Distru, an Oakland, CA-based cannabis industry’s ERP platform provider, raised $6M in Series A funding.
Backers included Global Founders Capital.
The company intends to use the funds to accelerate growth and product development. While already profitably growing, the capital will help drive their expansion into 11 additional states, including New York with their Biotrack integration.
Led by CEO Blaine Hatab, Distru is a provider of a seed-to-sale ERP platform for the cannabis industry, offering comprehensive solutions for managing inventory, orders, and customer relations. Used by hundreds of licensees across the United States, it provides Metrc integration and customer support, empowering cannabis operators manage their businesses.
Previusly, the company raised a funding round led by Felicis with contributions from Elad Gil and Avichal Garg.
FinSMEs
20/11/2024