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Based in Oakland, California, Backbone Software develops specialized supply chain management and enterprise resource planning software tailored specifically for the highly regulated cannabis and hemp industries. The business-to-business SaaS platform provides commercial cultivators, extractors, product manufacturers, and wholesale distributors with centralized tools to track production, manage inventory, and automate state-mandated compliance reporting. Operating with an estimated workforce of 10 to 50 employees, the company utilizes direct application programming interface integrations with regulatory systems like Metrc to ensure data visibility and optimize yields across the entire supply chain. The enterprise has successfully raised $14 million in total venture capital funding through multiple financing rounds backed by prominent institutional investors including Nautilus Venture Partners, Salveo Capital, and Touchdown Ventures. Backbone Software was officially founded in 2017 by technology industry veterans Rajesh Chandran, Vic Patil, and Peter Huson.
Backbone Software has raised $14.0M across 1 funding round.
Backbone Software has raised $14.0M in total across 1 funding round.
Backbone Software has raised $14.0M across 1 funding round. Most recently, it raised $14.0M Seed in April 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 14, 2022 | $14M Seed | — | 12/12 Ventures, Nautilus Ventures | Announced |
Backbone Software has raised $14.0M in total across 1 funding round.
Backbone Software's investors include 12/12 Ventures, Nautilus Ventures.
