; Series A $7M–$88M; Series B $25M–$130M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — raised $500M in 2021

Portfolio highlights

  • Galvanick — Secure industrial operations. Galvanick's industrial-first Extended Detection & Response (XDR) platform secures industrial systems and networks against cyber attacks.
  • Volition — Volition is the largest marketplace of industrial components, built just for hardware teams. We make it easy to find and purchase off-the-shelf parts.
  • Checkmate — Never miss a deal.
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Bullpen Capital
VC Fund · Menlo Park, California, United States · 2 investments in United States Cannabis startups

Bullpen is a venture capital fund that invests post-seed capital into early stage companies.

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Investment focus

  • Industry: Software, SaaS, Mobile
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Brazil

Investor stats

  • Total investments: 177
  • Round size: Seed $1.3M–$9.8M; Series A $4M–$22M; Series B $4M–$50M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — raised $145M in 2022

Portfolio highlights

  • Saucey — Get alcohol delivered to your door in 30-60 minutes. Beer, wine, liquor, and more from local stores.
  • Atrium — Atrium helps AE, SDR, and CS managers use data to improve team performance. Atrium continuously monitors dozens of key performance indicators for every AE, SDR, and CSM on your team, providing the insights and instrumentation to help managers see around corners and fix issues before they become problems.
  • Manufactured — Manufactured is a product sourcing platform that provides access for entrepreneurs to manufacturing companies to find the perfect product and help build and operate digital manufacturing supply chains.
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BrightStar Wisconsin Foundation
VC Fund · Milwaukee, Wisconsin, United States · 2 investments in United States Cannabis startups

BrightStar Wisconsin Foundation is a non-profit organization focused on funding for-profit early-stage companies. It works with works with government, educational institutions, other charitable organizations, angel groups, and venture funds to identify, invest or co-invest in, mentor, and promote fast growing early-stage companies to createtechnology-based jobs in Wisconsin.BrightStar Wisconsin Foundation was founded in 2013 and is based in Milwaukee, Wisconsin.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, Singapore

Investor stats

  • Total investments: 64
  • Round size: Seed $50k–$2.7M; Series A $250k–$5.5M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Optical X — Optical X is an online and offline retail platform that offers eyecare products including eyewear, contact lenses, and dry-eye products.
  • Midwest Games — Midwest Games is a video game publisher focused on creating opportunities for the abundant talent across the Midwest and other underrepresented regions.
  • CHILD Health Imprints — Child Health Imprints is engaged in the development and application of cutting edge informational and computational technologies including IoT, artificial intelligence and predictive analytics to the practice of medicine in neonatal intensive care units across the world with the objective of making early diagnosis of critical diseases and improvingoverall quality of healthcare which is being provided to neonates.
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Anslinger Capital
VC Fund · Seattle, Washington, United States · 2 investments in United States Cannabis startups

An emerging market fund, focused on the legal cannabis market, which as of 2015 was the fastest growing industry in the U.S.

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Investment focus

  • Industry: Cannabis, B2B, SaaS
  • Stage:Seed
  • Geography: United States

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2015

Portfolio highlights

  • Tradiv — Get full access to this domain. Easy, seamless transactions. Zero percent financing available.
  • Headset — Retail & market insights for cannabis retailers, product manufacturers, CPGs, processors, growers & all ancillary services.
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Harvard Business School Alumni Angels of Greater NY
VC Fund · New York, New York, United States · 2 investments in United States Cannabis startups

Harvard Business School Alumni Angels of Greater New York is the largest angel group in the Northeast in membership, with 300 angel investors and growing.

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Investment focus

  • Industry: Artificial Intelligence, Health Care, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom

Investor stats

  • Total investments: 39
  • Round size: Seed $570k–$3M; Pre-Seed $50k–$3M; Series A $2.1M–$11M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Smartlens — Smartlens, Inc. is a medical technology company making non-invasive soft contact lenses as a convenient and affordable way of diurnal IOP (eye pressure) measurement. Smartlens helps with screening, diagnosis, and treatment of Glaucoma - the leading cause of irreversible blindness.
  • Stratum Biosciences — Stratum Biosciences is a dermatology discovery company leveraging a proprietary AI platform and over 200,000 real tissue samples to accelerate development of novel active ingredients and formulations. A resident company of Johnson and Johnson’s NYC incubator, we are solving some of skin’s toughest challenges with a pipeline of high-value IPtargeting diverse needs from skin longevity to hyperpigmentation and eczema.
  • AiM Medical Robotics — We Think in Real Time.
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Evolution VC Partners
VC Fund · New York, New York, United States · 2 investments in United States Cannabis startups

Evolution VC Partners invest and partner with disruptive companies with a strong team, product, and market opportunity. They help entrepreneurs build great companies and consider themselves to be investment accelerators and will seek to be active creators of value for their portfolio companies.

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Investment focus

  • Industry: Software, Food and Beverage, SaaS
  • Stage:Series A, Seed
  • Geography: United States, Canada, India

Investor stats

  • Total investments: 180
  • Round size: Seed $500k–$14M; Series A $6M–$38M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Beyond — Beyond Meat is plant-based, vegan meat that's tasty & better for you and for our planet. Find us in the meat aisle or subscribe for Beyond Meat delivery.
  • New Wave Foods — Makers of delicious, plant-based shrimp. Our sustainable product is a 1:1 swap for real shrimp, with none of the harmful side effects of shrimp farming. Better for you, better for the planet.
  • HUNGRY — HUNGRY connects hundreds of local companies to top chefs & restaurants to provide amazing office food programs in a reliable and efficient way.
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WelCan Capital
VC Fund · Clark, New Jersey, United States · 2 investments in United States Cannabis startups

UCMI advances malaria eradication through genetic mosquito research, global partnerships, and ethical, science-driven innovation.

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Investment focus

  • Industry: Cannabis, Software, Biotechnology
  • Stage:Seed, Series B
  • Geography: United States, Mexico

Investor stats

  • Total investments: 7
  • Round size: Seed $1.7M–$6M; Series B $8.5M–$19M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Trym — Software built for commercial growers. Improve efficiency & consistency to optimize your grow for more ROI and less WTF.
  • C3 Industries — Building a premier, vertically-integrated cannabis company with a national presence, high-quality products, and strong brand recognition. Learn more.
  • Front Range Biosciences — Front Range Biosciences brings modern agriculture to cannabis and hemp to improve reliability, efficiency, and safety for cultivators and consumers. They provide advanced agricultural science services to plant growers.
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Montage Ventures
VC Fund · Menlo Park, California, United States · 2 investments in United States Cannabis startups

Montage Ventures is an early stage venture capital firm actively investing in financial services, e-Commerce, marketplaces and healthcare start-ups.

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Investment focus

  • Industry: Financial Services, Health Care, FinTech
  • Stage:Seed, Series A
  • Geography: United States, Italy, Brazil

Investor stats

  • Total investments: 117
  • Round size: Seed $615k–$11M; Series A $3M–$25M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Higharc — Higharc is the all-in-one web platform that simplifies, connects and improves each step of design, construction and sales for home building.
  • Paceline — Turn every workout into real rewards. Hit 150 minutes of elevated heart rate each week and unlock discounts up to 53% off from 75+ wellness and fitness brands. Free.
  • AnthologyAI — AnthologyAI is the breakthrough Artificial Intelligence Consumer Insights & Predictions Platform with billions of real-time data sourced directly and ethically from consumers. Access previously unavailable levels of intelligence about retail spending, geolocation, media consumption, travel, ride sharing and more — in realtime, at scale.
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FJ Labs
VC Fund · New York, New York, United States · 2 investments in United States Cannabis startups

FJ Labs is a stage-agnostic investment firm that focuses on marketplaces and consumer facing startups.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, Brazil, United Kingdom

Investor stats

  • Total investments: 898
  • Round size: Seed $1.4M–$10M; Series A $4.4M–$30M; Series B $12M–$65M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — raised $5.5M in 2016

Portfolio highlights

  • Fresha — Find the best salons and spa in your area with Fresha salon booking software. Book now!
  • Metaloop — Metaloop is a scrap trading company that helps businesses from the metal recycling industry to boost revenue without scaling.
  • POC Pharma — POC Pharma is a SaaS company helping the stakeholders in the Pharmacy Channel to digitally manage their go to market strategy.
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Winnebago Seed Fund
VC Fund · Neenah, Wisconsin, United States · 2 investments in United States Cannabis startups

The Winnebago Seed Fund is a newly-formed venture capital fund based in Neenah, Wisconsin with a focus on seed investments in startup companies primarily in the Fox Valley and secondarily through the state of Wisconsin. The Fund’s primary purpose is to generate investor return by partnering with talented entrepreneurs to rapidly grow theirbusinesses.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States

Investor stats

  • Total investments: 14
  • Round size: Seed $500k–$3.4M; Pre-Seed $500k–$600k; Series A $1.8M–$9M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $11M in 2017

Portfolio highlights

  • AirDeck — Easily create shareable presentations and documents with narrated voice or video.
  • RoddyMedical — SecureMove-TLC Confidence in Safety and Mobility | RoddyMedical | Wauwatosa
  • Sift Healthcare — Sift helps healthcare providers and revenue cycle managers prioritize RCM workflows & accelerate cash flow with analytics & optimizations around denials, payer behavior, patient payments and utilization trends.
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Landis Capital
VC Fund · New York, New York, United States · 2 investments in United States Cannabis startups

LANDIS CAPITAL PROVIDES SEED, EARLY, AND LATER STAGE VENTURE INVESTMENTS IN CONSUMER PRODUCTS, E-COMMERCE AND ENTERPRISE COMPANIES.

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Investment focus

  • Industry: Beauty, E-Commerce, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States

Investor stats

  • Total investments: 14
  • Round size: Seed $500k–$5M; Series A $2.3M–$8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Leaf Trade — Leaf Trade simplifies the entire wholesale cannabis process by providing a cannabis wholesale marketplace that makes ordering, fulfillment, and payments easier.
  • DIBS Beauty — DIBS is a new makeup brand reimagining your everyday beauty staples, making them easier, mood-boosting and worthy of desert island status.
  • Veracity — Veracity creates a personal skincare experience based on real data about your hormones and biofactors through our Skin + Health test.
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Act One Ventures
VC Fund · Los Angeles, California, United States · 2 investments in United States Cannabis startups

Act One Ventures is a community focused, early stage venture capital firm leading pre-seed and seed rounds in compliance, vertical SaaS, service-as-software, and fintech.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Mexico

Investor stats

  • Total investments: 75
  • Round size: Seed $1M–$8M; Pre-Seed $700k–$3.1M; Series A $5M–$15M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $73M in 2024

Portfolio highlights

  • Clovers — Master the art and science of interviewing with AI. See how Clovers uses AI to accelerate the modern hiring process by requesting a demo today.
  • Crediverso — Crediverso is a financial marketplace where people can find credit cards, credit checks, and international money transfers. The platform of the company provides access to financial information and financial products such as credit information, credit cards, loans, money transfer feature, credit scores, and more, thereby enabling the US Latinoaudience by bridging the cultural gap.
  • Dragonboat — Source of truth agentic platform with context and memory to orchestrate across SPM, PPM, and Product Management to accelerate outcome at scale.
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SeedInvest
VC Fund · New York, New York, United States · 2 investments in United States Cannabis startups

SeedInvest is a leading equity crowdfunding platform for growth-obsessed startups. Because everyone should be able to invest in the next big thing.

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Investment focus

  • Industry: Software, E-Commerce, Health Care
  • Stage:Seed, Series A, Equity Crowdfunding
  • Geography: United States, Israel, France

Investor stats

  • Total investments: 152
  • Round size: Seed $300k–$2.8M; Series A $71k–$24M; Equity Crowdfunding $495k–$8.7M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Qairn — Qairn provides review and validation of promotional materials. They also provide ANSM submission, constitution, validation of promotional documents, and other regulated content services.
  • His Lovers — His Lovers is an online dating platform. It offers the chance to meet new people and form romantic relationships.
  • Asian Hustle Network — Asian Hustle Network (AHN) is an online community of 150,000+ members that uniquely connects Asian entrepreneurs and creatives globally across different industries. The goal of AHN is to centralize community, content, information, resources, e-commerce, and mentorship into one single location.
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Cannabis VC funding in United States at a glance

Stats across 389 deals from 352 investors.

352
investors
in United States Cannabis startups
389
deals
in United States Cannabis startups
$4.1M
median round
in United States Cannabis startups
41%
lead investors
lead at least one round
31%
Seed
most common funding stage

Access all 352 VC funds in United States Cannabis startups.

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