FolioGrow
FolioGrow is a Dallas-based SaaS company selling a cloud-based cannabis cultivation management platform (CCMP) that consolidates crop, employee, financial, and METRC compliance data for licensed U.S. cannabis growers and MSOs.
- Company typePrivate
- Founded2017
- HeadquartersDallas, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What FolioGrow does
FolioGrow is a private, cloud-based software company that sells a cannabis cultivation management platform (CCMP) to licensed U.S. cannabis operators. The platform consolidates fragmented grow data — crop variables (light, feed, time, trim), employee productivity, financials, and regulatory reporting — into a single system, applying proprietary math and algorithms to surface strain-level profitability, cost-per-pound, and yield optimization. FolioGrow is METRC-validated in 11 states and integrates with greenhouse automation (Ridder, Growlink), accounting (QuickBooks), CRM (Salesforce), LMS (NetExam), and AI/analytics (IBM Watson). The product is delivered as role-based modules: a Stakeholder Dashboard for investors, a Grow Manager module for batch and team oversight, a Team Member mobile app with task assignment and just-in-time training, a Sales Manager module for mobile inventory and order capture, and an A/B testing feature for cultivation experimentation.
The company generates revenue through a publicly disclosed SaaS subscription: $500 per month per grow site plus $25 per month per registered user, with reference customers ranging from $950/month (small grow) to $1,800/month (40-person operation). Go-to-market combines a sales-led enterprise motion targeting multi-state operators (MSOs) with a product-led 30-day free trial and content marketing, supported by participation in MJBizCon and membership in NCIA, TCIA, and the National Hemp Association. Founded in 2017 and headquartered in Dallas, Texas, FolioGrow operates with a 1-10 person team led by co-founders Brett Strauss (President, B2B SaaS background) and Himansu Karunadasa (CTO, Applied Mathematics), with no disclosed external funding rounds.
FolioGrow firmographics
Firmographics- Name
- FolioGrow
- Legal name
- FolioGrow
- Website
- https://foliogrow.com
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- FolioGrow is a Dallas-based SaaS company selling a cloud-based cannabis cultivation management platform (CCMP) that consolidates crop, employee, financial, and METRC compliance data for licensed U.S. cannabis growers and MSOs.
- Ownership category
- akta.pro rank
FolioGrow industry classification
Industry- Product category
- Cannabis Cultivation Software
- NAICS
- Farm Management Services (115116)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Variable Rate Technology (VRT) & Prescription/Tasking Platforms (AFAAAFAE)
- akta.pro secondary industry
- End-to-End MLOps & ML Platform Suites (HDAAABAA)
Keywords
Where FolioGrow is headquartered
LocationHeadquarters
- HQ city
- Dallas
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
FolioGrow business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription - Site License: Monthly subscription based on per grow facility. Site license fee of $500/month per grow. Cloud-based enterprise solution requiring no hardware or software purchases.
- SaaS Subscription - Per User: Additional per-user fees at $25/month per registered user. Example: 10-person grow costs $950/month total ($500 site license + $250 for team members).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Site License - $500/month per grow facility |
| Per seat | Monthly | Per User - $25/month per registered user |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
FolioGrow product offering
Product offeringCore offering
FolioGrow sells a cloud-based Cannabis Cultivation Management Platform (CCMP) that consolidates crop, employee, financial, and compliance data for licensed cannabis growers. It applies proprietary math and algorithms to compare cultivation variables against harvest outcomes, enabling strain-portfolio ROI analysis, A/B testing, cost-per-pound tracking, and task management. The platform is delivered as a SaaS subscription with a $500/month site license plus $25/month per user, validated METRC seed-to-sale integration across 11 states, and mobile apps for cultivation team members.
Product overview
FolioGrow is a cloud-based cannabis cultivation management platform (CCMP) that unifies all grow operation data to help users maximize yields and profits. The platform comprises a core cultivation management system with specialized role-based modules: the Stakeholder Dashboard for investors and executives providing real-time ROI and revenue forecasting; the Grow Manager Module for batch, strain, and employee management; the Team Member Mobile App for task assignment, tracking, and Just-In-Time training delivery; and the Sales Manager Module for inventory tracking and order management. METRC Integration add-on provides validated seed-to-sale compliance across 11 states. The platform uses math and algorithms to analyze cultivation variables (light, feed, time, trim) against harvest results. Enterprise Cloud Solution requires no hardware or software purchases.
Differentiator
Problem solved
Functional benefit
Products and services
- FolioGrow Cannabis Cultivation Management Platform Cloud-based cannabis cultivation management platform (CCMP) that unifies all grow operation data — crop variables, employee performance, financial metrics, and compliance — using proprietary math and algorithms to compare cultivation inputs (light, feed, time, trim) against harvest outcomes. Sold as a SaaS subscription with a $500/month site license per grow facility plus $25/month per registered user, and accessible via web browser and mobile apps. Targets licensed cannabis cultivators and MSOs across METRC-validated U.S. states.
- FolioGrow METRC Integration Validated seed-to-sale compliance integration with METRC (Marijuana Enforcement Tracking and Compliance) for cannabis regulatory tracking. Automates compliance reporting and reduces time spent in METRC platforms for licensed cultivators operating across 11 U.S. states. Available to licensed cannabis operators as an add-on to the FolioGrow Platform subscription.
Quantifiable outcome
- Cost-per-pound reduction through detailed expense tracking and profit analysis
- +3 more outcomes
Companies that use FolioGrow
Customer profileSegments6 records
Ideal customer profiles3 records
FolioGrow technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability8 records
Feature8 records
FolioGrow partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- METRCcoreMETRC (Marijuana Enforcement Tracking and Compliance) is a cloud-based seed-to-sale tracking system required in 14 states. FolioGrow is METRC validated in 11 states (Alaska, California, Colorado, DC, Louisiana, Maine, Maryland, Massachusetts, Michigan, Missouri, Montana, Nevada, Ohio, Oklahoma, Oregon). Integration allows automated compliance reporting and reduces manual data entry time.
- National Cannabis Industry Association (NCIA)minorNCIA is the largest cannabis industry trade association in the United States. FolioGrow is an association member.
- Texas Cannabis Industry Association (TCIA)minorTCIA is the Texas state cannabis industry trade association. FolioGrow is an association member.
- National Hemp AssociationminorNational Hemp Association supports the hemp industry. FolioGrow is an association member.
Scale indicators1 record
Expansion highlights6 records
FolioGrow competitors and assessment
Company assessmentDirect peers
- Canix: Cultivation-centric cannabis software platform offering batch tracking, METRC integration, and cost analytics — the closest direct competitor to FolioGrow's CCMP positioning, targeting similar MSO and mid-market cultivation customers.
- GrowerIQ: Cannabis cultivation and manufacturing software (seed-to-sale, environment monitoring, QMS) comparable to FolioGrow's platform in target market, METRC integration approach, and vertically focused SaaS model.
- BioTrackTHC (by Akerna): Long-standing seed-to-sale tracking and cannabis business platform with cultivation management features; competes directly with FolioGrow on compliance plus operational modules.
- MJ Freeway (Akerna): Enterprise cannabis ERP covering cultivation, dispensary, and METRC compliance — overlaps directly with FolioGrow's cultivation and compliance modules at the MSO enterprise tier.
- Agrify: Cannabis cultivation technology provider combining hardware (environmental controls) and software analytics — comparable to FolioGrow's integration with Ridder/Growlink plus its strain/environment analytics layer.
- Trym: Cannabis cultivation management software focused on workflow, METRC compliance, and operational analytics for small-to-mid market growers — overlapping target customer and feature set with FolioGrow.
Emerging players
- Distru: Cannabis ERP/seed-to-sale platform with strong distribution and manufacturing focus; competes partially with FolioGrow on compliance and seed-to-sale tracking but emphasizes downstream operations more than agronomic analytics.
Regional players
- Leaf Data Systems (by Occam): Seed-to-sale tracking system used in select U.S. states (notably California pre-METRC migration and other jurisdictions) and overlapping compliance plus cultivation workflows with FolioGrow in geographies where METRC is not mandated.
Broad incumbents
- Climate FieldView (Bayer): Broad agriculture digital platform with field data, prescription/tasking, and analytics at scale; comparable to FolioGrow's algorithmic cultivation analytics layer but applied to mainstream row crops rather than cannabis.
- Granular (Corteva): Farm management SaaS providing operational planning, financial tracking, and agronomic analytics; functionally adjacent to FolioGrow's farm management + ROI/CPP framework though focused on broad-acre agriculture.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
FolioGrow social profiles
Digital presenceFolioGrow financial estimates
Financial estimateRevenue estimate
Valuation estimate
FolioGrow leadership team
Management profileNumber of profiles
Profiles3 records
FolioGrow funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FolioGrow M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FolioGrow
What does FolioGrow do?
FolioGrow sells a cloud-based Cannabis Cultivation Management Platform (CCMP) that consolidates crop, employee, financial, and compliance data for licensed cannabis growers. It applies proprietary math and algorithms to compare cultivation variables against harvest outcomes, enabling strain-portfolio ROI analysis, A/B testing, cost-per-pound tracking, and task management. The platform is delivered as a SaaS subscription with a $500/month site license plus $25/month per user, validated METRC seed-to-sale integration across 11 states, and mobile apps for cultivation team members.
Is FolioGrow a public or private company?
FolioGrow is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was FolioGrow founded?
FolioGrow was founded in 2017. It employs 1 to 10 people.
Where is FolioGrow based?
FolioGrow is headquartered in Dallas, United States, in the North America region.
How does FolioGrow make money?
Two revenue lines are on record. SaaS Subscription - Site License is the primary driver. The others are saaS Subscription - Per User.
Who are FolioGrow's main competitors?
Direct peers on record are Canix, GrowerIQ, BioTrackTHC (by Akerna), MJ Freeway (Akerna), Agrify and Trym. Distru is listed as an emerging player. Leaf Data Systems (by Occam) is listed as a regional player. Broad incumbents are Climate FieldView (Bayer) and Granular (Corteva).
Does FolioGrow have an API?
Yes. FolioGrow integrates with METRC (Marijuana Enforcement Tracking and Compliance) via validated API connections, enabling seed-to-sale tracking and regulatory compliance. The platform also integrates with QuickBooks for accounting and Salesforce for CRM. The platform is built on an open architecture that supports API connections with any hardware or software solution that supports the use of APIs. Specific API documentation URL not provided in available sources.
What industry is FolioGrow in?
FolioGrow's product category is Cannabis Cultivation Software. Its primary akta.pro industry code is AFAAAFAE, Variable Rate Technology (VRT) & Prescription/Tasking Platforms, with a secondary code of HDAAABAA, End-to-End MLOps & ML Platform Suites. Its NAICS code is 115116 and its SIC code is 7372.