Denver-based Wurk raises $2M in new funding

DENVER — Wurk, a payroll-services and business-compliance firm targeting the marijuana industry, has raised $2 million in funding.

The Denver Business Journal reports that Poseiden Asset Management led Wurk’s latest round of funding, alongside Photo Partners, Salveo Capital and The Arcview Investor Network.

Wurk recently graduated from the CanopyBoulder cannabis-startup accelerator and is attempting to scale up more rapidly because of emerging cannabis markets and compliance requirements by the new Trump Administration. Wurk has now raised a total of $3 million.


 

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