Investment Summary

Salveo Capital Invests In Headset

On January 19, 2017, venture capital firm Salveo Capital invested in software company Headset

Investment Highlights
  • This is Salveo Capital’s 1st transaction in the Software sector.
  • This is Salveo Capital’s 1st transaction in the United States.
  • This is Salveo Capital’s 1st transaction in Washington.

Investment Summary

Date 2017-01-19
Target Headset
Sector Software
Investor(s) Salveo Capital
Deal Type Growth Capital

Target

Headset

Seattle, Washington, United States
Headset is a data and analytics service provider for the cannabis industry, with a mission to help operators make more informed business decisions through data. Headset focuses on consumer transaction information to help cannabis retailers better optimize operations while leveraging aggregate and retailer-direct sales data to provide product manufacturers, processors and distributors the tools they need to stay ahead of the competitive landscape, better identify opportunity and collaborate with retail customers. Headset was founded in 2015 and is based in Seattle, Washington.

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Investor(S) 1

DESCRIPTION

Salveo Capital is a private investment firm focused on companies in and serving the cannabis industry. Specific areas of interest include cultivation centers, dispensaries, ancillary products, industry support services, and software/technology. Salveo Capital was formed in 2015 and is headquartered in Northbrook, Illinois.


DEAL STATS #
Overall 1 of 8
Sector (Software) 1 of 2
Type (Growth Capital) 1 of 2
State (Washington) 1 of 1
Country (United States) 1 of 8
Year (2017) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-11 Wurk

Denver, Colorado, United States

Wurk is an operator of Payroll and HR platform for emerging and highly regulated industries. Company platform automates the processes associated with hiring, managing and paying employees, greatly reducing costs for employers, and making administrative tasks easier, less error-prone and quicker for employees. The Wurk platform includes tools to manage compliance with industry-specific regulations like Federal income tax code section 280E and state-specific requirements for employee registration and badging. Wurk was founded in 2015 and is based in Denver, Colorado.

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