Dispense

Boston, United States Founded: 2020 • Age: 6 yrs Acquired By Alpine IQ
A digital platform for cannabis dispensary management is provided.
Annual revenue - Latest available
Total funding $2.0M 1 rounds
Employees 15 Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Dispense

Dispense is a company based in Boston (United States) founded in 2020 was acquired by Alpine IQ in March 2024. Dispense has raised $2 million across 1 funding round from investors including Alpine IQ, NextView Ventures and Poseidon Asset Management. The company has 15 employees as of December 31, 2022. Dispense offers products and services including AIQ Ecommerce, Dispensary Management, and Delivery Services. Dispense operates in a competitive market with competitors including Flowhub, Prelude, GreenSTOP, WebJoint and Growthsayer, among others.

  • Headquarter Boston, United States
  • Employees 15 as on 31 Dec, 2022
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Dispense Software Inc.
Operational Areas
Healthcare → Health Technology & Digital Health Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2 M (USD)

    in 1 rounds

  • Latest Funding Round
    $2 M (USD), Seed

    Sep 21, 2021

  • Investors
    Alpine IQ

    & 5 more

  • Employee Count
    15

    as on Dec 31, 2022

  • Acquired by
    Alpine IQ

    (Mar 05, 2024)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Dispense

Dispense offers a comprehensive portfolio of products and services, including AIQ Ecommerce, Dispensary Management, and Delivery Services.

Product name locked
Category locked
Primary

Platform for managing online orders in cannabis dispensaries.

Product name locked
Category locked
Locked

Tools for operations, integrations, and analytics in dispensaries.

Product name locked
Category locked
Locked

Features for drive-through and order delivery management.

People of Dispense

Headcount 10-50
Employee Profiles 2
Employee Profiles
People
Phillip Voydanoff
Fullstack Engineer
People
Ken Hamilton II
Chief Financial Officer

Unlock access to complete

Teams

Unlock access to complete

Funding Insights of Dispense

Dispense has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in September 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Dispense

Dispense has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Alpine IQ, NextView Ventures and Poseidon Asset Management.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Seed-stage tech startups are invested in by NextView Ventures.
Locked Locked Locked
Investment management services are provided in the cannabis sector.
Locked Locked Locked
Achari Ventures is engaged in investment across niche industries.
Locked Locked Locked
Premium access

Investor details for Dispense

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Dispense

Investments
Premium access

Investment portfolio details for Dispense

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Financial Statements - Dispense

Premium access

Detailed financials for Dispense

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Dispense Comparisons

Dispense Primary company
Description
A digital platform for cannabis dispensary management is pro...
Location
Boston, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
15
As of 2022
Premium access

Peer comparison for Dispense

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Dispense

Dispense operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Flowhub, Prelude, GreenSTOP, WebJoint and Growthsayer, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Provider of software suite solutions for cannabis stores
Locked Locked Locked
Supply chain management system is provided for cannabis dispensaries.
Locked Locked Locked
Automated cannabis vending machines are developed for dispensaries.
Locked Locked Locked
Cloud-based cannabis delivery platform is offered for dispensaries and brands.
Locked Locked Locked
AI-based inventory management software is offered for cannabis dispensaries.
Premium access

Detailed competitors of Dispense

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Dispense

Premium access

Complete news archive for Dispense

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Dispense

Dispense was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Dispense is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Dispense is a funded company, having raised a total of $2M across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at Dispense is 15.

Dispense was founded in 2020 in Boston, United States, where a software platform is offered for cannabis business management. Operations including sales teams, human resources, accounting, marketing, cultivation, manufacturing, distribution, retail, and overall activities are supported. The solution addresses key needs within the cannabis industry, enabling streamlined processes for dispensaries and related enterprises.

Dispense's top competitors include Flowhub, Prelude and WebJoint.

Dispense offers AIQ Ecommerce, Dispensary Management, and Delivery Services.

Dispense has 6 investors. Key investors include Alpine IQ, NextView Ventures, Poseidon Asset Management, Achari Ventures, and Roc Nation.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available