BioTrackTHC - About the company
BioTrackTHC is an acquired company based in Fort Lauderdale (United States), founded in 2010 by Steven Siegel. It operates as a Seed-to-sale cannabis software solutions for cultivation, processing, and dispensary management. BioTrackTHC has raised $5M in funding. The company has 65 active competitors, including 11 funded and 10 that have exited. Its top competitors include companies like Distru, Agrify and Agworld.
Company Details
Seed-to-sale cannabis software solutions for cultivation, processing, and dispensary management. It offers a comprehensive cannabis technology system designed for compliant tracking and data reporting. The software streamlines operations with custom workflows, optimizes yields, and automates data for product labels. The dispensary point-of-sale solution integrates hardware to minimize errors. It provides government traceability tools for regulation enforcement and tax collection. The platform also offers cashless payment solutions to optimize workflows and reduce errors. It integrates with analytics to deliver actionable business intelligence, helping businesses make data-driven decisions. This is a SaaS platform that offers multiple software solutions for the cannabis industry.
- Website
- biotrack.com
- Email ID
- *****@biotrackthc.com
Key Metrics
Founded Year
2010
Location
Fort Lauderdale, United States
Stage
Acquired
Total Funding
$5M in 2 rounds
Latest Funding Round
Investors
Ranked
5th among 65 active competitors
Employee Count
62 as on Sep 30, 2026
Exit Details
Acquired by Alleaves (Feb 10, 2023)
BioTrackTHC's acquisition details
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BioTrackTHC's funding and investors
BioTrackTHC has raised a total funding of $5M over 2 rounds. Its first funding round was on Oct 05, 2015. BioTrackTHC has 3 institutional investors.
Here is the list of recent funding rounds of BioTrackTHC:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 06, 2016 | 3516780 | Grant (prize money) | 2520282 | 3381108 | 6378913 | 1199544 |
Oct 05, 2015 | 3891587 | PE | 4168108 | 7140021 | 5772140 |
View details of BioTrackTHC's funding rounds and investors
BioTrackTHC's founders and board of directors
Founder? Claim ProfileThe founders of BioTrackTHC is Steven Siegel.
Here are the details of BioTrackTHC's key team members:
- Steven Siegel: Founder of BioTrackTHC.
View details of BioTrackTHC's Founder profiles and Board Members
BioTrackTHC's employee count trend
BioTrackTHC has 62 employees as of Sep 26. Here is BioTrackTHC's employee count trend over the years:
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BioTrackTHC's Competitors and alternates
Top competitors of BioTrackTHC include Distru, Agrify and Agworld. Here is the list of Top 10 competitors of BioTrackTHC, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Distru 2016, Oakland (United States), Series A | Provider of seed-to-sale software and enterprise resource planning for cannabis | $9M | 53/100 | |
2nd | Agrify 2016, Burlington (United States), Public | Cannabis and hemp brands delivering wellness and lifestyle experiences | $4.5M | 49/100 | |
3rd | Agworld 2009, Lakeville (United States), Acquired | Developer of software for farm management and agricultural data analysis | $11.5M | 49/100 | |
4th | Trym 2018, Novato (United States), Seed | Developer of software for commercial growers, offering compliance and data solutions | $3.1M | 44/100 | |
5th | BioTrackTHC 2010, Fort Lauderdale (United States), Acquired | Seed-to-sale cannabis software solutions for cultivation, processing, and dispensary management | $5M | 49/100 | |
6th | AgSquared 2009, Washington, DC (United States), Seed | SaaS based Farm Planning and Management | $1.53M | 40/100 | |
7th | Flourish Cannabis Software 2017, Atlanta (United States), Seed | Provider of seed-to-sale enterprise resource planning software for cannabis businesses | $2.35M | 37/100 | |
8th | AROYA 2018, Pullman (United States), Unfunded | Provider of precision irrigation and environmental monitoring systems for crop cultivation | - | - | 36/100 |
9th | OptiLeaf 2014, Wichita (United States), Public | Technological solutions provider for the cannabis industry | $694K | - | 34/100 |
10th | CRB Monitor 2014, Nashville (United States), Funding Raised | Provider of data analysis and corporate intelligence services | - | 33/100 |
Looking for more details on BioTrackTHC's competitors? Click here to see the top ones
BioTrackTHC's Investments and acquisitions
BioTrackTHC has made no investments or acquisitions yet.
Reports related to BioTrackTHC
Here is the latest report on BioTrackTHC's sector:
News related to BioTrackTHC
•
Metrc and BioTrack Announce Strategic Partnership to Advance Cannabis Technology SolutionsGlobeNewswire•Aug 05, 2025•Metrc, BioTrackTHC
•
Alleaves & BioTrack Announce Strategic Partnership With New York Cannabis Retail Association (NYCRA)NewMediaWire•Sep 26, 2024•Alleaves, BioTrackTHC
•
New York Selects BioTrack as the State's Cannabis Track and Trace SystemGlobeNewswire•Dec 21, 2022•BioTrackTHC
•
Florida Chooses BioTrack as the State's Cannabis Track and Trace SystemGlobeNewswire•Feb 28, 2022•Forian, BioTrackTHC, FDOH
•
•
STRAIN Integrates With Helix BioTrack, Bringing Dispensaries Closer to Their CustomersNewswire•Apr 07, 2020•BioTrackTHC, Strain
•
Cannabis Software Company BioTrack Receives SOC 2 Type II QualificationGlobeNewswire•Jan 15, 2020•BioTrackTHC, Helix Technologies
•
Helix TCS subsidiary BioTrackTHC in cannabis software integration partnership with I Heart JaneProactive Investors•Dec 04, 2019•BioTrackTHC, Jane Technologies
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Helix TCS to Track Medical Cannabis Sales for Illinois' New Opioid Alternative Pilot ProgramBioSpace•Feb 04, 2019•Helix TCS, BioTrackTHC
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