Jane Technologies Raises $100M in Series C Funding

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Summary

Jane Technologies, Inc., a Santa Cruz, Calif.-based cannabis industry’s e-commerce marketplace, closed a $100m Series C round of funding. The company intends to use the funds to expand its digital presence, grow its team across multiple areas of operations, further enhance existing software solutions and introduce new technologies. Led by Socrates Rosenfeld, CEO, Jane is a cannabis industry’s automated e-commerce solution, powering 2,100+ dispensaries and brands across 36 U.S. state markets as well as the Canadian market. The company’s offering provides dispensaries and brands with an e-commerce solution, including real-time POS integration, curated content directly from the brands (the best pictures, descriptions, etc. Multi-state operators and brands using Jane include Green Thumb Industries, Columbia Care, Jushi Holdings Inc., Cresco, Kiva, Lowell Herb Co., Papa & Barkley and WYLD.

$ Funding

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Amount $130.0M Total raised
Date August 1, 2021 Announcement date
Investors - Lead investors
Company - Funded company

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