What is LeafLink?
LeafLink functions as a comprehensive B2B e-commerce platform designed to streamline the supply chain for the cannabis industry. By providing a centralized marketplace, the company facilitates transactions between manufacturers and retailers, addressing critical needs such as product discovery, order management, and shipping. This digital infrastructure is vital for an industry often navigating complex regulatory landscapes and logistical challenges. The company's focus on creating an efficient and reliable ecosystem positions it as a key player in the professionalization of the cannabis trade.
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 TIA Ventures, Christopher Norris, and Brand New Matter
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, Thought Into Action Ventures, Nosara Capital, and Thrive Capital
Debt (2020): $250M, investors not publicly disclosed
Series C (2020): $40M featuring Lerer Hippeau Ventures, Nosara Capital, Founders Fund LLC, and Thrive Capital
Series D (2023): $100M backed by Nosara Capital, L2 Ventures, and CPMG
Key Investors in LeafLink
Casa Verde Capital
Casa Verde Capital is a venture capital firm exclusively focused on the cannabis industry, investing in scalable businesses led by world-class management teams to address long-term market needs.
Lerer Hippeau Ventures
Lerer Hippeau is a venture capital firm that invests in innovative startups, particularly in early stages, supporting founders with strong ideas and operational expertise across enterprise and consumer sectors.
Thrive Capital
Thrive Capital is an investment venture capital company based in New York, primarily dealing in internet and software investments.
What's next for LeafLink?
With substantial enterprise-level backing, LeafLink is poised for accelerated expansion and innovation. The recent capital infusion is expected to fuel further development of its technology platform, enhance its market reach, and potentially explore new service verticals within the cannabis ecosystem. Strategic investments of this magnitude often signal a company's intent to solidify its market leadership, optimize operational efficiencies, and potentially pursue strategic acquisitions or partnerships. LeafLink's continued growth will likely be closely watched as a barometer for the broader cannabis industry's economic development and its increasing integration into mainstream commerce.
See full LeafLink company page
