image

FYLLO RAISES ANOTHER $30M

Marketing tech firm Fyllo raised a $30M Series B round, eight months after closing on a $28M Series A. (Paywall)
Business Insider 

  • The company which offers a suite of data and compliance software for cannabis companies, has begun offering similar services to mainstream brands. 
  • CEO Chad Bronstein said Fyllo also provides data on the cannabis industry to companies in the liquor, retail and CPG spaces. He calls it “the Salesforce of highly regulated industries.”
  • JW Asset Management and Sol Global led the round with a total of 60% coming from non-cannabis investors, mostly family offices.  
  • Read a previous WeedWeek story about Fyllo.