Jane Technologies

Jane Technologies

E-commerce platform for cannabis retailers

About Jane Technologies

Simplify's Rating
Why Jane Technologies is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Consumer Software

Consumer Goods

Company Size

51-200

Company Stage

Series C

Total Funding

$123.5M

Headquarters

Santa Cruz, California

Founded

2015

Overview

Jane Technologies operates an e-commerce platform specifically designed for the cannabis industry, connecting over 2,500 dispensaries and brands. The platform allows retailers to create and manage their online menus, access important business data, and streamline their operations. Jane Technologies offers advanced features such as verified product reviews and brand-sponsored advertising, enhancing the shopping experience for consumers. Retailers can also use Jane Roots, a customizable eCommerce solution that leverages Jane's APIs to create tailored menu experiences. For consumers, iheartjane.com provides a secure way to shop for local cannabis products in real-time, enabling them to compare prices and place orders at nearby dispensaries.

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Simplify's Take

What believers are saying

  • Partnership with Square expands Jane's reach into the Canadian cannabis market.
  • $100M Series C funding boosts Jane's growth and technological advancements.
  • Integration with AI tools can enhance personalized shopping experiences on Jane's platform.

What critics are saying

  • Increased competition from new cannabis e-commerce platforms may dilute market share.
  • Reliance on ACH transfers limits innovation in payment solutions for Jane Technologies.
  • Square partnership could pose risks if Square develops its own cannabis e-commerce solutions.

What makes Jane Technologies unique

  • Jane Technologies offers a unique rewards program, Jane Gold, for cannabis consumers.
  • The platform provides real-time shopping and verified reviews for over 2,500 dispensaries.
  • Jane's headless eCommerce solution, Jane Roots, allows for fully-customized menu experiences.

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Funding

Total Funding

$123.5M

Above

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$100M
Jane Technologies

Benefits

Remote friendly

Health, dental, & vision

401k

Unlimited PTO

Home office stipend

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

4%
PR Newswire
Mar 26th, 2024
Jane Technologies Launches First-Of-Its-Kind Rewards Program For The Cannabis Industry

Jane Gold connects consumers, brands, and dispensaries for exclusive rewards and cash-back opportunitiesSANTA CRUZ, Calif., March 26, 2024 /PRNewswire/ -- Jane Technologies, Inc. ("Jane"), the cannabis industry's leading e-commerce provider, today announced Jane Gold , a first-of-its-kind consumer rewards program built to benefit the entire industry ecosystem. This patented technology allows cannabis brands that cannot ship direct-to-consumer the ability to provide exclusive cash-back rewards to consumers across Jane's dispensary partner network.Jane Gold rewards consumers with brand-sponsored cash back.Jane Gold makes getting cash back on cannabis purchases simple and personalized. By joining for free, consumers qualify to earn exclusive cash back from their favorite brands, discovering new and beloved products with a customized experience. Jane Gold enables consumers to quickly and securely link their bank accounts to receive cash-back rebates directly from the brands, without having to burden the dispensary. It is worth noting that due to current regulations, these bank-to-bank (or ACH) transfers are the only legal way to complete cashless cannabis transactions in the industry today.Brands that participated in the beta launch of the Jane Gold program saw an average increase of 7% in overall sales, with 60% of those sales coming from first-time shoppers

Finance Magnates
Sep 21st, 2023
Square Partners with Jane Technologies to Enter Canadian Cannabis Market

Square partners with Jane Technologies to enter Canadian cannabis market.

PYMNTS
Sep 20th, 2023
Square And Jane Launch Commerce Solution For Canadian Cannabis Retailers

Square has partnered with Jane Technologies, an online ordering platform service for cannabis dispensaries, to enter the cannabis market in Canada. This collaboration seeks to cater to the needs of cannabis retailers in Canada by providing them with a comprehensive and efficient commerce solution, the companies said in a Wednesday (Sept. 20) press release emailed to PYMNTS. One of the benefits of this partnership is that cannabis dispensaries using Square will now be able to supplement their brick-and-mortar businesses with an online store, according to the release. Customers will have the convenience of selecting items from an up-to-date menu and placing orders for pick-up or delivery

Business Wire
Sep 20th, 2023
Square Enters the Cannabis Market in Canada by Partnering with Jane Technologies for eCommerce

"Square's reputation as a leading global commerce platform speaks for itself and, given our shared ethos of empowering brick-and-mortar retailers with best-in-class digital tools, the partnership with Jane developed naturally" Tweet this

Reuters
Sep 20th, 2023
Block Inc's Square enters Canadian pot market with Jane Technologies as partner

Sept 20 (Reuters) - Square, a unit of fintech company Block Inc (SQ.N) , said on Wednesday it would enter the Canadian cannabis market through a partnership with e-commerce platform Jane Technologies.

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