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Flowhub

Flowhub

Software solutions for cannabis retail operations

About

Flowhub offers software solutions tailored for the cannabis retail industry, primarily through its point-of-sale (POS) system. This system helps dispensaries manage inventory, sales, and compliance with features like customer ID scanning for age verification. Flowhub operates on a subscription model, providing a steady revenue stream while allowing dispensaries to scale their use of the software. The company's goal is to enhance operational efficiency and profitability for cannabis retailers in a rapidly growing market.

Company Stage

Series A

Employees

51-200

Industries

Consumer Software, Enterprise Software

Total Funding

$45.8M

Headquarters

N/A

Founded

2015


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Simplify's Take

What believers are saying

  • Flowhub's recent $19M funding round, including investment from high-profile individuals like Jay-Z, indicates strong financial backing and growth potential.
  • The introduction of a mobile app for inventory management enhances operational efficiency and accessibility for dispensaries.
  • Partnerships with companies like Alpine IQ and Aeropay expand Flowhub's ecosystem, offering clients integrated solutions for loyalty programs and digital payments.

What critics are saying

  • The cannabis industry remains federally illegal in the U.S., posing significant regulatory and operational risks for Flowhub.
  • The competitive landscape in cannabis retail technology is intensifying, requiring continuous innovation to maintain market leadership.

What makes Flowhub unique

  • Flowhub's integration with BioTrack ensures seamless regulatory compliance, a critical advantage in the highly regulated cannabis industry.
  • The launch of Flowhub Maui, with its advanced 2-way loyalty integration, sets it apart by offering unparalleled flexibility and control in customer loyalty programs.
  • Flowhub's focus on the cannabis retail market allows it to tailor its POS system specifically to the unique needs of dispensaries, unlike more generalized POS solutions.

Growth & Insights
Headcount

6 month growth

14%

1 year growth

42%

2 year growth

-1%

Benefits

Work anywhere

Competitive salary and stock options

Full health benefits

401(k) retirement plans

Flexible hours and time off

Training and mentorship

Career growth opportunities

Fun, cannabis-loving team

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