Flowhub logo
Founded 2015

Flowhub

2018 Revenue

$4.0M

YOY

Funding

$8.0M

Overview

About Flowhub

Cannabis seed-to-sale management reimagined. Multiple license harvests, mobile tag scanning, prompt customer service - that’s the power of Flowhub.

Monthly Revenue

$333.3K

Total Expenses

$333.3K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Flowhub CEO Kyle Sherman on 09/13/2018

Watch the podcast


Headquarters

1555 California Street DenverColoradoUnited States

Flowhub Revenue vs Funding

$Funding$Revenue

Revenue

In 2018, Flowhub revenue run rate hit $4.0M in revenue.

$4.0M

Funding History

Flowhub has raised a total of $8.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
02/03/2016$1.6M
03/23/2015$225.0K

Customers

Flowhub has 500 customers.

Lifetime Months

600

×
Monthly ARPU

$667.0

=
Lifetime Dollars

$400.0K


Acquisition Cost

$14.7K

Average Annual Price

$8.0K

$0$8.0K22 month payback period0246810121416182022

Churn

Flowhub has an annual churn rate of 2.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-2.00%

Annual Dollar Expansion

2.00%

Net Revenue Retention

100.00%

Team

Employees

Flowhub has 40 employees. They have 13 sales reps that carries a quota.

2018
DistributionQty

Total Team Size

40

Engineers

0

Sales

0

Marketing

0

CEO/Founder

Kyle Sherman

At Flowhub, we’re about more than just technology. We’re about solving complex problems, creating meaningful social change and connecting with our community. And yeah, we like our cannabis! Founded in 2015 by our CEO Kyle Sherman, Flowhub innovates how cannabis retailers manage complex compliance mandates, supply chain data, sales transactions and reporting by delivering compliance, point of sale, inventory tracking, and business intelligence data from a single, highly-customizable platform. Our mission is rooted in the desire to empower cannabis retailers to build their dream dispensaries. When they succeed, we succeed. Headquartered in downtown Denver, Flowhub is now trusted and loved by thousands of cannabis retailers and partners across the U.S., processing over one billion dollars in cannabis sales annually. As the original integrator to Metrc, the state track and trace system used in most legal cannabis markets, we help cannabis retailers automate and simplify business operations through technology to keep companies and government transparent, keep cannabis products off the black market, and build a robust scalable industry that is approachable for all adults and medical patients.


CEO Q&A

What's your age?

31

Favorite online tool?

Google Apps

Favorite book?

Hard thing about hard things

Favorite CEO?

Chris Dougin, Badgeville

Advice for 20 year old self

Read more


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Frequently Asked Questions about Flowhub

When was Flowhub founded?

Flowhub was founded in 2015.


Who is the CEO of Flowhub?

The CEO of Flowhub is Kyle Sherman


How many employees does Flowhub have?

Flowhub has 40 employees.

How much revenue does Flowhub generate?

Flowhub generates $4.0M in revenue.


How much funding does Flowhub have?

Flowhub has raised $8.0M.


Where is Flowhub headquarters?

Flowhub is headquartered at 1555 California Street DenverColoradoUnited States

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