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
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- Legal Name Dispense Software Inc.
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Products & Services of Dispense
Dispense offers a comprehensive portfolio of products and services, including AIQ Ecommerce, Dispensary Management, and Delivery Services.
Platform for managing online orders in cannabis dispensaries.
Tools for operations, integrations, and analytics in dispensaries.
Features for drive-through and order delivery management.
People of Dispense
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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.
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Seed-stage tech startups are invested in by NextView Ventures.
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Investment management services are provided in the cannabis sector.
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Achari Ventures is engaged in investment across niche industries.
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Investor details for Dispense
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Investments & Acquisitions by Dispense
Investment portfolio details for Dispense
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Financial Statements - Dispense
Detailed financials for Dispense
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Dispense Comparisons
Peer comparison for Dispense
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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.
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Provider of software suite solutions for cannabis stores
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Supply chain management system is provided for cannabis dispensaries.
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Automated cannabis vending machines are developed for dispensaries.
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Cloud-based cannabis delivery platform is offered for dispensaries and brands.
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AI-based inventory management software is offered for cannabis dispensaries.
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Detailed competitors of Dispense
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Latest news on Dispense
Complete news archive for Dispense
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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 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.