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. 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
- SectorsHealthcare
- Website category Food and Drink · Restaurants and Delivery
- Website dispenseapp.com
- Social LinkedIn
- Acquired by Alpine IQ (Mar 2024)
- Legal Name Dispense Software Inc.
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.
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.
- Total Funding $2M
- Total Rounds 1
- Last Round Seed — $2M
- First Round $2M
(Sep 2021)
- Investors Count 5
All 1 funding rounds of Dispense with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $2M | Seed | – | NextView Ventures |
6 investors in total: 5 institutional and 1 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage tech startups are invested in by NextView Ventures. | – | nextview.vc | Boston, United States | |
Investment management services are provided in the cannabis sector. | 2014 | poseidonassetmanagement.com | - | |
Achari Ventures is engaged in investment across niche industries. | – | acharivc.com | - | |
Roc Nation is engaged in music and sports management. | – | arrive.co | New York, USA | |
WC Wayne Chang | Angel investor and serial entrepreneur, known for tech investments in India. | – | unknown_d8b352ab694747faa | - |
Cloud-based IT operations analytics software is provided for management. | 2019 | alpineiq.com | Broomfield, United States |
Investor details for Dispense
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People of Dispense
2 people are tracked at Dispense (1 in leadership, 1 in team); the tracked headcount is 15.
| Name | Role | Group |
|---|---|---|
Ken Hamilton II | Chief Financial Officer | Leadership |
Phillip Voydanoff | Fullstack Engineer | Team |
Complete people profiles for Dispense
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Timeline of Dispense
3 dated milestones of Dispense across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Dispense is founded.
- Funding First funding round of $2.0M.
- Exit Acquired by Alpine IQ.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| flowhub.com | 2015 | Denver, United States | $52.85M | 54 | Provider of software suite solutions for cannabis stores | |
| prelude.pro | 2021 | New York, United States | $10.51M | – | Supply chain management system is provided for cannabis dispensaries. | |
| greenstop.us | 2014 | Los Angeles, United States | $2.5M | – | Automated cannabis vending machines are developed for dispensaries. | |
| webjoint.com | 2014 | Los Angeles, United States | $1.5M | 8 | Cloud-based cannabis delivery platform is offered for dispensaries and brands. | |
| growthsayer.com | 2019 | San Diego, United States | $3.01M | – | AI-based inventory management software is offered for cannabis dispensaries. | |
| levelblox.com | 2008 | Sarasota, United States | – | – | Offers about us pages, investor info, news, events, and blog content. | |
| getsalve.co | 2021 | Miami, United States | $500,000 | – | Unified platform for cannabis operations, compliance, and data is provided. |
Detailed competitors of Dispense
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- Full competitor set
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Web traffic of Dispense
The website of Dispense (dispenseapp.com) receives about 313.9K visits a month and ranks #125,367 among all websites worldwide, #3,900 in Restaurants and Delivery.
- Monthly visits313.9K
▲ 6.2% vs previous month
- Unique visitors83.9K
per month
- Global rank#125,367
among all websites
- Category rank#3,900
Food and Drink · Restaurants and Delivery
- Bounce rate37%
- Pages per visit5.1
- Average visit3 min 46 sec
- DevicesDesktop 10% · Mobile 90%
Websites whose visitors overlap most with Dispense. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| skymint.com | 100% | 86.3K | #290,881 | View details | |
| treez.io | 96% | 462.2K | #92,270 | View details | |
| offthechartsshop.com | 90% | – | #310,472 | View details | |
letsascend.com | letsascend.com | 87% | – | #55,159 | – |
| shopurbcannabis.com | 84% | – | #209,950 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 12 similar websites and full traffic analytics for Dispense
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- 12 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Dispense
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.
Similar companies to Dispense
10 companies that operate in the same segment as Dispense (Cannabis Health Tech Ecosystem), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cannabis products are provided to support consumer wellness and health. | 2013 | Smiths Falls, Ontario, Canada | – | USD 204.24 M | 960 | |
Online marketplace platform for cannabis traders | 2015 | New York, New York, United States | USD 195.4 M | – | – | |
Loyalty and marketing solutions for cannabis dispensaries are provided. | 2012 | West Palm Beach, Florida, United States | USD 25.79 M | USD 22.83 M | – | |
An online marketplace for cannabis products is operated. | 2017 | Bend, Oregon, United States | USD 603 M | – | 137 | |
Online platform for cannabis strains, reviews, and ratings | 2010 | Seattle, Washington, United States | USD 40.7 M | – | – | |
Provider of cannabis products, brands, and international business development investments | 2013 | Moncton, New Brunswick, Canada | – | USD 186.16 M | 898 | |
ERP software is offered via cloud platform for cannabis operations. | 2018 | Boston, Massachusetts, United States | – | USD 110.08 M | 313 | |
Online marketplace connecting licensed cannabis vendors and dispensaries | 2015 | Chicago, Illinois, United States | USD 22.57 M | – | – | |
Enterprise software is provided for cannabis dispensary management. | 2016 | Oakland, California, United States | USD 75.5 M | USD 148.97 K | 97 | |
Proprietary medical cannabis strains are developed and offered. | 2014 | Maryland Heights, Missouri, United States | USD 156 M | – | 557 |
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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. The company's 1st funding round was a Seed of $2M, raised on Sep 2021.
Dispense has 15 employees.
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.
Dispense operates through Dispense Software Inc..
Yes. Dispense was acquired by Alpine IQ in March 2024.
The website of Dispense receives about 314 thousand visits a month and ranks #125,367 among all websites worldwide.