ARCADIAN Fund

ARCADIAN Fund is a growth equity investment firm that seeks to invest in mid and late-stage companies operating in the cannabis sector. The firm professionally managed vehicle providing Limited Partners diversified exposure to the non-touch, ancillary cannabis industry. They uniquely positioned to capitalize industry leaders, connect companies to resources, identify new revenue streams, and prepare them for mergers, exits, and/or capital markets.

Matthew Nordgren

Partner

11 past transactions

Kadenwood

Series B in 2021
Kadenwood is a privately-held consumer products company dedicated to establishing cannabidiol (CBD) as a trusted component of mainstream wellness. The company leverages extensive expertise in consumer packaged goods marketing and category innovation, along with vertically-integrated CBD farming, to ensure high-quality, THC-free CBD oil from seed to shelf. Kadenwood's product range includes sports creams, roll-ons, oil drops, pet health products, and organic hot teas, all compliant with farm bill regulations. Through its commitment to quality and safety, Kadenwood aims to redefine the CBD industry and promote wellness among consumers.

Semasio

Series A in 2020
Semasio GmbH, founded in November 2010 and headquartered in Hamburg, Germany, specializes in user intelligence and targeting solutions for digital advertising. The company leverages statistical modeling and machine learning to assist marketers in profiling and targeting internet users effectively. Its offerings include Audience Targeting, Contextual Targeting, and Brand Fit Targeting, which utilize Natural Language Processing to analyze website content and create detailed user profiles. This enables clients, including global agency networks and advertisers, to identify specific target audiences and optimize their advertising strategies. Semasio's platform supports real-time advertising and provides tools for managing data ownership and transparency. With additional development centers in Denmark and Portugal, Semasio aims to enhance advertising efficiency while adhering to privacy standards.

Front Range Biosciences

Series B in 2019
Front Range Biosciences brings modern agriculture to cannabis and hemp to improve reliability, efficiency, and safety for cultivators and consumers. They provide advanced agricultural science services to plant growers.

Enlighten Technologies

Series B in 2019
Enlighten offers targeted POS advertisement through its streaming channel and interactive signage in order to inform and educate customers with professionally curated entertainment and educational content, allowing cannabis companies to grow their brand and build relationships with their customers through a variety of solutions.

Arrow AI

Pre Seed Round in 2019
Our mission is to make digital ads work for everyone and save small businesses $38BN a year. We are a C-Corporation incorporated under the name Custom Social Inc., in the state of Delaware in 2019. The Company’s principal product is Arrow Boost, a browser extension that uses Artificial Intelligence to help Small Businesses market themselves more effectively on Facebook. Our Mission is to make digital advertising work for everyone, everywhere. What we do is build effective, easy-to-use, and affordable digital advertising tools for millions of Small Businesses and “solopreneurs”. Small Businesses are being “left behind” when it comes to digital advertising and are often underserved by agencies and enterprise platforms built for larger companies. We believe that when small businesses win, we all win. Our business model is self-serve SaaS tools that are high value, affordable, and integrate seamlessly into major advertising platforms. We charge $9 per month per user for Arrow Boost. Our products are end-to-end self-serve, do not require a sales team or staff for onboarding. The user simply downloads the extension from the Google Chrome store, installs it, and starts using it right away. We offer instructional videos, FAQs, and limited online chat support. The company plans to build a suite of browser extensions so small businesses can find their potential customers everywhere in the digital advertising ecosystem: Pinterest, Connected TV like Roku, Tik-Tok, Snapchat, and other digital channels.

Heally

Seed Round in 2019
Heally is a telemedicine platform that connects patients with licensed doctors and facilitates access to cannabis-based medical products. By providing tools for alternative medicine software providers, Heally enhances their ability to grow their businesses. The platform allows consumers to consult with medical professionals who can recommend specific cannabis products tailored to individual wellness needs, focusing on treating the underlying causes of health issues with natural remedies.

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.

Heally

Seed Round in 2018
Heally is a telemedicine platform that connects patients with licensed doctors and facilitates access to cannabis-based medical products. By providing tools for alternative medicine software providers, Heally enhances their ability to grow their businesses. The platform allows consumers to consult with medical professionals who can recommend specific cannabis products tailored to individual wellness needs, focusing on treating the underlying causes of health issues with natural remedies.

Sava

Seed Round in 2018
Premium Quality; Premium Experience; Premium Customers: Sava is Only the Best in Cannabis. Established in 2015, Sava is growth-stage technology company founded by a values-driven team of LGBTQ+ and LatinX women. We're the leading e-commerce marketplace changing the way people buy, try, and enjoy cannabis. Sava is: - Only the Best: We believe that cannabis should always be clean, consistent, and that every product we sell should meet our high standards; - Perfectly Curated: We’ve cultivated customer trust by hand-picking top brands, hard-to-find artisan products, and only-at-Sava exclusives; - Values-Inspired: We care about creating a progressive, legal, inclusive cannabis industry that doesn't harm the environment.

Treez

Seed Round in 2016
Treez, Inc. is a software company that develops a retail management platform specifically for the cannabis industry in the United States. Founded in 2016 and based in Oakland, California, Treez offers an enterprise-grade, cloud-based solution that streamlines retail and supply chain operations for medical marijuana dispensaries. Its platform includes essential features such as point of sale, inventory management, and omnichannel sales capabilities, all designed to ensure regulatory compliance throughout the supply chain. Additionally, Treez connects brands with retailers through a centralized catalog and provides real-time market insights. The platform's open API allows for seamless integration with various third-party solutions, enhancing operational efficiency and enabling retailers to adapt to industry changes while maximizing customer value and expanding market presence.
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