Prelude Products Inc

About Prelude Products Inc

Prelude is a company focused on providing automated purchase order and inventory management software tailored for the cannabis industry. Their mission is to help cannabis dispensaries increase profitability by optimizing inventory levels, ensuring the right products are stocked, and reducing manual processes, ultimately achieving more profit with less inventory.

Products & Services

Cannabis Inventory Management Software:A tool designed to optimize inventory for cannabis dispensaries by buying the right products and quantities, reducing markdowns, increasing gross profit by 10-20%, and lowering inventory levels and costs by 20-30%.

Dispensary AI:An AI-driven solution to automate purchasing, provide deep data analysis to prevent stock-outs on popular products, and streamline dispensary operations.

Internal Allocations System:A system to optimize location-specific inventory through demand forecasting, reducing manual entry errors and improving cash flow and gross profit.

Specialties

Inventory Optimization for Cannabis Demand Forecasting Automated Purchasing Dispensary Operations Streamlining

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Seed T: - FT: Seed	A: 5200000 MR: - FA: 5.2 million FAN: 5200000	D: 2023-11-28 FD: 2023-11-28	2 investors

Seed Latest

2023-11-28

$5.2M

2 investors (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Team & Leadership

M

Michael E. Murphy

Co-founder

LinkedIn (Pro only)

A

Andrew Copp

Co-founder

LinkedIn (Pro only)

S

Sam Alessi

Operations Manager

LinkedIn (Pro only)

D

Daniel Rodriguez

Software Engineer

J

John Beier

Data Scientist & Engineer

J

Johnathan Rossitter

Software Engineer

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