Vangst

2022 Series B Cannabis Raised $19,000,000
Industry
Cannabis
Stage
Series B
Raised
$19,000,000

Company Overview

Vangst announced the completion of its $19 million Series B financing round in January 2022 led by Level One Fund, with participation from existing investors such as Lerer Hippeau and Casa Verde Capital, as well as new investors such as L2 Ventures and Delta Emerald Ventures. Since the start of its gig product offering in 2018, Vangst has filled over 150,000 part-time jobs as the first and only gig platform in the cannabis industry. Karson Humiston describes the company as the hiring platform of the cannabis industry and according to internal company data, 80 of cannabis businesses use Vangst to hire personnel.

Business Model

SaaS

Customer Model

B2B

Pitch Deck

Market Opportunity

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