A Novato company creating software to manage cannabis cultivation has received $3.1 million in seed money from four investors.
Trym, which incorporated in 2018, will use the money to continue developing its computer-based modules designed to help organize cannabis cultivation operations.
“What we found was a vast majority of growers were running their companies in notebooks and on spreadsheets,” co-founder Matt Mayberry said.
Customers buy a membership allowing them to access software on a platform that is divided into three modules, available as a monthly service with fees starting at $200 a month for small farms, leading up to 10 times that amount to assist large operations. He declined to release revenue figures on the company that’s headquartered on Western Drive and began operating in July.
The first module is a team-management platform, similar to Salesforce, but for cannabis companies. It comes with a function that outlines tasks for employees and monitors their progress.
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