Cannabis software startup Odava, founded by former Urban Airship execs, raises cash to fuel growth
Odava, a Portland, Oregon based startup that provides software tools for the cannabis industry, has raised $170,000, according to a recent SEC filing. Odava is seeking an additional $130,000 as part of this seed round.
Odava’s enterprise platform includes a point-of-sale system and other tools to help marijuana dispensaries track their business and comply with local laws. The company was approved as a certified Cannabis Tracking System by the Oregon Liquor Control Commission on Monday. The state requires recreational cannabis retailers to record their activity and software, like Odava’s, enables them to do so.
The certification and funding will help Odava expand its presence in Oregon and grow its team.
“We’re focused here now but we definitely have national and international designs on what we want to do with the business,” said Odava co-founder Scott Kveton in an interview with GeekWire today.
Before Odava, Kveton served as CEO of Portland push notifications company Urban Airship....
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