Company Overview

Company name: Simplifya
Description: Developer of a cloud-based SaaS platform designed to help cannabis businesses become legally compliant. The company’s platform distills complex state and local regulations into a simple series of yes-or-no questions to facilitate self-audits, identify areas of noncompliance, hold employees accountable for remediation, and generate management and audit reports, enabling cannabis businesses to proactively manage compliance tasks across all facilities and license types
Year founded: 2016
Parent company:
Industry: Information Technology | Group: | Code:
Employees: 28
City: Denver
State: Colorado
Country: United States

Financial Highlights

Start up capital raised (USD Million): 6.00
Business status: Generating Revenue
Ownership: Privately Held (backing)
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Financing Status: The company closed on $1.5 million of a targeted $2.5 million of venture funding on April 24, 2020. Previously, the company raised $3 million of Series C venture funding in a deal led by Merida Capital Partners on December 20, 2018. Other undisclosed investors also participated in the round. The new round of funding will be used for continued growth and expansion, both nationally and internationally.
Number of active investors:
Profile last updated: 04-Jun-2020
Last known valuation:
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