Apex Trading operates an online wholesale platform offering order, inventory and client management tools, custom storefronts and data-rich dashboards for state-licensed cultivators, manufacturers, distributors and retailers. Led by CEO and founder John Manlove, the company provides tools and services to help buyers and sellers operate more efficiently. Apex has established product-market fit since its first round in 2018 and has created a scalable model serving more than 1,000 companies. It is on track to facilitate over $100,000,000 in transactions in 2020. The company will use the new funding to accelerate its current traction in cannabis and to expand beyond its operations in five states. Apex is also preparing to launch Bushel44, a hemp-centric platform intended to streamline workflows, flatten the supply chain and deliver actionable data for hemp businesses. Apex Trading is a Boulder, CO-based technology company focused on wholesale transactions for the cannabis industry. Led by CEO and founder John Manlove, the company provides state-licensed cultivators, product manufacturers, distributors and retailers with an online wholesale platform. The platform features marketplaces, custom storefronts and data-rich dashboards to allow buyers and sellers to operate efficiently. The company nearly completed a Friends and Family funding round that was undisclosed and led by Sand Hill Angels, with participation from TL Partners and members of Tech Coast Angels. Apex intends to use the funds to accelerate development and build out the software to scale to a national level.

Total raised

$2M

Funding rounds

2

Latest round

Equity

Latest activity

Oct 2019