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Alt Thirty Six logo — Redefining cannabis commerce with the first fully compliant...

Alt Thirty Six

Redefining cannabis commerce with the first fully compliant digital payment solution.

Founded 2015 Series A Total: $11.62M Blockchain, E-Commerce +2

General Information

Company Name Alt Thirty Six
Founded Year 2015
Industries Blockchain, E-Commerce, Fintech +1
Funding Stage Series A
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About Alt Thirty Six

Alt Thirty Six is a company that aims to revolutionize the cannabis industry with its fully compliant digital payment solution. The platform offers a user-friendly and cost-effective alternative to the current reliance on cash and the deceptive use of credit cards. It enables near-real-time fund settlement for merchants while minimizing fraud risks and effectively eliminates the high costs, risks, and inefficiencies of cash and credit card transactions. Unlike many others in the industry, Alt Thirty Six prioritizes compliance and transparency as fundamental to its long-term success, investing significant time and capital in developing a robust, fully compliant payment platform tailored to the cannabis sector. Through its proprietary technology and established banking partnerships, Alt Thirty Six facilitates electronic payments for cannabis merchants both in-store and online via the ACH network. Notably, transaction records are stored on the Dash blockchain for accurate record-keeping. The company received a $10.00M Series A investment on 23 April 2019. This funding signifies a vote of confidence in Alt Thirty Six’s potential to redefine cannabis commerce and solidify its position in the market.

Taxonomy: cannabis commerce, digital payment solution, compliance technology, ACH network, blockchain integration, banking partnerships, fraud minimization, record-keeping, cashless transactions, cannabis industry, startup, investor analysis, financial innovation

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• - 23 Apr 2019
Grant •••••• - 01 Oct 2017
Seed Round •••••• 2 •••• •••• 26 Apr 2017
Grant •••••• 1 •••• •••• 21 Apr 2017

Alt Thirty Six Alternatives & Competitors

Alt Thirty Six vs
Zodaka
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Alt Thirty Six vs
Spectrum Global Payment Solutions
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Alt Thirty Six vs
1906
1906 United States

Unlocking the power of plants with fast-acting, functional cannabis for a healthier, happier you – a...

Series Unknown
123 employees
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FAQ About Alt Thirty Six

Redefining cannabis commerce with the first fully compliant digital payment solution.
Alt Thirty Six was founded in 2015.
Alt Thirty Six operates in the following industries: Blockchain, E-Commerce, Fintech, Payments.
Alt Thirty Six has completed 4 funding rounds, raising a total of $11.62M. The latest funding stage is Series A.
Top alternatives and competitors to Alt Thirty Six include Zodaka, Spectrum Global Payment Solutions, 1906, du-it, Airo Brands. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Alt Thirty Six and Zodaka are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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