# Treez

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

- Industry: Software
- Headquarters: Oakland, US
- Website: www.treez.io
- Total disclosed funding: $63M
- Latest round: Series C (Apr 20, 2022)
- Investors on record: 7

## About

Treez Inc. is an enterprise technology platform catering to the cannabis retail sector, providing innovative solutions to enhance operational efficiency for dispensaries, including point of sale systems and retail analytics.Founded in 2016 in Oakland, US, Treez Inc. specializes in technology for the cannabis retail market. The company has undergone strategic pivots to focus on expanding its service offerings. Shareef El-Sissi is the founder, with John Yang currently serving as CEO. Treez has successfully raised a total of USD 51.00 mn in Series C funding on April 20, 2022, from investors including Long Ridge Equity Partners, Synchrony Financial, and Kayne Anderson Capital Advisors, which supports its growth initiatives. The company has completed 4 deals to date and maintains a current valuation of USD 296.605 mn.Treez is a leading enterprise technology platform tailored for the cannabis retail sector, offering a comprehensive suite of products and services, including a point of sale (POS) system, retail analytics, cashless payment solutions, and eCommerce integrations. These products aid dispensaries in managing transaction processing, compliance, and customer engagement, servicing over 5 million unique customers and collaborating with more than 600 industry brands across the United States.Treez generates revenue primarily through a subscription model where dispensaries pay for POS and related services to manage their operations. The company processes retail sales through its POS, utilizing cashless payment solutions, and offers retail analytics insights that help enhance sales and customer retention. Treez captures a portion of the transaction volume processed through its services, aligning its revenue growth with client performance.Following its recent Series C funding of USD 51 mn in April 2022, Treez Inc. plans to leverage this capital to accelerate sales growth and product innovation. This includes the development of new payment solutions and advanced analytics tools. The company is also targeting expansion into additional geographic markets to broaden its business reach, although specific regions have not been disclosed. The funding will facilitate these initiatives, enhancing Treez's ability to meet the evolving needs of its clients.

## Funding rounds

- Series C, Apr 20, 2022, $51M — Long Ridge, Kayne Anderson Capital Advisors, Synchrony Financial, LLC
- Series B, Nov 11, 2020 — WGD Capital
- Series A, Aug 31, 2018, $12M — AFI Partners, Achari Ventures, Intrinsic Capital Partners

## Investors

- AFI Partners (https://capitalatlas.ai/funds/afi-partners) — Series A
- Achari Ventures (https://capitalatlas.ai/funds/achari-ventures) — Series A
- Intrinsic Capital Partners (https://capitalatlas.ai/funds/intrinsic-capital-partners) — Series A
- WGD Capital (https://capitalatlas.ai/funds/wgd-capital) — Series B
- Long Ridge (https://capitalatlas.ai/funds/long-ridge) — Series C
- Kayne Anderson Capital Advisors (https://capitalatlas.ai/funds/kayne-anderson-capital-advisors) — Series C
- Synchrony Financial, LLC — Series C