Prelude is an NYC-based provider of an AI-powered supply chain solution for the cannabis ecosystem. Co-founded by Michael E. Murphy and Andrew Copp, the company’s product is purpose-built to reduce out-of-stocks and overstocks at dispensaries to improve sales, profitability, and cash flow. Prelude is currently focused on the retail layer, helping dispensaries decide which products to buy and in what quantities to optimize inventory assortments and administrative costs. It plans to extend the same value across the entire supply chain, from seed to sale and every step in between. The company recently raised seed funding to support these efforts and expand its market presence.

Total raised

$5M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2023