Fyllo Completes $30M Series B Financing

22 Apr, 2021

Fyllo Completes $30M Series B Financing
Photo by Szabolcs Varnai on Unsplash

– Fyllo, the leader in digital marketing and compliance solutions technology for highly regulated industries, including cannabis, has closed an oversubscribed Series B round totaling $30M co-led by JW Asset Management and Sol Global.
– Additionally, Peter S Kraus, chairman and, CEO of Aperture Investors and former AllianceBernstein CEO joins the Company’s Board of Directors.
– Of note, sixty percent of the funds raised in the Series B comes from outside of the cannabis industry, underscoring the maturity of the burgeoning cannabis market and validating the Company’s potential to scale beyond the endemic market to address similar challenges faced in other highly regulated industries.

Cannabis Cloud Computing Cloud Data Services Compliance Enterprise Software North America
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