Petalfast
Latest round
- Series A
Last raised
- May 2021
Total raised
- $2.8M
Investors
- 4
About Petalfast
Petalfast Inc.Founded in 2020 in Irvine, US, Petalfast Inc. focuses on delivering integrated marketing services for the cannabis sector. The company was co-founded by Jason Vegotsky and Ryan Goldstein, both of whom bring significant industry experience.Petalfast specializes in comprehensive marketing, merchandising, and branding solutions tailored for the cannabis industry. The company provides a range of integrated services designed to enhance the visibility and sales of cannabis brands, including field and trade marketing, experiential retail marketing, and a robust sales planning platform. Their offerings include direct support for brands through promotional activities that are closely monitored alongside sales performance, ensuring optimal stock levels and product sell-through. Petalfast serves a diverse clientele within the cannabis sector, including retailers and brands operating in markets such as California and New York, among others.Petalfast generates revenue through a combination of B2B partnerships and service agreements with cannabis brands and retailers. The company's transactional structure includes direct marketing services, where clients may engage Petalfast for ongoing promotional campaigns that enhance brand presence and sales in retail environments. These engagements could involve contracted services that extend across various marketing functions, including in-store demonstrations and budtender training programs. While specific pricing plans for these services are not disclosed, the company structures its revenue through service fees associated with marketing activations and partnerships, aligning with the performance outcomes achieved for their clients.8 mn to expand its business reach in California. The company is focused on launching new marketing initiatives and enhancing its service offerings to better support cannabis brands. Specific details on upcoming products and services are forthcoming, as Petalfast seeks to solidify its presence in the rapidly growing cannabis market.
Who invested in Petalfast
4 investors across 1 round
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Funding rounds
Series A
May 19, 2021
Amount
$2.8M
Investors
Questions about Petalfast
Who invested in Petalfast?
Petalfast has 4 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Petalfast raised?
Petalfast has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Petalfast last raise money?
Petalfast's most recent round on record is a Series A, in May 2021.
What does Petalfast do?
Petalfast is a marketing/advertising company.
Where is Petalfast headquartered?
Petalfast is headquartered in Irvine, US.
Which VCs invest in companies like Petalfast?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back marketing/advertising companies at Petalfast's stage. Their profiles are linked below.
VCs backing marketing/advertising startups at Series A
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