Greenbits: Funding, Investors & Team (Oct 2026)
Greenbits empowers more than 1,200 cannabis retail locations across 13 states with a safer, smarter, easier way to manage day-to-day operations and maximize store performance. The company's robust retail platform – with automated state-by-state compliance, point of sale, inventory control, and personalized insights – enables owners, managers, and budtenders to run, protect, and grow their businesses with ease. As the largest provider of retail technology, Greenbits processes $3.7 billion in regulated cannabis sales annually on its point-of-sale platform.
Greenbits has raised $23.0M across 1 funding round on record, the most recent an undisclosed round of $23.0M announced in Apr 2020.
That round is above the $3.6M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
Greenbits Company Profile and Key Stats
Latest funding round on record: Apr 2020.
Greenbits Funding Rounds
Greenbits Founders and Leadership Team
No contact details are on record for this team yet.
Greenbits Funding Compared to Other Commerce and Shopping Startups
Greenbits' latest round of $23.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
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Greenbits Funding FAQs
What does Greenbits do?
Greenbits empowers more than 1,200 cannabis retail locations across 13 states with a safer, smarter, easier way to manage day-to-day operations and maximize store performance. The company's robust retail platform – with automated state-by-state compliance, point of sale, inventory control, and personalized insights – enables owners, managers, and budtenders to run, protect, and grow their businesses with ease. As the largest provider of retail technology, Greenbits processes $3.7 billion in regulated cannabis sales annually on its point-of-sale platform.
How much funding has Greenbits raised?
Greenbits has raised $23.0M across 1 round on record. The most recent is an undisclosed round of $23.0M announced in Apr 2020.
When did Greenbits last raise funding?
Greenbits' most recent funding round on record is an undisclosed round of $23.0M, announced in Apr 2020.
Who is the CEO of Greenbits?
Barrett Saik is listed as CEO at Greenbits.
Where is Greenbits headquartered?
Greenbits is based in San Jose, California, United States.
How many employees does Greenbits have?
Greenbits is in the 51-100 employee band.
How does Greenbits' funding compare to other Commerce and Shopping startups?
Greenbits' latest round of $23.0M is above the $3.6M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's Greenbits Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Greenbits is left off this page rather than filled in.
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