Tag: 31M

Trym raises $3.1M seed to grow its cannabis cultivation platform

Commercial cannabis operations often rely on software platforms to track and forecast crops from seed to sale. Trym today is announcing a large $3.1M seed round that will help the company expand its software offering.

Trym’s solution offers commercial growers a robust set of features, including integration with the regulatory platform Metrc and environmental sensors. Using the system, growers gain a powerful tool to grow their plants and business thanks to comprehensive analytics capabilities and operations management.

Trym’s seed round came from friends and family, along with notable investors. Out of the $3.1M round, $1M came from friends and family. At the same time, 7thirty Capital and Delta Emerald Ventures co-led the preferred round of $2.1M with participation from Welcan Capital, Arcview Collective Fund, and others. Trym says the round was oversubscribed.

“Our investors are a perfect match with Trym’s DNA,” said Matt Mayberry, CEO, and co-founder, Trym in a

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Trym Closes $3.1M Seed Round to Advance Cannabis Cultivation Software and Accelerate Growth

7thirty Capital and Delta Emerald Ventures co-led the investment with participation from Welcan Capital, Arcview Collective Fund, and others

NOVATO, Calif., Sept. 29, 2020 /PRNewswire/ — Trym, a pioneering cannabis cultivation software company, is pleased to announce the completion of its $3.1M seed funding round of financing. In addition to an initial friends and family of $1M, 7thirty Capital and Delta Emerald Ventures co-led the preferred round of $2.1M. Welcan Capital, Arcview Collective Fund, and others also participated in the oversubscribed round. The funding will enable Trym to make further software advancements and expand its trusted farm management platform into new markets.

(PRNewsfoto/Trym)
(PRNewsfoto/Trym)

“Our investors are a perfect match with Trym’s DNA,” said Matt Mayberry, CEO and co-founder, Trym. “They understand that connectivity is the future of cannabis agriculture and that to stay in the game, commercial cultivators have to closely track and manage all aspects

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