About Metrc
Metrc is a company based in Lakeland (United States) founded in 2011. Metrc has raised $50 million across 1 funding round from investors including Casa Verde and Tiger Global. The company has 124 employees as of December 31, 2020. Metrc offers products and services including Track and Trace Platform and RFID Technology. Metrc operates in a competitive market with competitors including Orange Photonics, Yofumo, Bloom Automation, Paragon Coin and StrainSecure, among others.
- Headquarter Lakeland, United States
- Employees 124 as on 31 Dec, 2020
-
Sectors
HealthcareAgriculture
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Metrc Llc
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$50 M (USD)
in 1 rounds
-
Latest Funding Round
$50 M (USD), Series B
Oct 25, 2018
-
Investors
Casa Verde
& 1 more
-
Employee Count
124
as on Dec 31, 2020
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.
- 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 Metrc
Metrc offers a comprehensive portfolio of products and services, including Track and Trace Platform and RFID Technology.
Platform for monitoring cannabis supply chain with RFID.
RFID tags and systems for product tracking and identification.
People of Metrc
Unlock access to complete
Software Development Team
11 people
Leadership Team
9 people
Sales and Marketing
5 people
Finance and Accounting
3 people
Government Team
2 people
Human Resources and Administration
1 people
Business Team
1 people
Data Analysis and Operations Team
1 people
Unlock access to complete
Funding Insights of Metrc
Metrc has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series B round of $50 million completed in October 2018. 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 Metrc
Metrc has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Casa Verde and Tiger Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment in cannabis industry startups is facilitated by Casa Verde.
|
Locked | Locked | Locked | |
|
Venture and private equity investments are managed with global diversification.
|
Locked | Locked | Locked |
Investor details for Metrc
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 Metrc
Investment portfolio details for Metrc
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 - Metrc
Detailed financials for Metrc
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.
Metrc Comparisons
Peer comparison for Metrc
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.
Competitors of Metrc
Metrc 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 Orange Photonics, Yofumo, Bloom Automation, Paragon Coin and StrainSecure, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Analytical instrumentation is provided by Orange Photonics for potency testing.
|
|
| Locked | Locked | Locked |
Automated storage units for cannabis post-harvest processes are offered.
|
|
| Locked | Locked | Locked |
Automation solutions for cannabis cultivation processes are developed.
|
|
| Locked | Locked | Locked |
Blockchain solutions for cannabis supply chain tracking are developed.
|
|
| Locked | Locked | Locked |
Blockchain-based solutions for cannabis industry quality assurance are provided.
|
Detailed competitors of Metrc
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 Metrc
Complete news archive for Metrc
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 Metrc
Metrc was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Metrc is headquartered in Lakeland, United States. It is registered at Lakeland, Florida, United States.
Jeff Well is the current CEO of Metrc.
Metrc is a funded company, having raised a total of $50M across 1 funding round to date.
As of Dec 31, 2020, the latest employee count at Metrc is 124.
Metrc was founded in 2011 in Lakeland, United States, focusing on the cannabis sector. Traceability tools are supplied to monitor drug diversions per regulations. Real-time surveillance of cannabis items is enabled through RFID technology across inventories. Regulatory access to license and compliance data is facilitated. A database is compiled on cultivation, production, transportation, and sales, from which trends and benchmarks are derived for industry analysis.
Metrc's top competitors include Orange Photonics, Yofumo and StrainSecure.
Metrc offers Track and Trace Platform and RFID Technology.
Metrc has 2 investors. Key investors include Casa Verde, and Tiger Global.