Flowhub Announces $19 Million Strategic Funding Led by Headline, Poseidon and Shawn “Jay-Z” Carter

The financing was led by venture firms Headline and Poseidon, and included a personal investment from world-renowned rapper, entrepreneur and entertainment mogul Shawn “Jay-Z” Carter.

With the additional funding, Flowhub will accelerate expansion into emerging markets, further develop its dynamic product line and grow its social equity program. Launched in June 2021, Flowhub’s social equity program invests in those who have been adversely impacted by the War on Drugs.

Per the program, eligible social equity business owners receive Flowhub’s POS software discounted at $4.20 for up to three years, the mobile Stash® and Greet® apps, the View™ app and free implementation. To date, Flowhub has awarded over $1 millionworth of software products to eligible cannabis entrepreneurs via this program.

“We are thrilled to announce this capital raise. Headline is an incredible Silicon Valley-based venture capital firm, Poseidon is a pioneer investor in the cannabis industry and Jay-Z is a cultural and creative global force no matter the industry he is involved in,” said Kyle Sherman, founder and CEO of Flowhub…