Hoodie Analytics raised $5M in a Series A funding round led by Measure 8 Partners to expand its cannabis market insights platform.
Hoodie Analytics raised $5M in a Series A funding round led by Measure 8 Partners to expand its cannabis market insights platform.
06/27/24, 12:16 PM
Location
chicagoMoney raised
$5 million
Industry
cannabis
agriculture and farming
Round Type
series a
Investors
Tech Nexus, Arcview Collective Fund, Arcview Ventures Seed Fund, Olson Ubben, Greenlight Investors, Satori Investors, Entourage Effect Capital (Eec), Measure 8 Partners
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 Info
Location
chicago, illinois, united states
Additional Info
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.