# Floret Ventures

> Floret Ventures is a VC fund in San Francisco backing Cannabis and Compliance. See 4 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: San Francisco, United States
- Total investments: 4
- Last investment: Jul 2021
- Lead investor: 25%
- Last fund: Jul 2018
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/floretventures/
- Website: http://floretventures.com/

Floret Ventures is a venture capital firm that invests in emerging technology companies. It has invested in over 20 companies through a combination of corporate and angel investments in areas such as robotics, media, and enterprise software. Floret Ventures has founded multiple companies and participated in exits worth over $10B in industries.The firm was founded in 2017 and is headquartered in San Francisco, California.

## Contacts

5 contacts available for Floret Ventures. Shizune tracks 2 team members at Floret Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/floret-ventures?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Series B | $10M–$31M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Cannabis | 3 | 75% |
| Compliance | 2 | 50% |
| SaaS | 1 | 25% |
| Mobile | 1 | 25% |
| Flowers | 1 | 25% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 2 | 50% |
| Seed | 1 | 25% |
| Pre-Seed | 1 | 25% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Lily Teng | Managing Partner | 0 | https://shizune.co/investors/profile/lily-teng |
| Stella Kleiman | Founder & Managing Partner | 0 | https://shizune.co/investors/profile/stella-kleiman |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Nabis | Nabis is the #1 wholesale platform powering over $1B annually in licensed cannabis commerce across the U.S. Founded in 2018 by serial tech entrepreneurs and backed by Y Combinator, Nabis enables thousands of nationwide brand and retailer partners to innovate, launch, and scale strategically. Its integrated wholesale solution includes best-in-classonline marketplace, state-of-the-art multi-channel fulfillment, payment processing, flexible financing, data analytics, and sales and marketing services. Nabis delivers the predictability cannabis operators need to grow. Nabis has been recognized on Inc. 5000’s list of Fastest Growing Private Companies in America, Fast Company’s 50 Most Innovative Companies in America, and Deloitte’s Technology Fast 500. Learn more at nabis.com. | $30.5M | Series B | Jul 01, 2021 |  |
| Canix | Canix (YC S'19) has built the next generation of ERP software for cannabis companies. We provide tools to optimize day to day operations, stay compliant with state regulations, and make revenue-based business decisions. Leveraging cutting-edge tech and hardware, along with our rich dataset of pricing, yield, and inventory information, we arecreating the technical foundations of the cannabis industry. Find out more at canix.com | $2.5M | Seed | Feb 01, 2020 |  |
| Canix | Canix (YC S'19) has built the next generation of ERP software for cannabis companies. We provide tools to optimize day to day operations, stay compliant with state regulations, and make revenue-based business decisions. Leveraging cutting-edge tech and hardware, along with our rich dataset of pricing, yield, and inventory information, we arecreating the technical foundations of the cannabis industry. Find out more at canix.com | $1.5M | Pre-Seed | Aug 22, 2019 |  |
| Canndescent | Canndescent is a state compliant cultivator of premium cannabis. Canndescent's services include a combination of quality management and deep cultivation expertise and abandons traditional strain names, allowing customers to get cannabis flower produced, packaged, and distributed in accordance with all state and local laws. | $10M | Series B | Jan 25, 2018 |  |

4 of 4 investments shown.

## Co-investors
- [Y Combinator](https://shizune.co/investors/profile/y-combinator) — VC Fund, 2 deals together
- [Achari Ventures](https://shizune.co/investors/profile/achari-ventures) — VC Fund, 1 deal together
- [AltaIR Capital](https://shizune.co/investors/profile/altair) — VC Fund, 1 deal together
- [Altitude Partners](https://shizune.co/investors/profile/altitude-partners) — VC Fund, 1 deal together
- [Artemis Growth Partners](https://shizune.co/investors/profile/artemis-growth-partners) — VC Fund, 1 deal together
- [Babel Ventures](https://shizune.co/investors/profile/babel-ventures) — VC Fund, 1 deal together

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## Featured in investor lists
- [Cannabis Investors](https://shizune.co/investors/cannabis-investors)
- [Cannabis VC Funds](https://shizune.co/investors/cannabis-vc-funds)
- [Cannabis VC Funds in United States](https://shizune.co/investors/cannabis-vc-funds-united-states)
- [Cannabis Investors in United States](https://shizune.co/investors/cannabis-investors-united-states)

## FAQ

### What does Floret Ventures invest in?

Floret Ventures invests primarily in Cannabis, Compliance and SaaS startups, most often at Series B and Seed stage. Most of the 4 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Floret Ventures's check size?

Floret Ventures typically joins rounds of $10M–$31M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Floret Ventures participates in.

### How do I contact Floret Ventures?

Public channels for Floret Ventures include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Floret Ventures?

The team at Floret Ventures includes Lily Teng (Managing Partner) and Stella Kleiman (Founder & Managing Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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