About this raise
Cannabiscope, a cannabis-focused SaaS platform, is raising funds on MicroVentures. The company has a valuation cap of $4 million and works as the link between cannabis retailers and consumers. The Cannabiscope platform makes it easier for the CBD/THC retailers to showcase their products and for the consumers to learn more about the products before purchasing. David Schacter and Paul Shockley founded Cannabiscope in 2018 and have raised $138,000 in previous rounds of financing. The current crowdfunding round has a minimum target of $50,000 and a maximum target of $396,072, and the proceeds will be used for R&D, marketing, and general working capital. Cannabiscope already has over 257 active businesses and has conducted two successful pilot tests.
Investment Overview
Not Funded: $19,203
Deal Terms
Total Commitments
- Platform
- Microventures
- Start Date
- 04/19/2021
- Close Date
- 10/11/2021
$50,000
$396,072
$100
Convertible Note
Early Stage
RegCF
$4,000,000
20%
Company & Team
Company
- Year Founded
- 2015
- Industry
- Alcohol, Tobacco, & Recreational Drugs
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Ratings 
Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 10/11/2021 | Microventures | $4,000,000 | $19,203 | Convertible Note | Not Funded | RegCF |
| 12/09/2019 | Microventures | $2,500,000 | $134,420 | Convertible Note | Funded | RegCF |