Socati

Woodburn, United States Founded: 2011 • Age: 15 yrs Acquired By YOOMA
Hemp and cannabis-based medical products are manufactured.

About Socati

Socati is a Consumer company based in Woodburn (United States) founded in 2011, and was acquired by YOOMA in March 2021. Hemp and cannabis-based medical products are manufactured. Socati has raised $33 million across 1 funding round from investors including JJR Capital and YOOMA. The company has 1 employees. Socati has completed 1 acquisition, including Blue Marble Biomaterials. Its chief executive, as recorded, is Josh Epstein. Its focus areas include Healthcare and Cannabis Services.

Company details

Socati was founded in 2011 and is headquartered in Woodburn, United States. Operations focus on the manufacturing of medical products derived from hemp and cannabis. The company operates within the cannabis and hemp sector, emphasizing production processes for therapeutic applications. Leadership is provided by CEO Josh Epstein. Activities are centered in the United States, with distribution aligned to regulatory standards in the industry.

  • Headquarters Woodburn, United States
  • Employees 1
  • Stage Acquired
  • Sectors
    Consumer
  • Email
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  • Phone
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  • Website socati.com
  • Social LinkedIn X Facebook
  • Acquired by YOOMA (Mar 2021)
Key Metrics

Funding Insights of Socati

Socati has successfully raised a total of $33M through 1 strategic funding round. The most recent funding activity was a Series A round of $33 million completed in December 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.

  • Total Funding $33M
  • Total Rounds 1
  • Last Round Series A β€” $33M
  • First Round $33M

    (Dec 2018)

  • Investors Count 1

All 1 funding rounds of Socati with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2018$33MSeries A–JJR Private Capital
–
Valuation history

2 investors in total: 2 institutional.

Investors in Socati

Socati has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include JJR Capital and YOOMA.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Capital and advisory solutions are provided to mid-market companies.
2019jjrcapital.comToronto, Canada
Delivers digital marketing solutions for cannabis health product brands.
2019yooma.caToronto, Canada
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Investor details for Socati

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  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

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People of Socati

1 people are tracked at Socati (1 in leadership); the tracked headcount is 1.

NameRoleGroup
Josh Epstein
CEOLeadership
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Complete people profiles for Socati

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  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

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Investments & Acquisitions by Socati

Socati has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Blue Marble Biomaterials.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Specialty chemicals from biomass are produced using fermentation technology.
bluemarblebio.comMissoula, United States2007May 2019β€’β€’β€’β€’
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Complete acquisition details for Socati

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  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Socati

4 dated milestones of Socati across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Socati is founded.
  2. Funding First funding round of $33.0M.
  3. Acquisition Acquires Blue Marble Biomaterials.
  4. Exit Acquired by YOOMA.

Top companies in Cannabis Platforms & Ecosystem Services

3 companies that operate in the same segment as Socati (Cannabis Platforms & Ecosystem Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Legal medical and recreational cannabis products are manufactured.
2016Ann Arbor, Michigan, United StatesUSD 89.95 M214
Cannabis is cultivated, processed, and retailed by PharmaCann vertically.
2014Oak Park, Illinois, United StatesUSD 218.7 M979
Consumer lawn and garden products and services are provided.
1868Columbus, Ohio, United StatesUSD 3.41 B5,300
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Frequently Asked Questions about Socati

Socati was founded in 2011 and raised its 1st funding round 7 years after it was founded.

Socati is headquartered in Woodburn, United States. It is registered at Woodburn, Oregon, United States.

Josh Epstein is the CEO of Socati, as recorded in our data.

Socati is a funded company, having raised a total of $33M across 1 funding round to date. The company's 1st funding round was a Series A of $33M, raised on Dec 2018.

Socati has 1 employees.

Socati was founded in 2011 and is headquartered in Woodburn, United States. Operations focus on the manufacturing of medical products derived from hemp and cannabis. The company operates within the cannabis and hemp sector, emphasizing production processes for therapeutic applications. Leadership is provided by CEO Josh Epstein. Activities are centered in the United States, with distribution aligned to regulatory standards in the industry.

Socati has made 1 acquisition, including Blue Marble Biomaterials.

Socati has 2 investors. Key investors include JJR Capital, and YOOMA.

Yes. Socati was acquired by YOOMA in March 2021.

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