Valuation
$24M
2021 Revenue
$8M
Customers
1.5K
Funding
$0
Avg ACV
$5.3K
Team
84
Founded
2016
How GrowFlow CEO Travis Steffen grew to $8M revenue and 1.5K customers in 2021.
Developer of tractability and sales software designed to make reporting as quick and painless as possible. The company's software is based on the feedback and insights from real, Washington growers and cannabis processors and has an easy-to-learn, intuitive interface, permits growers and processors to manage their plants, automatically convert to usable products, print all their labels, automatically invoice and manifest with a few clicks, permitting them to cut their time on the computer down dramatically, thereby enabling them to increase their efficiency and productivity.
Last updated
GrowFlow Revenue
In 2021, GrowFlow's revenue reached $8M. The company previously reported $4.7M in 2021. Since its launch in 2016, GrowFlow has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | GrowFlow Hit $8m revenue in October 2021 | |
| 2021 | GrowFlow Hit $4.7m revenue in April 2021 | |
| 2020 | GrowFlow Hit $5.4m revenue in December 2020 | |
| 2016 | Launched with $0 revenue |
GrowFlow Valuation, Funding Rounds
GrowFlow's most recent disclosed valuation is $24M.
GrowFlow is a bootstrapped Cannabis Industry Software startup. Founded in 2016, GrowFlow has grown to $8M in revenue without raising any venture capital or outside funding.
As a self-funded Cannabis Industry Software SaaS company, GrowFlow has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Travis Steffen
Travis Steffen, bestselling author of Viral Hero, is a serial entrepreneur with 7 successful exits (and a few crash-and-burn failures) to his name. Travis serves as CEO of GrowFlow (getgrowflow.com), a cloud-based software suite for cannabis businesses. With customers ranging from growers, producer/processors, and retailers, GrowFlow is the market leading cannabis software solution in several states. As a growth engineer, he specializes in building products that grow themselves. After over a decade of growing both startups and more established brands, Travis began to adopt a different way of building products by building the viral loops first, then finding product details that fit inside those structures. After seeing this strategy work, he set a goal to gain a deeper understanding of viral marketing mechanics so he could create a resource to teach founders and growth engineers how to use creative product architecture to grow their companies – rather than burning giant piles of cash. The result is Viral Hero.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
GrowFlow serves 1.5K customers.
GrowFlow Employees & Team Size
GrowFlow employs approximately 84 people as of 2026, including 4 sales reps that carry a quota. It serves 1.5K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 84 employees (October 2021) |
| 2021 | Reached 56 employees (April 2021) |
Frequently Asked Questions about GrowFlow
What is GrowFlow's revenue?
GrowFlow generates $8M in revenue.
Who founded GrowFlow?
GrowFlow was founded by Travis Steffen.
Who is the CEO of GrowFlow?
The CEO of GrowFlow is Travis Steffen.
How much funding does GrowFlow have?
GrowFlow raised $0.
How many employees does GrowFlow have?
GrowFlow has 84 employees.
Where is GrowFlow headquarters?
GrowFlow is headquartered in United States.
Compare GrowFlow to the industry
GrowFlow operates across multiple industries. Browse revenue, funding, and growth data for GrowFlow 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.
Claim this profilePeople Also Viewed
AdNet
Management consulting firm meeting the ongoing demands of the workplace by providing high-quality staffing and executive search services
Global Access Meetings
Full-service meeting and event management that delivers a customer-focused approach where high touch and exceptional service are the top priorities
Smart Alto
Easiest way to set appointments with real estate leads
Xuelangyun
Developer of a industrial internet platform. The company mainly develops an industrial data operating system that provides corporate clients with data intelligence services using machine learning technology and signal processing technology.
JoyCar
JoyCar develops an artificial intelligence platform for carpool services.
hauzd
The easiest way to create interactive 3D sales tool for real estate
