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About Distru
Industries
Enterprise Software
Company Size
51-200
Company Stage
Series A
Total Funding
$9M
Headquarters
Oakland, California
Founded
2016
Overview
Distru provides software solutions tailored for the cannabis industry, focusing on the needs of manufacturers and distributors. Their platform includes features for inventory management, order management, and customer relationship management (CRM), all designed to be accessible on mobile devices and tablets. A key aspect of Distru's software is its integration with Metrc, a system that helps businesses track their products and comply with legal regulations. This allows clients to manage their operations efficiently from seed to sale. Distru operates on a subscription-based model, charging software-as-a-service (SaaS) fees. The company's goal is to improve operational efficiency and ensure compliance for cannabis businesses by offering real-time business reports and comprehensive supply chain management.
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Simplify's Take
What believers are saying
- Recent $6M funding will accelerate product development and state expansion.
- Integration with BLAZE reduced Haven's intake processing time by 50%.
- Partnership with FundCanna offers clients quick access to capital and technology.
What critics are saying
- Increased competition from new cannabis ERP platforms may dilute market share.
- Frequent regulatory changes could raise operational costs for compliance updates.
- Rapid tech advancements require continuous innovation, straining Distru's resources.
What makes Distru unique
- Distru offers a comprehensive ERP platform tailored for the cannabis industry.
- The platform integrates with Metrc for compliance, enhancing legal adherence for clients.
- Distru's mobile-friendly design ensures accessibility across various devices and browsers.
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Funding
Total Funding
$9M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Remote Work Options
Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Performance Bonus
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↓ -3%2 year growth
↓ -6%Distru, developer of an inventory management platform designed to focus on solving supply chain problems for the cannabis industry, raised $6 million through a combination of debt, Series A-1 and Series A-2 venture funding from Global Founders Capital and Poseidon Asset Management.
Poseidon Investment Management announced a $6 million Series A funding round for Distru, a leading cannabis ERP platform. Supported by Global Founders Capital, this funding will help Distru expand its product suite and enhance compliance, inventory, integration, and order management capabilities. Distru, serving cannabis operators in 25 states and processing over $2 billion in GMV annually, aims to consolidate cannabis operations under one platform.
Distru, an Oakland-based cannabis ERP platform provider, raised $6M in Series A funding from Global Founders Capital. The funds will be used to accelerate growth, product development, and expansion into 11 additional states, including New York. Previously, Distru received funding from Felicis, Elad Gil, and Avichal Garg.
Distru, a US-based enterprise resource planning platform for the cannabis industry, has raised $6 million in Series A funding.
Distru, an Oakland, CA-based cannabis industry's ERP platform provider, raised $6M in Series A funding
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About Distru
Industries
Enterprise Software
Company Size
51-200
Company Stage
Series A
Total Funding
$9M
Headquarters
Oakland, California
Founded
2016
There are no jobs for Distru right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Distru