Altitude Investment Management

Altitude is a New York-based venture capital fund manager focused on the global cannabis industry. The manager's strategy is to invest in a range of early to growth stage companies in North America and Europe that support this rapidly growing industry. Our principals have spent their careers launching and managing alternative investment funds, including distressed debt and leveraged credit strategies. We have been involved in highly-regulated industries for decades, and this experience makes our leadership team uniquely qualified to face the regulatory and funding challenges within the cannabis industry. Having invested in the cannabis industry for more than three years, Altitude has deep relationships with legal and regulatory professionals, CEOs of cannabis companies, industry organizations, and consultants.

Michael Goldberg

Partner and Co-Founder

Roderick Stephan

Partner and Co-Founder

Jon Trauben

Partner and Co-Founder

Past deals in Cannabis

NOBL Group

Series A in 2020
NOBL is an information technology services company that specializes in cannabis data, conferences and consulting. It features a software platform that utilizes insight, knowledge, and network focusing on the cannabis industry. The company was founded in 2019 and is headquartered in London, England.

KannaSwiss

Venture Round in 2019
KannaSwiss AG, founded in 2014 and based in Kölliken, Switzerland, specializes in the production and distribution of high-quality cannabidiol (CBD) products across Europe. The company supplies bulk CBD isolate and distillate, alongside a diverse range of consumer products including water-soluble oils, tinctures, creams, cosmetics, and wellness items. KannaSwiss is committed to using organic cannabis sourced from the Swiss highlands, ensuring that its offerings are ecologically farmed and rigorously lab-processed for purity and potency. The company also operates an online retail platform catering to both retailers and wholesalers, providing natural CBD solutions aimed at promoting health and well-being without side effects.

BDSA

Series C in 2019
BDSA is an analytics platform focused on the cannabis market, offering business intelligence and market insights to various stakeholders, including retailers, manufacturers, brands, wholesalers, and investors. The company provides tools for tracking retail sales, understanding consumer behavior, and forecasting market trends, which help clients make informed decisions regarding product innovation, pricing strategies, and market expansion. By delivering actionable insights, BDSA enables its clients to enhance profitability, boost revenues, and improve their competitive positioning within the industry.

Wurk

Series A in 2019
Wurk is the leader in HR, Payroll, and Payment technology servicing the fastest-growing emerging industry, cannabis! Wurk's proprietary Compliant Payment Cloud underwriters cannabis businesses enabling them to process payments for payroll, taxes, 401k, benefits, and more positioning Wurk as the largest payments processor in the industry. Their SaaS HCM Cloud provides Modern HR, Payroll, Time & Attendance, Scheduling accessible on any device, including tablets and mobile. Wurk's Intralytics Cloud (integration meets analytics) connects the industries leading technology providers allowing operators to combine and analyze data to inform mission-critical decisions. Wurk is also assembling this data to provide industry benchmarks to help operators compare their KPIs to the trends of the industry. Wurk's unique platform is proving that Human Capital Management, Workforce Management, and Payment technology providers can add significant value to their customers by focusing on their vertical-specific needs. Wurk was founded in August 2015 by Keegan Peterson. And it is headquartered in Denver, Colorado.

springbig

Series A in 2018
Springbig provides loyalty, digital communications, and CRM technology solutions to retailers in the cannabis industry. It was founded in 2012 and is headquartered in Boca Raton, Florida. After years of experience in big-box retail, their founders saw tremendous opportunity in the underserved cannabis industry and decided to bring advanced loyalty programs, an essential marketing tool in such a competitive industry, to cannabis dispensaries and brands.
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