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Valuation

$45M

2024 Revenue

$3.1M

Funding

$15M

YOY

81.5%

Team

20

Founded

2015

How Confident Cannabis CEO Stephen Albarran grew to $3.1M revenue with a 20 person team in 2024.

Provider of a cloud-based laboratory tool designed to test cannabis and instill trust and transparency in the cannabis industry. The company's laboratory tool aggregates real-time inventory data, compares quality and print labels and allows users to manage their orders, notify clients and analyze results over time, all through a centralized dashboard, enabling customers to obtain lab-tested products only from licensed, compliant vendors.

Last updated

Confident Cannabis Revenue

In 2024, Confident Cannabis's revenue reached $3.1M. The company previously reported $1.7M in 2023. Since its launch in 2015, Confident Cannabis has shown consistent revenue growth.

Confident Cannabis Revenue GrowthReported revenue / ARR over time$0$750K$1.5M$2.3M$3M$3.8M201520172019202120232024$0$1.7M$1.7M$3.1MSource: GetLatka.com
YearMilestoneQuote
2024Confident Cannabis Hit $3.1m revenue in October 2024
2023Confident Cannabis Hit $1.7m revenue in December 2023
2021Confident Cannabis Hit $1.7m revenue in April 2021
2015Launched with $0 revenue

Confident Cannabis Valuation, Funding Rounds

Confident Cannabis reached a $45M valuation in 2019, set during its Series A round.

Confident Cannabis has raised $15M in total funding across 2 rounds, most recently a $12M Series A round in 2019.

Confident Cannabis Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$10M$4M$20M$8M$30M$12M$40M$16M$50M$20M20152016201720182019$45MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2019Series A$12M$45M27%
2015Seed Round$3M--

Founder / CEO

Stephen Albarran

CEO

Stephen Albarran is listed as CEO at Confident Cannabis.

Q&A

QuestionAnswer
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Customers

We do not have customer count information for Confident Cannabis yet.

Confident Cannabis Employees & Team Size

Confident Cannabis employs approximately 20 people as of 2026, up from 19 in 2023, including 6 sales reps that carry a quota.

Confident Cannabis Team GrowthReported headcount over time0510152025201520172019202120232024002020Source: GetLatka.com
YearMilestone
2024Reached 20 employees (October 2024)
2023Reached 19 employees (December 2023)
2022Reached 14 employees (December 2022)
2021Reached 22 employees (December 2021)
2021Reached 20 employees (April 2021)

Frequently Asked Questions about Confident Cannabis

What is Confident Cannabis's revenue?

Confident Cannabis generates an estimated $3.1M in annual revenue.

Who founded Confident Cannabis?

Confident Cannabis was founded by Stephen Albarran.

Who is the CEO of Confident Cannabis?

The CEO of Confident Cannabis is Stephen Albarran.

How much funding does Confident Cannabis have?

Confident Cannabis raised $15M across 2 rounds.

How many employees does Confident Cannabis have?

Confident Cannabis has 20 employees.

Where is Confident Cannabis headquarters?

Confident Cannabis is headquartered in San Francisco, California, United States.

Compare Confident Cannabis to the industry

Confident Cannabis operates across multiple industries. Browse revenue, funding, and growth data for Confident Cannabis in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Confident Cannabis Revenue 2024: $3.1M ARR, $45M Valuation