Series CCannabis Tech

Fractional CTO for Series C Cannabis Tech Startups

Navigate the unique challenges of building a Cannabis Tech company at Series C. Expert technical leadership that understands both ipo readiness and Cannabis Tech-specific requirements.

Typical Funding

$50M - $100M+

Team Size

200-500 people

Revenue

$50M - $150M ARR

Runway

48+ months or path to profitability

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What Cannabis Tech Companies Need at Series C

Technical Priorities

Navigate Cannabis Tech-specific technical challenges at Series C
Implement industry-standard Cannabis Tech architecture
Meet Series C investor expectations for Cannabis Tech companies
Balance feature velocity with Cannabis Tech compliance requirements
Build technical foundation for next funding stage

Industry-Specific Focus

Compliance tracking
Seed-to-sale
Point of sale
Inventory management
Regulatory reporting

Why Cannabis Tech at Series C is Different

Cannabis Tech companies at Series C face a unique combination of challenges. While Series C companies focus on ipo readiness, Cannabis Tech adds complexity through GDPR requirements, Compliance tracking technical needs, and industry-specific competitive dynamics. Our fractional CTOs understand both dimensions and help you navigate this intersection efficiently.

Challenges We Solve for Series C Cannabis Tech Companies

Series C Challenge

IPO readiness requiring new financial controls, audit trails, and governance

Series C Challenge

Engineering organization too large for one CTO to manage effectively

Cannabis Tech Challenge

Compliance tracking at Series C scale

Cannabis Tech Challenge

Seed-to-sale at Series C scale

Technical Leadership Gap

Finding CTO-level expertise who understands both Series C dynamics and Cannabis Tech regulations/requirements

Resource Constraints

Balancing Cannabis Tech compliance requirements with Series C budget and timeline constraints

Cannabis Tech Compliance at Series C

Cannabis Tech compliance is critical at Series C. We help you achieve and maintain necessary certifications while scaling your engineering organization.

GDPR

SOC 2

Stage-Specific Compliance Priority

Maintain and expand compliance certifications. Consider additional frameworks like SOC 2 for global expansion.

Cannabis Tech Benchmarks for Series C

Tech Budget

$3.5M-$10M+/month

Typical monthly tech spend at Series C

Team Size

200-500 people

Engineering team size for Series C

Time to Market

6-12 months

Typical development cycle at Series C

What Investors Expect from Series C Cannabis Tech Companies

Technical Requirements

Cannabis Tech-appropriate architecture and security measures
Compliance roadmap for GDPR
Scalable tech stack proven in Cannabis Tech companies
Clear technical roadmap aligned with Series C milestones
Strong engineering team or hiring plan

Key Metrics

Product velocity: Consistent feature releases
Cannabis Tech user engagement and retention metrics
System reliability: 99%+ uptime for production systems
Security posture: Zero critical vulnerabilities
Technical efficiency: Cost per user or transaction

Our Approach for Series C Cannabis Tech Startups

Stage Expertise

Deep understanding of Series C dynamics: IPO Readiness, M&A Strategy.

Industry Knowledge

Proven experience with Cannabis Tech compliance, tech stacks, and best practices.

Network Access

Connect with vetted Cannabis Tech engineers, advisors, and technical partners.

Success Story

Series C enterprise SaaS platform, 380 people, $180M raised, $95M ARR, preparing for IPO in 18-24 months

Challenge

CTO focused on engineering execution but board needed strategic technology leadership for IPO. Considering 2 acquisitions but no M&A experience. SOX compliance readiness unclear. Infrastructure costs at $420K/month with declining gross margins concerning CFO. Platform architecture limiting ability to move upmarket to Fortune 500. Board asked for fractional CTO to assess readiness and guide IPO prep.

Solution

Fractional CTO engaged as board technical advisor and strategic counselor to CTO. Led 90-day IPO readiness assessment identifying gaps in controls, documentation, and processes. Key initiatives over 18 months: 1) Designed SOX control framework for engineering and infrastructure, 2) Led technical due diligence for 2 acquisitions ($15M and $32M), successfully integrated both, 3) Coached CTO on board communication and strategic thinking, 4) Launched FinOps program reducing infrastructure costs to $310K/month while supporting 2.2x revenue growth, 5) Defined enterprise architecture for Fortune 100 customers, 6) Built technical content for S-1 filing and investor presentations, 7) Recruited VP of Security and VP of Infrastructure from network, 8) Established technology advisory board with CTOs from public companies.

Result

Successfully IPO'd at $2.1B valuation with clean technical diligence from underwriters. Engineering and infrastructure controls praised by auditors. Two acquisitions integrated smoothly, contributing $12M ARR. Infrastructure unit costs improved 55% through FinOps. Gross margins improved from 72% to 78%. CTO effectively presented technology vision to investors during roadshow. Platform supporting Fortune 100 customers at $1M+ ACV. Engineering organization of 285 scaling efficiently. Stock up 35% in first year as public company.