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How Nabis CEO Vince Ning grew Nabis to $22.1M revenue and 100 customers in 2024.

Nabis is the #1 licensed cannabis wholesale platform supporting over 300 brands and supplying the entire network of California dispensaries with top-tier products.

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Nabis Revenue

In 2024, Nabis's revenue reached $22.1M. The company previously reported $14.2M in 2023. Since its launch in 2019, Nabis has shown consistent revenue growth.

Nabis Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M201920202021202220232024$0$11M$14M$22MSource: GetLatka.com
YearMilestoneQuote
2024Nabis Hit $22.1m revenue in October 2024
2023Nabis Hit $14.2m revenue in October 2023
2021Nabis Hit $10.9m revenue in January 2021
2019Launched with $0 revenue

Nabis Valuation, Funding Rounds

Nabis has not publicly disclosed its valuation. The company has raised $10.6M in total funding to date.

Nabis has raised $10.6M in total funding across 3 rounds, with its most recent round in 2020.

Nabis Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)$0$3M$5M$8M$10M$13M2018201920202018 cumulative: $1M • 2018 Funding round: $1M2019 cumulative: $6M • 2018 Funding round: $1M • 2019 Funding round: $4M2020 cumulative: $11M • 2018 Funding round: $1M • 2019 Funding round: $4M • 2020 Funding round: $5M$11MSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Funding round$5M--
2019Funding round$4.3M--
2018Funding round$1.3M--

Nabis Employees & Team Size

Nabis employs approximately 173 people as of 2026, up from 158 in 2023. It serves 100 customers that rely on its solutions.

Nabis Team GrowthReported headcount over time0408012016020020192020202120222023202400173173Source: GetLatka.com
YearMilestone
2024Reached 173 employees (December 2024)
2024Reached 158 employees (October 2024)
2023Reached 158 employees (October 2023)
2023Reached 145 employees (September 2023)
2023Reached 137 employees (January 2023)
2022Reached 144 employees (October 2022)
2022Reached 129 employees (January 2022)
2021Reached 145 employees (December 2021)
2021Reached 113 employees (August 2021)
2021Reached 111 employees (January 2021)

Founder / CEO

Vince Ning

Vince Ning is listed as Founder / CEO at Nabis.

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Customers

See how Nabis acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.

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Frequently Asked Questions about Nabis

What is Nabis's revenue?

Nabis generates $22.1M in revenue.

Who founded Nabis?

Nabis was founded by Vince Ning.

Who is the CEO of Nabis?

The CEO of Nabis is Vince Ning.

How much funding does Nabis have?

Nabis raised $10.6M.

How many employees does Nabis have?

Nabis has 173 employees.

Where is Nabis headquarters?

Nabis is headquartered in San Francisco, California, United States.

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Compare Nabis to the industry

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

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Data Disclaimer

All figures on this page are GetLatka estimates from public sources and proprietary models. They are not verified by the company.

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