What is LeafLink?
Founded in 2016 and headquartered in New York City, LeafLink operates as a sophisticated e-commerce marketplace designed to streamline the wholesale cannabis supply chain. The platform serves as a centralized hub connecting licensed cannabis manufacturers and retailers, facilitating seamless product discovery, order management, and logistics coordination. By digitizing traditionally fragmented procurement processes, LeafLink has established itself as a foundational layer in the cannabis technology ecosystem, enabling businesses to optimize inventory management and improve operational efficiency in a highly regulated market environment.
How much funding has LeafLink raised?
LeafLink has raised a total of $442.6M across 10 funding rounds:
Multiple Rounds
$2.6M
Angel/Seed
$3M
Series A
$10M
Other Financing Round
$2M
Series B
$35M
Debt
$250M
Series C
$40M
Series D
$100M
Angel/Seed (2015): $750K with participation from NY angel investors
Other Financing Round (2015): $1M led by Christopher Norris, Brand New Matter, and TIA Ventures
Debt (2015): $825K, investors not publicly disclosed
Angel/Seed (2017): $3M featuring Wand Partners, Lerer Hippeau Ventures, Phyto Partners, and Casa Verde Capital
Series A (2017): $10M backed by Lerer Hippeau Ventures, Nosara Capital, and Casa Verde Capital
Other Financing Round (2019): $2M with participation from Canopy Rivers
Series B (2019): $35M led by Wisdom VC, L2 Ventures, Nosara Capital, Lerer Hippeau, Thought Into Action Ventures, and Thrive Capital
Debt (2020): $250M, investors not publicly disclosed
Series C (2020): $40M featuring Nosara Capital, Founders Fund LLC, Thrive Capital, and Lerer Hippeau Ventures
Series D (2023): $100M backed by CPMG, Nosara Capital, and L2 Ventures
Key Investors in LeafLink
Lerer Hippeau Ventures
A New York-based venture capital firm that invests in innovative startups across enterprise and consumer landscapes, leveraging their expertise as former operators to foster long-term growth.
Casa Verde Capital
A leading venture capital firm focusing exclusively on the cannabis industry, targeting scalable and capital-efficient businesses led by world-class management teams.
Thrive Capital
A New York-based investment firm that primarily focuses on internet and software investments, providing strategic capital to high-growth technology companies.
What's next for LeafLink?
Looking ahead, the infusion of capital from the latest funding round positions LeafLink to further solidify its market dominance and expand its service offerings. The company is expected to leverage these resources to enhance its proprietary software suite, potentially integrating deeper financial services and advanced analytics to support its growing user base. As the cannabis industry continues to evolve toward broader legalization and market maturity, LeafLink's strategic focus will likely remain on scaling its marketplace infrastructure, improving cross-state logistics, and maintaining its competitive advantage as the primary B2B gateway for cannabis commerce.
See full LeafLink company page
