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Nabis
Licensed cannabis wholesaling platform, supplying licensed dispensaries with the largest portfolio of cannabis brands in the world
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.
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
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCEquity / VC | May 2022 | $4M | $16M | Undisclosed | — |
| DEBT✓Debt | Dec 2021 | $5M | — | Undisclosed | ↗ |
Growth signals
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.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed8 investors entered at this stage
Y Combinator
Stanley Tang
Clark Valberg
Soma Capital
Liquid 2 Ventures
Keisuke Honda
Paul Buchheit
Babel Ventures
Series A4 investors entered at this stage
Justin Kan
FJ Labs
Silverleaf Venture Partners
Artemis Growth Partners
Other known investors9 additional known investors
- ADAdam Dawkins
Angel Collective Opportunity Fund- BCBBQ Capital
Chris Lu- DVDelta Emerald Ventures
Emles Venture Partners
Kingsley Advani
Outbound Ventures
Paul Yacoubian.
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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