Headset Completes $8.6M Of Financing, Further Cementing Position As The Market Analytics Leader In Cannabis
Amount Raised
$8.6 Million
Round Type
Funding Round
SeattleOtherInformation TechnologySoftwareData And AnalyticsCommunity And LifestyleHealth CareDescription
Headset, the leading provider of data and analytics to the cannabis industry, announced today that it has raised $3M of new capital led by Althea, a private equity investment firm. Other participating investors are Poseidon Investment Management, a leading investor in the legal cannabis and hemp industries and WGD Capital, L.P., a cannabis focused venture fund. As part of this financing, Headset also converted $5.6M of bridge notes previously issued in August 2020 and April 2021. Headset's unmatched scale of retail data is leveraged by thousands of organizations to make smarter decisions when it comes to the cannabis industry and this round of capital will enable them to expand that reach.
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