Simplifya: Revolutionizing Compliance in the Cannabis Industry
Established in 2016, Simplifya has quickly become the go-to operational compliance software company in the cannabis industry. Their slogan, "The leading operational and regulatory compliance software used by licensed cannabis operators to maintain compliance," encapsulates their commitment to providing essential solutions for licensed operators.
Their comprehensive suite of tools, including state-specific SOP templates, self-audits, compliance document management, and license tracking, has significantly reduced costs and risks for cannabis businesses. This has garnered trust from industry giants and smaller operators alike, as safeguarding their licenses is paramount.
Moreover, Simplifya's influence extends beyond operators, reaching financial institutions, insurance companies, law firms, investment professionals, and governments, proving the widespread relevance of their offerings. In June 18, 2021, they secured a significant $6.00M Series B investment from Merida Capital Holdings, marking a pivotal moment in their growth trajectory.
Simplifya's innovative approach, coupled with strategic investments, positions them as a key player in shaping the future of compliance within the cannabis sector and beyond.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series B | $6.00M | 1 | Merida Capital Holdings | 18 Jun 2021 |
Series B | $1.00M | 1 | Merida Capital Holdings | 12 Jan 2018 |
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