Nabione
Latest round
- Series B
Last raised
- Jun 2021
Total raised
- $35M
Investors
- 9
About Nabione
Founded in 2017, Nabione, Inc. specializes in cannabis wholesaling and has conducted 4 deals, with their latest deal occurring on June 16, 2021. The company is headquartered in Oakland, US. The founders, Jun Lee and Vincent Ning, have prior entrepreneurial experience.Nabione operates a licensed cannabis wholesaling platform, offering services tailored for dispensaries. Their software-enabled portal enhances the cannabis distribution lifecycle from production to delivery, enabling partners to efficiently manage inventory and finances. The company provides access to over 9,000 SKUs from over 300 independent cannabis brands, ensuring variety for retailers. Logistics support includes 2-day shipping and no minimum order requirements, along with financial solutions such as automated invoice factoring and payment processing.Nabione generates revenue through a B2B model by partnering with licensed dispensaries and wholesalers. Their transaction structure is based on sales from extensive product offerings, including Nabis Analytics and logistical solutions like Nabis BillPay. Retailers benefit from simplified procurement processes and real-time visibility into sales metrics, with pricing based on service utilization, allowing efficient invoice management without sharing detailed account information. They aim to introduce new products designed for improving distribution efficiencies and plan to expand operations specifically within California, New York, and Nevada over the next several years.
Who invested in Nabione
9 investors across 4 rounds
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Questions about Nabione
Who invested in Nabione?
Nabione has 9 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Nabione raised?
Nabione has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Nabione last raise money?
Nabione's most recent round on record is a Series B, in Jun 2021.
What does Nabione do?
Nabione is a software company.
Where is Nabione headquartered?
Nabione is headquartered in Oakland, US.
Which VCs invest in companies like Nabione?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Nabione's stage. Their profiles are linked below.
VCs backing software startups at Series B
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