# Distru

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/distru

- Industry: Software
- Headquarters: Oakland, US
- Website: www.distru.com
- Total disclosed funding: $8.2M
- Latest round: Series A (Nov 9, 2024)
- Investors on record: 4

## About

Distru Corp. is a US-based software company specializing in cannabis enterprise resource planning (ERP) systems, offering solutions that streamline operations, enhance compliance, and support efficient business management for cannabis enterprises.Distru Corp., founded in 2016 in Oakland, US, provides an ERP system for the cannabis industry. The company has successfully raised funding through 2 deals, with the most recent being a Series A round in November 2024, securing USD 5.229 mn from Global Founders Capital and Poseidon Investment Management Llc. Currently, the company is valued at USD 41.267 mn. The CEO of Distru is Blaine Hatab, while Azam Khan is noted as the Founder.Distru specializes in providing a comprehensive cannabis enterprise resource planning (ERP) system that streamlines operations from seed to sale. Their core offerings include inventory management, compliance tracking, sales management, and data analytics, which are essential for cannabis businesses to operate efficiently and remain compliant with varying regulatory requirements. The software integrates seamlessly with existing cultivation tracking systems and cannabis point-of-sale (POS) solutions, facilitating real-time data visibility throughout the supply chain. Distru’s platform is utilized by a diverse clientele, including processors, distributors, and self-distributed brands in key markets such as California, Michigan, and Massachusetts. Clients benefit from features such as seed-to-sale tracking and production line management, which are designed to optimize operations and drive revenue growth across multiple geographic locations.Distru generates revenue primarily through a subscription-based model, catering to cannabis businesses that require robust software solutions for managing their operations. Clients engage with Distru’s services in a B2B context, utilizing the platform for critical functions such as sales processing and inventory management. The firm has processed over USD 8 bn in sales, showcasing the scale of transactions facilitated through its software. While specific pricing plans are not disclosed, the company's offerings are tailored to meet the diverse needs of its customers, allowing for flexibility in integration and operational management. As a leader in the cannabis ERP sector, Distru’s services drive significant efficiencies, resulting in over 2,000 hours saved per operator within the year, highlighting the platform's effectiveness in enhancing productivity and compliance.In November 2024, Distru Corp. raised USD 5.23 mn in Series A funding from returning investors Global Founders Capital and Poseidon Investment Management Llc. The company will use the funding to accelerate product development and improve compliance, inventory, integration, and order management systems. Distru is planning to launch new products designed to enhance operational efficiency and compliance support. Additionally, the firm aims to expand its market presence beyond its current locations, targeting new geographic regions by mid-2025.

## Funding rounds

- Series A, Nov 9, 2024, $5.2M — Global Founders Capital, Poseidon Investment Management Llc
- Seed, Jun 3, 2019, $3M — Felicis Ventures, Global Founders Capital, Village Global

## Investors

- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Seed
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A
- Village Global (https://capitalatlas.ai/funds/village-global) — Seed
- Poseidon Investment Management Llc — Series A