Nabis - About the company
Nabis is a series B company based in Oakland (United States), founded in 2017 by Jun Lee and Vince Ning. It operates as a Leading cannabis marketplace and distribution platform connecting brands and retailers. Nabis has raised $33.2M in funding from investors like BABEL Ventures, Y Combinator and Liquid 2 Ventures. The company has 65 active competitors, including 14 funded and 11 that have exited. Its top competitors include companies like LeafLink, Leafbuyer and Trulieve.
Company Details
Leading cannabis marketplace and distribution platform connecting brands and retailers. This is a licensed wholesaling platform, supplying dispensaries with a large portfolio of brands. It offers lightning-fast fulfillment, warehousing, payment processing, financing, data analytics, sales, and marketing services. The platform coordinates the entire distribution lifecycle from production to delivery. It provides real-time visibility into key sales, operational, and financial metrics with custom reporting and dashboards. The streamlined end-to-end platform scales the industry with software that facilitates compliant order management, inventory tracking, and financial oversight. The company's mission is empowering the world to discover cannabis by providing choice, access, and innovation. It is a B2B platform, offering software solutions and marketplace services within the cannabis industry.
- Website
- www.nabis.com/
- Email ID
- *****@nabis.com
Key Metrics
Founded Year
2017
Location
Oakland, United States
Stage
Series B
Total Funding
$33.2M in 4 rounds
Latest Funding Round
Investors
Ranked
2nd among 65 active competitors
Employee Count
261 as on Sep 30, 2026
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Nabis's funding and investors
Nabis has raised a total funding of $33.2M over 4 rounds. Its first funding round was on 2018. Its latest funding round was a Series B round on Jul 01, 2021 for $*****. 5 investors participated in its latest round. Nabis has 22 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Nabis:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 01, 2021 | 6915171 | Series B | 1298532 | 8620876 | 9139605 | 1708686 |
Oct 15, 2020 | 2765805 | Series A | 9379520 | 5543536 | 6986730 | |
Mar 2019 | 2841660 | Series A | 7644642 | 1120975 |
View details of Nabis's funding rounds and investors
Nabis' founders and board of directors
Founder? Claim ProfileHere are the details of Nabis' key team members:
- Jun Lee: Co-Founder & President of Nabis. Contact Info: 1 email address
- Vince Ning: Co-Founder & CEO of Nabis. Contact Info: 1 email address
View details of Nabis's Founder profiles and Board Members
Nabis' employee count trend
Nabis has 261 employees as of Sep 26. Here is Nabis's employee count trend over the years:
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Nabis's Competitors and alternates
Top competitors of Nabis include LeafLink, Leafbuyer and Trulieve. Here is the list of Top 10 competitors of Nabis, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | LeafLink 2015, New York City (United States), Series D | Streamlining wholesale cannabis commerce with technology solutions for brands and retailers | $195M | 71/100 | |
2nd | Nabis 2017, Oakland (United States), Series B | Leading cannabis marketplace and distribution platform connecting brands and retailers | $33.2M | 64/100 | |
3rd | Leafbuyer 2012, Greenwood Village (United States), Public | Online retailer for consumer based cannabis products | $4.5M | - | 55/100 |
4th | Trulieve 2016, Tallahassee (United States), Public | Provider of an online marketplace platform for cannabis products | $488M | 52/100 | |
5th | Leaf Trade 2015, Chicago (United States), Acquired | A wholesale cannabis marketplace platform | $22.6M | 52/100 | |
6th | Canndescent 2015, Santa Barbara (United States), Acquired | Provider of ultra-premium cannabis products | $57M | 52/100 | |
7th | Apex Trading 2018, Portland (United States), Seed | Online platform for buying and selling of cannabis product in wholesale | $1.67M | 50/100 | |
8th | Confident Cannabis 2014, Palo Alto (United States), Series A | Online platform for cannabis producers | $15.1M | 47/100 | |
9th | Vext Science 2012, Phoenix (United States), Public | Cultivator and producer of cannabis-based products | - | 46/100 | |
10th | Surterra Wellness 2014, Atlanta (United States), Series D | Florida medical marijuana dispensary providing safe, high-quality cannabis products | $300M | 45/100 |
Looking for more details on Nabis's competitors? Click here to see the top ones
Nabis's Investments and acquisitions
Nabis has made no investments or acquisitions yet.
Reports related to Nabis
Here is the latest report on Nabis's sector:
News related to Nabis
Media has covered Nabis for a total of 5 events in the last 1 year, 1 of them has been about company updates.
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Nabis Launches New Service Tiers, Accelerating Brand Growth, Starting with Bloom — NabisNabis•Jul 15, 2026•Nabis
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RIV Capital Establishes Distribution Partnership with NabisPR Newswire•Oct 16, 2024•RIV Capital, Nabis
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Top Cannabis Brand Jetty Extracts Taps Nabis to Bolster National Expansion AbilitiesBusiness Wire•Aug 13, 2024•Nabis, Jetty
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California-based distributor enters Nevada with acquisitionGreen Market Report•Feb 28, 2024•Nabis, Blackbird
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Nabis Launches Revamped Payment Solution, Nabis Capital, Expanding Financial Resources For Cannabis OperatorsBusiness Wire•Feb 01, 2024•Nabis
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Nabis Continues Momentum As California Cannabis Enters 2024, Adding New Partners to Marketplace PlatformBusiness Wire•Jan 17, 2024•Nabis, Northernemeralds, Tyson 2.0, turn and 6 others
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