Insights

Industry Leadership POSaBIT is recognized as the leading cashless payment provider within the cannabis industry, with recent increased adoption driven by federal policy shifts. This positions the company as a prime partner for cannabis retailers seeking compliant and secure transaction solutions.

Growing Revenue With reported revenues between 25 million and 50 million dollars and a 22 percent increase in recurring monthly SaaS revenue, POSaBIT demonstrates strong market traction and expanding sales opportunities for new payment solutions and subscription services.

Regulatory Momentum The company's active support for federal rescheduling of cannabis signals an openness to align with evolving regulations, which could open avenues for new product offerings tailored to a broader legal landscape and increased industry compliance needs.

Technological Innovation Leveraging advanced tech stack components such as cloud infrastructure, security measures, and data analytics tools, POSaBIT can offer targeted, scalable solutions that appeal to cannabis businesses seeking modernized payment infrastructure.

Market Expansion Supported by recent positive earnings reports and shareholder approvals, POSaBIT has the financial stability and industry credibility to explore new geographical markets and grow its client base among retail cannabis operators.

POSaBIT Tech Stack

POSaBIT uses 8 technology products and services including Google AdSense, Microsoft Clarity, Google Hosted Libraries, and more. Explore POSaBIT's tech stack below.

  • Google AdSense
    Advertising
  • Microsoft Clarity
    Analytics
  • Google Hosted Libraries
    Content Delivery Network
  • Segment
    Customer Data Platforms
  • Mailgun
    Email
  • Google Cloud
    Infrastructure As A Service
  • Highlight.js
    Javascript Libraries
  • reCAPTCHA
    Security

Media & News

POSaBIT's Email Address Formats

POSaBIT uses at least 1 format(s):
POSaBIT Email FormatsExamplePercentage
First@posabit.comJohn@posabit.com
70%
FirstL@posabit.comJohnD@posabit.com
24%
Last@posabit.comDoe@posabit.com
5%
First.Last@posabit.comJohn.Doe@posabit.com
1%

Frequently Asked Questions

Where is POSaBIT's headquarters located?

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POSaBIT's main headquarters is located at 15 Lake Bellevue Drive #101 Bellevue, Washington United States. The company has employees across 1 continents, including North America.

What is POSaBIT's phone number?

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You can contact POSaBIT's main corporate office by phone at . For more prospecting data, LeadIQ has access to up-to-date and accurate contact information within our platform. Find, capture, and sync contact data to your CRM and sales tools in one click.

What is POSaBIT's stock symbol?

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POSaBIT is a publicly traded company; the company's stock symbol is POSAF.

What is POSaBIT's official website and social media links?

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POSaBIT's official website is posabit.com and has social profiles on LinkedInCrunchbase.

What is POSaBIT's SIC code NAICS code?

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POSaBIT's SIC code is 7389 - Business Services, Not Elsewhere Classified NAICS code is 5112 - Software Publishers.

How many employees does POSaBIT have currently?

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As of February 2026, POSaBIT has approximately 40 employees across 1 continents, including North America. Key team members include Chief Product Officer: M. J. S.Regional Director Of Sales: I. N.Senior Controller: J. Y.. Explore POSaBIT's employee directory with LeadIQ.

What industry does POSaBIT belong to?

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POSaBIT operates in the Software Development industry.

What technology does POSaBIT use?

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POSaBIT's tech stack includes Google AdSenseMicrosoft ClarityGoogle Hosted LibrariesSegmentMailgunGoogle CloudHighlight.jsreCAPTCHA.

What is POSaBIT's email format?

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POSaBIT's email format typically follows the pattern of First@posabit.com. Find more POSaBIT email formats with LeadIQ.

How much funding has POSaBIT raised to date?

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As of February 2026, POSaBIT has raised $655K in funding. The last funding round occurred on Dec 21, 2023 for $655K.

When was POSaBIT founded?

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POSaBIT was founded in 2016.

POSaBIT

Software DevelopmentWashington, United States11-50 Employees

POSaBIT is a FinTech, working exclusively within the cannabis industry. We provide a best-in-class Point-of-Sale solution and are the leading cashless payment provider for cannabis retailers. We work tirelessly to build better financial services and transaction methods for merchants. We strive to bring cutting-edge software and technology to the cannabis industry, so that all merchants can have a safe and compliant set of services to solve the problems of a cash-only industry.

Section iconCompany Overview

Headquarters
15 Lake Bellevue Drive #101 Bellevue, Washington United States
Phone number
SIC Code
7389 - Business Services, Not Elsewhere Classified
Stock Symbol
POSAF
NAICS Code
5112 - Software Publishers
Founded
2016
Employees
11-50

Section iconFunding & Financials

  • $655K

    POSaBIT has raised a total of $655K of funding over 9 rounds. Their latest funding round was raised on Dec 21, 2023 in the amount of $655K.

  • $25M$50M

    POSaBIT's revenue is estimated to be in the range of $25M$50M

Section iconFunding & Financials

  • $655K

    POSaBIT has raised a total of $655K of funding over 9 rounds. Their latest funding round was raised on Dec 21, 2023 in the amount of $655K.

  • $25M$50M

    POSaBIT's revenue is estimated to be in the range of $25M$50M

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