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Socrates Rosenfeld is the Co-Founder and CEO of Jane Technologies. After leaving active duty in 2011 as a U.S. Army veteran and Apache helicopter commander, Socrates turned to cannabis to re-acclimate to civilian life. Because cannabis wasn’t legal at the time in Massachusetts where he lived, he was forced to rely on the black market, where he couldn’t be sure about the quality of the cannabis he was buying. The frustration of that experience, coupled with the lack of access to cannabis for his fellow vets, led Socrates to co-found Jane Technologies with his brother Abraham.
Jane launched in 2017 to provide an e-commerce solution for legal cannabis retailers. A big part of the platform is that customers can conveniently research and purchase cannabis products online. Currently, the company partners with over 750 dispensaries in 22 states.
Prior to starting Jane, Socrates was an associate at McKinsey & Company. He graduated from the United States Military Academy and earned an MBA in entrepreneurship from MIT.
Green Market Report Executive Spotlight
Background: Socrates Rosenfeld is the Co-Founder and CEO of Jane Technologies. After leaving active duty in 2011 as a U.S. Army veteran and Apache helicopter commander, Socrates turned to cannabis to re-acclimate to civilian life. Because cannabis wasn’t legal at the time in Massachusetts where he lived, he was forced to rely on the black market, where he couldn’t be sure about the quality of the cannabis he was buying. The frustration of that experience, coupled with the lack of access to cannabis for his fellow vets, led Socrates to co-found Jane Technologies with his brother Abraham.
Jane launched in 2017 to provide an e-commerce solution for legal cannabis retailers. A big part of the platform is that customers can conveniently research and purchase cannabis products online. Currently, the company partners with over 750 dispensaries in 22 states.
Prior to starting Jane, Socrates was an associate at McKinsey & Company. He graduated from the United States Military Academy and earned an MBA in entrepreneurship from MIT.
GMR Executive Spotlight Q&A:
Company: Jane Technologies
Years at current company: I founded Jane Technologies in 2015
Education profile: MBA @ MIT Sloan School of Management, B.S. in Leadership & Management Studies @ United States Military Academy at West Point
Most successful professional accomplishment before cannabis: I graduated with my MBA in entrepreneurship from MIT Sloan School of Management as a Tillman Scholar after serving as an Apache helicopter commander in the U.S. Army.
Company Mission: Our mission is to bring safe and accountable access to cannabis products for all different types of consumers across the country. We provide a shopping experience that makes shopping for cannabis as simple and as straightforward as shopping for anything else in this world.
Company’s most successful achievement: We’ve grown to be in partnership with more than 750 stores across 22 states. We have the world’s largest real-time inventory product catalog with more than 160,000 products.
Has the company raised any capital (yes or no): Yes.
If so, how much?: $6M Series A, $21M Series B.
Any plans on raising capital in the future? Yes. We’re always looking to advance our platform, improve our data offerings and enter new markets.
Most important company 5 year goal: To build an eCommerce product that is best-in-class. To provide safe and simple access to this plant for cannabis consumers across the world. To enable small businesses to serve their local communities with efficient retail operations. To grow a world-class team that is committed to building what the future of retail will look like.
