# Dispense Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dispense-software

- Industry: Software
- Headquarters: Boston, US
- Website: www.dispenseapp.com
- Total disclosed funding: $2M
- Latest round: Seed (Sep 21, 2021)
- Investors on record: 4

## About

Based in Massachusetts, US, and founded in 2020 by Kyla Sirni (CEO) and Tim Officer (CTO), Dispense, Inc. operates as a developer of a digital dispensary management platform for cannabis dispensaries. In March 2024, Alpine IQ Inc. acquired Dispense, Inc. from NextView Ventures, Achari Ventures, Arrive, and Poseidon Asset Management.

Dispense provides an eCommerce platform that enables dispensaries to create and manage online ordering systems, integrate with various tools such as POS systems and loyalty programs, and optimize websites for search engines. The platform supports multiple order types including in-store pickups, curbside, delivery, and kiosk orders. The platform also features a chat function for automated customer support, a CRM system for managing customer relationships, and tools for staff management and analytics. Additionally, Dispense offers mobile applications for order and queue management and solutions for drive-thru operations.

Alpine IQ Inc. intends to use the March 2024 funds to grow the number of products it offers, enhance conversion rates, and develop more entertaining, gamified experiences for retailer-owned apps thanks to the acquisition.

## Funding rounds

- Seed, Sep 21, 2021, $2M — NextView Ventures, Poseidon Asset Management, Arrive, Achari Ventures

## Investors

- NextView Ventures (https://capitalatlas.ai/funds/nextview-ventures) — Seed
- Poseidon Asset Management (https://capitalatlas.ai/funds/poseidon-asset-management) — Seed
- Arrive (https://capitalatlas.ai/funds/arrive) — Seed
- Achari Ventures (https://capitalatlas.ai/funds/achari-ventures) — Seed