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Salveo Capital

Venture capital

Northbrook · Seed–Late Stage · 9 people tracked

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Investment thesis

Salveo Capital invests in the legal cannabis sector, aiming to build long-term, sustainable companies that help reshape the industry's image and foster a vibrant market. The firm emphasizes an institutional-quality approach across company vetting, investment structures and portfolio management.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Late Stage
HQ
Northbrook, Illinois, US
Instruments
Equity
Founded
2016
Tracked investments
21

Team · 9 people

from the firm's website & public directories

What they invest in

from 15 of 21 portfolio companies

Consumer ×7Retail Tech ×3Biotech ×2Direct to Consumer ×2Healthtech ×2Medical Devices ×2SaaS ×2Wellness & Fitness ×2

HQs:United States×7Canada×1

Investments · 21 tracked

founders shown can be your intro path

By year:2019 · 12016 · 12 dated

Ascendwellnessascendwellness.cominOTC: AAWH

Ascend Wellness Holdings is a vertically integrated cannabis company that cultivates, manufactures, and retails cannabis products through company-owned and partner-operated stores across the U.S., with operations concentrated in limited-license markets in the Northeast and Midwest regions.

ConsumerMorristown, US

Abner Kurtin(Executive Officer, Director)Roman Nemchenko(Executive Officer)Samuel Brill(Executive Officer, Director)Frank Perullo(Director)

BoardScott Swid(Director)Emily Paxhia(Manager)

Cannabistrycannabistry.com
Codasignaturecodasignature.com

Coda Signature produces cannabis-infused edibles, including gummies with fruit flavors and premium chocolates, marketed as consumer products.

Consumer

Enjoywurkenjoywurk.comin

Würk provides payroll, HR, and compliance management software and managed services designed for compliance-centric industries such as cannabis and gaming.

HR TechSaaS

Flowkanaflowkana.com

Flowkana makes cannabis wellness products—including gummies and pre-rolls—formulated with specific cannabinoid ratios plus adaptogens and nootropics targeting effects such as sleep, energy, relaxation, and focus.

ConsumerDirect to ConsumerWellness & Fitness

Frontrangebiofrontrangebio.com
Grassrootscannabisgrassrootscannabis.com

Grassroots Cannabis cultivates and sells premium cannabis flower, pre-rolls, and concentrates with curated genetics and craft strains.

ConsumerChicago, US

Headsetin𝕏

Data & InfrastructureSeattle, US

David Cyrus Scott(Executive Officer, Director)Scott Vickers(Executive Officer, Director)Daniel Wassel(Executive Officer)

BoardNarbe Alexandrian(Director)Nico Richardson(Director)Michael Metzger(Director)

Hellofyllohellofyllo.com

Fyllo is a contextual targeting platform that combines datasets with audience segmentation capabilities for digital marketing and media campaigns.

AdTechMarketing Tech

Herblherbl.comJan 2019

Santa Barbara, US

Michael Beaudry(Executive Officer)in

Kelsie Biotech Chemicals R&Dkel-sie.com

KelSie Biotech is a biotechnology company developing and commercializing drug-delivery technologies licensed from Sievers Biotech, including a Bubble Drying Process, sublingual wafers, and dry powder inhalable products.

BiotechHealthtechMedical DevicesEnglewood, US

Cameron F. Keluche(President & CEO)Christie Spencer(Secretary and Chief Financial Officer of Issuer)William J. Green(Director)Linda S. Sonntag(Director)Ben Kaanta(Executive Chairperson)Steven Addis(Chief Marketing Officer)

Leaflogixleaflogix.comin𝕏

LeafLogix is no longer available as a standalone product.

Retail Tech

Mplantproductionsmplantproductions.com
Myeqmyeq.com

EQ is a consumer brand offering CBD and low-dose THC hemp-derived products, marketed primarily toward women who use cannabis for wellness and care.

ConsumerDirect to ConsumerWellness & Fitness

Marcy Capron(Founder)in

PathogenDxpathogendx.comin𝕏Apr 2016

PathogenDx provides molecular pathogen detection assays using proprietary D3 Technology for rapid, multiplexed identification of bacterial, fungal, and viral pathogens in food, agricultural, clinical, and environmental samples.

BiotechFoodTechMedical DevicesScottsdale, US

Michael Hogan(CSO)Milan Patel(CEO)Eric Lachance(COO)

Purissimapurissima.bio
Sclabssclabs.comin𝕏

SC Labs operates multi-state cannabis and hemp testing laboratories, providing potency, safety, and compliance testing services for cannabis and hemp products.

AgTechHealthtech

Shopharborsideshopharborside.comin

Harborside is a cannabis dispensary and retailer operating across the San Francisco Bay Area, offering flower, concentrates, edibles, and other cannabis products, with both in-store shopping and delivery services.

ConsumerRetail TechOakland, US

Tokyosmoketokyosmoke.com

Tokyo Smoke is a cannabis retailer operating physical stores where customers can shop in-store or order online for store pick-up (Click and Collect) and home delivery.

ConsumerE-commerceRetail Tech

Treeztreez.io

Treez provides automation software for cannabis retailers that reduces manual work in order management and invoice processing.

SaaS

Trybakertrybaker.com

Exits · 1

IPOs and acquisitions across the tracked portfolio

AscendwellnessOTC: AAWH

Frequently asked questions

What stage does Salveo Capital invest at?
Salveo Capital invests at the Seed, Series A, Growth, Late Stage stages.
What sectors does Salveo Capital focus on?
Salveo Capital focuses on AgTech, Biotech, Healthtech, SaaS, Wellness & Fitness.
Where is Salveo Capital located?
Salveo Capital is headquartered in Northbrook, US.

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