About MJ Platform
MJ Platform is a company based in Denver (United States) founded in 2010 was acquired by POSaBIT in January 2023. MJ Platform has raised $21.46 million across 4 funding rounds from investors including POSaBIT, Batu Capital and Entourage Effect Capital. MJ Platform offers products and services including Cultivation Software, Manufacturing Software, Distribution Software, Retail Software, and Delivery Software. MJ Platform operates in a competitive market with competitors including Flourish Cannabis Software and New World Packaging, among others.
- Headquarter Denver, United States
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Sectors
Healthcare
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Email
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- Legal Name Mj Freeway, Llc
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Products & Services of MJ Platform
MJ Platform offers a comprehensive portfolio of products and services, including Cultivation Software, Manufacturing Software, Distribution Software, Retail Software, and Delivery Software.
Tracks plant genetics and yields for cannabis cultivation management.
Manages suppliers and workflows in cannabis product manufacturing.
Monitors sales and inventory for cannabis distribution networks.
Handles sales and loyalty programs for cannabis retail operations.
Optimizes routes and tracks inventory for cannabis deliveries.
Provides insights for business decisions in cannabis operations.
Funding Insights of MJ Platform
MJ Platform has successfully raised a total of $21.46M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in September 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 MJ Platform
MJ Platform has secured backing from 5 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include POSaBIT, Batu Capital and Entourage Effect Capital.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm focused on cannabis industry growth and leadership.
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Venture capital firm focused on multiple sectors
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Batu Capital is a single family office focused on investing in late-stage startups.
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Investor details for MJ Platform
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Investments & Acquisitions by MJ Platform
Investment portfolio details for MJ Platform
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Financial Statements - MJ Platform
Detailed financials for MJ Platform
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Mj Platform Comparisons
Peer comparison for MJ Platform
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Competitors of MJ Platform
MJ Platform 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 Flourish Cannabis Software and New World Packaging, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based software platform for cannabis dispensaries and brands is provided.
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Provides custom packaging, printing, and supply chain for cannabis products.
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Detailed competitors of MJ Platform
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Latest news on Mj Platform
Complete news archive for MJ Platform
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Frequently Asked Questions about MJ Platform
MJ Platform was founded in 2010 and raised its 1st funding round 5 years after it was founded.
MJ Platform is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
MJ Platform is a funded company, having raised a total of $21.46M across 4 funding rounds to date.
MJ Platform is a provider of solutions and consulting services to cannabis to manage the cannabis supply chain. The company provides enterprise resource planning (ERP) software to streamline operations in the cannabis supply chain. It provides solutions for managing cultivation, manufacturing, distribution, retail, and delivery of cannabis products. It also provides consulting services for obtaining a license, build, set up, open, operate, and scale a successful cannabis business.
MJ Platform's top competitors include Flourish Cannabis Software and New World Packaging.
MJ Platform offers Cultivation Software, Manufacturing Software, Distribution Software, Retail Software, and 2 more products and services.
MJ Platform has 5 investors. Key investors include POSaBIT, Batu Capital, Entourage Effect Capital, Tao Capital Partners, and Roger B McNamee.