GrowerIQ Raises $3M CAD Seed Funding Round

GrowerIQ, a Toronto, CA-based cannabis enterprise resource planning (ERP) platform, closed a $3m CAD ($2.3 million USD) seed funding round.

The round was co-led by Golden Section and MaRS IAF, with participation from LAGO, Delbridge, GTM Fund and Gaingels.

The company intends to use the funds to invest in tech and continue building its cannabis management platform.

Launched in 2020 by CEO Andrew Wilson, GrowerIQ provides a solution for cannabis businesses to simplify operations, stay compliant and leverage data to improve their bottom line. The company’s ERP includes modules for cultivation, manufacturing, warehouse, CRM, orders and quality management.

GrowerIQ now powers facilities in more than a dozen countries, and four languages.