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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.
Social
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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
Ranked
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:lockFilter this list
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
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Nabis' founders and board of directors

Founder? Claim Profile
The founders of Nabis are Jun Lee and Vince Ning. Vince Ning is the CEO of Nabis.
Here are the details of Nabis' key team members:

Nabis' employee count trend

Nabis has 261 employees as of Sep 26. Here is Nabis's employee count trend over the years:
Employee count trend for Nabis
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for LeafLink
LeafLink
2015, New York City (United States), Series D
Streamlining wholesale cannabis commerce with technology solutions for brands and retailers
$195M
71/100
2nd
Logo for Nabis
Nabis
2017, Oakland (United States), Series B
Leading cannabis marketplace and distribution platform connecting brands and retailers
$33.2M
64/100
3rd
Logo for Leafbuyer
Leafbuyer
2012, Greenwood Village (United States), Public
Online retailer for consumer based cannabis products
$4.5M
-
55/100
4th
Logo for Trulieve
Trulieve
2016, Tallahassee (United States), Public
Provider of an online marketplace platform for cannabis products
$488M
52/100
5th
Logo for Leaf Trade
Leaf Trade
2015, Chicago (United States), Acquired
A wholesale cannabis marketplace platform
$22.6M
52/100
6th
Logo for Canndescent
Canndescent
2015, Santa Barbara (United States), Acquired
Provider of ultra-premium cannabis products
$57M
52/100
7th
Logo for Apex Trading
Apex Trading
2018, Portland (United States), Seed
Online platform for buying and selling of cannabis product in wholesale
$1.67M
50/100
8th
Logo for Confident Cannabis
Confident Cannabis
2014, Palo Alto (United States), Series A
Online platform for cannabis producers
$15.1M
47/100
9th
Logo for Vext Science
Vext Science
2012, Phoenix (United States), Public
Cultivator and producer of cannabis-based products
-
46/100
10th
Logo for Surterra Wellness
Surterra Wellness
2014, Atlanta (United States), Series D
Florida medical marijuana dispensary providing safe, high-quality cannabis products
$300M
45/100
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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

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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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