GROWERIQ CLOSES $3 MILLION SEED ROUND TO HELP CANNABIS PRODUCERS STAY COMPLIANT

BetaKit Profile: GrowerIQ Raises $3M Seed Round


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GrowerIQ
GrowerIQ is the operational backbone ERP that unites the fragmented systems required by cannabis production facilities around the world. The company now powers facilities in more than a dozen countries, and four languages - enabling true seed-to-sale traceability.

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Andrew Wilson on how GrowerIQ delivers an edge to leading cannabis producers

Cannabis production at commercial scale is hard! It's difficult to grow amazing quality product, and simultaneously stay on top of all the regulatory demands required to stay compliant.

Non-cannabis ERP systems don't work for cannabis production, so producers are stuck using Excel or outdated software that do not talk to each other. This makes it hard to gather data for compliance reporting or analysis.

GrowerIQ was founded to help cannabis companies simplify operations, stay compliant and leverage data to improve their bottom line. The company's ERP includes modules for cultivation, manufacturing, warehouse, CRM, orders and quality management.

GrowerIQ has become the go-to solution for cannabis businesses of all sizes, with customers in more than a dozen countries. The company has been credited with driving significant operational efficiencies and savings for its customers.

“We see them as a pioneer in this space, at the very start of a considerable growth industry and we believe they are well positioned to capture a dominant share in the space.”Nicole Barry, MaRS Discovery District

GrowerIQ is thrilled to announce that they've closed a $3M Seed round, which will be used to accelerate development of their cutting-edge cannabis ERP.

Read more from the interview with Founder & CEO, Andrew Wilson, on BetaKit, or read more from the original press release here.

The Takeaway

Not sure where to begin? GrowerIQ makes operating your cannabis business simple.

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About GrowerIQ

GrowerIQ is a complete cannabis production management platform. Ours is the first platform to integrate your facility systems, including sensors, building controls, QMS, and ERP, into a single simplified interface.

GrowerIQ leverages proprietary machine learning algorithms to improve facility automation and provide producers with insights to improve quality and consistency. GrowerIQ is changing the way producers use software - transforming a regulatory requirement into a robust platform to learn, analyze, and improve performance.

To find out more about GrowerIQ and how we can help, fill out the form to the right, start a chat, or contact us.

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