Hoodie Analytics raised $5M in a Series A funding round led by Measure 8 Partners to expand its cannabis market insights platform.

Jun 27, 2024•over 1 year ago

Amount Raised

$5 Million

Round Type

series a

ChicagoCannabisAgriculture and Farming

Investors

Tech NexusArcview Collective FundArcview Ventures Seed FundOlson UbbenGreenlight InvestorsSatori InvestorsEntourage Effect Capital (Eec)Measure 8 Partners

Description

Cannabis technology and market insights provider Hoodie Analytics has successfully closed a $5 million Series A funding round. The funding will be instrumental in expanding its newly launched platform, which delivers comprehensive market insights and product data management specifically tailored for the cannabis industry. The round also had participation from Entourage Effect Capital (EEC) and Satori Investors, with an additional $1 million earmarked for a follow-on raise.

Company Information

Company

Hoodie Analytics

Location

Chicago, Illinois, United States

About

Hoodie Analytics was founded on the belief that cannabis businesses need deeper, operational insights to better compete. Our team has decades of experience in e-commerce intelligence & market measurement in markets like Consumer Packaged Good (CPG). With Hoodie Analytics, you get an indispensable partner tracking the movements of the market. You get access to the best people, processes, and data which deliver the critical factor towards building a winning brand. You can focus on running your business. We’ll deliver the insights needed to outgrow the pack.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns