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The Venture Codex

Overview

Investment management company offering mutual funds for various investors.

Deals · 12mo

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Stage focus

Series C

Geographic focus

Australia

Sector focus

Financial Services
Funding Platform

Investment portfolio

  • Fyllo

    Participated · Series C · Nov 2021

    Chicago-based Fyllo, led by founder and CEO Chad Bronstein, delivers the Compliance Cloud, a suite of software and services that simplifies regulatory management for companies operating in tightly controlled sectors like cannabis. Its offering combines compliance monitoring, data services and marketing tools, and is complemented by the Fyllo Data Marketplace, which lets mainstream advertisers target cannabis and CBD consumers. The company is expanding its capabilities through M&A, including the February 2021 acquisition of retail and marketing platform DataOwl. Fyllo plans to continue strategic acquisitions and aggressive hiring to bolster its technology stack. Year-to-date in 2021 the business has grown revenue more than 100% and expanded headcount by roughly 275%, adding executives from firms such as Twitter and Salesforce. These metrics underscore rising demand for compliance-first SaaS in regulated markets, positioning Fyllo for continued growth.

Insights

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