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Nabis

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Licensed cannabis wholesaling platform, supplying licensed dispensaries with the largest portfolio of cannabis brands in the world

San Francisco, United StatesFounded 2017Marketing
Valuation $50–100M Last recorded · 2021
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Nabis and the history behind them.

About Nabis

Nabis is a prominent distributor of cannabis products, catering to hundreds of licensed businesses throughout California. The company stands out by offering a rapid distribution network and a user-friendly software platform that enables wholesale orders to be shipped within 48 hours. This efficiency is crucial in an industry often bogged down by complex regulations and logistical challenges.

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Nabis primarily serves cannabis retailers and producers who need a reliable and swift distribution partner. By streamlining the supply chain, Nabis helps these businesses maintain steady inventory levels and meet consumer demand more effectively. The company operates in the burgeoning cannabis market, which has seen significant growth and increasing legalization across various states in the U.S.

The business model of Nabis revolves around providing comprehensive distribution services. This includes not only the physical transportation of goods but also the use of their proprietary software to manage orders, track shipments, and ensure compliance with state regulations. Nabis makes money by charging fees for these distribution services, which are justified by the value they add in terms of speed, reliability, and regulatory compliance.

Nabis has garnered significant recognition in the industry, being named among Y Combinator's Top Companies in 2021 and featuring in Forbes' 30 Under 30 list for Enterprise Technology. The company has also raised substantial funding, including a $5 million investment aimed at further enhancing its capabilities and expanding its market reach.

In summary, Nabis is a key player in the California cannabis market, providing essential distribution services that help licensed businesses operate more efficiently. Their combination of fast logistics and advanced software solutions positions them as a leader in this rapidly evolving industry.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
San Francisco, United States
Employees
215
Open positions
32
Dealroom signal
83.2/100
Industry
Marketing, Enterprise Software
Sub-industry
Ecommerce Solutions
Sector
Marketing, Wholesale, Supply Chain Management, Cannabis, Platform, YC W19
Business model
SaaS
Client focus
b2b
Investment activity
1 company, latest Feb 2024
Capital deployed
—
Preferred round
ACQUISITION

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCEquity / VC May 2022 $4M $16M Undisclosed —
DEBT✓Debt Dec 2021 $5M — Undisclosed ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Nabis website traffic

Latest recorded traffic for Nabis is 82K monthly website visits, down 18% over the last three months. Nabis's team grew 3.9% over the past year.

Latest monthly visits82K 3-month web change-18% 1-year team growth+3.9%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
LeafLinkAs the industry standard wholesale management platform for the cannabis industry, LeafLink connects cannabis brands & retailers New York City, United States Operational 116 $229M $400M
NChannelA cloud-based integration and operations platform for multichannel sellers to share sales data across financial, POS, and eCommerce systems Columbus, United States Operational
LinkGreenTechnology solution that connects industry supply chains to make wholesale buying and selling fast and easy Barrie, Canada Operational
ChannelPoint (AU) PtyA global B2B platform for channel sales businesses Sydney, Australia Operational
Tradebyte SoftwareEnables the seamless interconnection of manufacturers, traders and retailers in the digital supply chain Ansbach, Germany Acquired
Mycroft AssistantExpert-class automatic purchasing and procurement platform. Business intelligence and business analytic system Boston, United States Operational
TradeGeckoPowerful inventory management software for eCommerce and wholesale with Shopify, Xero, QuickBooks, Amazon, a B2B ordering platform, payments and mobile to take complete control of your business Singapore, Singapore Acquired
The PAS GroupThe PAS Group is one of Australia’s leading apparel groups with an established business model and over 23 brands integrated into the group Melbourne, Australia Operational
Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

21 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed8 investors entered at this stage

Series A4 investors entered at this stage

Other known investors9 additional known investors

  • Adam Dawkins
  • Angel Collective Opportunity Fund
  • BBQ Capital
  • Chris Lu
  • Delta Emerald Ventures
  • Emles Venture Partners
  • Kingsley Advani
  • Outbound Ventures
  • Paul Yacoubian.
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
7 countries with
team presence
🇺🇸 United States80.3%
🇲🇽 Mexico8.3%
🇮🇳 India5.3%
🇵🇭 Philippines3.8%
🇦🇪 United Arab Emirates0.8%
Top 5 of 7 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Nabis on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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