What is LeafLink?
Founded in 2016 and headquartered in New York City, LeafLink operates as a comprehensive e-commerce marketplace. It serves as a critical link connecting licensed cannabis manufacturers and retailers, facilitating access to products and essential shipping solutions. The platform streamlines operations within the complex cannabis supply chain, addressing a significant market need for efficient B2B transactions in a rapidly evolving industry. LeafLink's focus on enterprise-level solutions positions it as a key player in the cannabis tech sector.
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 Nosara Capital, Lerer Hippeau Ventures, and Casa Verde Capital
Other Financing Round (2019): $2M with participation from Canopy Rivers
Series B (2019): $35M led by Wisdom VC, Lerer Hippeau, L2 Ventures, Thrive Capital, Nosara Capital, and Thought Into Action Ventures
Debt (2020): $250M, investors not publicly disclosed
Series C (2020): $40M featuring Nosara Capital, Lerer Hippeau Ventures, Founders Fund LLC, and Thrive Capital
Series D (2023): $100M backed by CPMG, Nosara Capital, and L2 Ventures
Key Investors in LeafLink
Lerer Hippeau Ventures
Lerer Hippeau is a venture capital firm focused on investing in innovative startups, particularly in the early stages such as Seed and Pre-Seed rounds. They aim to support founders with great ideas who are willing to tackle challenging problems, fostering long-term success through their expertise as former operators. The firm invests across both enterprise and consumer landscapes, embodying a community spirit reminiscent of New York's audacity and resilience. Their portfolio reflects a commitment to redefining and creating new industry categories.
Casa Verde Capital
Casa Verde (CV) is the leading venture capital firm focusing exclusively on the cannabis industry. As both the domestic and international markets continue to evolve and mature, CV maintains a view that cannabis will be among the most compelling investment themes of the company's generation. The fund invests in scalable, capital efficient businesses, led by world-class management teams, addressing long-term market needs.
Nosara Capital
Nosara Capital is a venture capital firm that specializes in investing in online marketplaces around the world. The firm focuses on identifying and supporting innovative marketplace businesses. With a global investment strategy, Nosara Capital aims to foster growth in the online marketplace sector. Their intended clients include entrepreneurs and startups looking for funding to scale their marketplace ventures.
What's next for LeafLink?
The recent major strategic investment of $100M signals LeafLink's intent to further scale its operations and enhance its technological infrastructure. This capital infusion is expected to fuel expansion into new markets, bolster product development, and strengthen its competitive advantage. As the cannabis industry matures, LeafLink's role as a central marketplace is poised for significant growth, leveraging this latest backing to solidify its leadership position and drive further innovation in cannabis commerce.
See full LeafLink company page
