Baker
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As the legal cannabis industry grows in the U.S., competition for customers is heating up. Now, a startup called Baker Technologies has raised $3.5 million to become a “Salesforce for pot.” The company’s software helps marijuana dispensaries bring in new customers and inspire customer loyalty, without running afoul of ever-shifting regulations that govern precisely how… Read More
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The average seed round in the nascent cannabis industry in the U.S. hovers around $1 million, according to hemp and cannabis-focused investment research by Poseidon Asset Management. But Denver-based Baker Technologies Inc. has raised $1.6 million in seed funding for software that helps marijuana dispensaries win new customers, eliminate long lines in stores, and retain and reward their… Read More
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500 Startups today presented its 14th batch of companies at the Computer History Museum in Mountain View, California, with a spooky twist. Dave McClure said this batch was less international than previous batches, with only 39% of founders hailing from outside the United States. Of the 36 startups that went through the program, 25% had female founders. He made no mention of people of color.… Read More
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