# Leaf funding: rounds and investors

> Leaf has raised $35M across 6 rounds since 2012. Investors include CJV Capital, Techstars and National Science Foundation. Every round with its source.

Source: https://millionrounds.com/company/leaf (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Leaf*

6 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cannabis

Funding summary Updated 26 Oct 2026

**$35M** raised across 6 rounds since 2012, from 6 sources

**$6.0M** Seed **$20M** Venture **$20K** Round **$2.0M** Seed **$5.7M** Round **$855K** Grant

- **Latest round:** Grant, $855K Jan 2022
- **Biggest round:** $20M Venture · Sept 2013
- **Investors:** 9 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2012 2014 2016 2018 2020 2022

**$6.0M** Seed

**$20M** Venture

**$20K** Round

**$2.0M** Seed

**$5.7M** Round

**$855K** Grant

- **First round:** Seed, $6.0M
- **Biggest round:** $20M
- **Usual gap between rounds:** 18 months

## The rounds

- **Jan 2022** Grant **$855K** *5 new* [Techstars](https://millionrounds.com/fund/techstars) [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Small Business Innovation Research](https://millionrounds.com/fund/small-business-innovation-research) [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) [Colorado Office of Economic Development and International Trade](https://millionrounds.com/fund/colorado-office-of-economic-development-and-international-tr) Source recorded SEC filing: $5.1M sold, first sale Dec 2021
- **Jul 2021** Round **$5.7M** *1 new* [Seedinvest](https://millionrounds.com/fund/seedinvest-2) Source recorded
- **Aug 2016** Seed **$2.0M** *1 new* CJV Capital Lead Reported by TechCrunch
- **Apr 2015** Round **$20K** *1 new* [CanopyBoulder](https://millionrounds.com/fund/canopyboulder) From a historical funding record
- **Sept 2013** Venture **$20M** *1 new* [Heartland Payment Systems](https://millionrounds.com/fund/heartland-payment-systems) Reported by finsmes.com
- **Jan 2012** Seed **$6.0M** No investor was named in the report. Reported by allthingsd.com

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2012 **Venture** 2013 **Round** 2015 **Seed** 2016 **Round** 2021 **Grant** 2022 CJV Capital L [Techstars](https://millionrounds.com/fund/techstars) [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Seedinvest](https://millionrounds.com/fund/seedinvest-2) [Small Business Innovation Research](https://millionrounds.com/fund/small-business-innovation-research) [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) [Colorado Office of Economic Development and International Trade](https://millionrounds.com/fund/colorado-office-of-economic-development-and-international-tr) [CanopyBoulder](https://millionrounds.com/fund/canopyboulder) [Heartland Payment Systems](https://millionrounds.com/fund/heartland-payment-systems)

## Everyone who backed them

CJV Capital no record of our own yet **1** round, led 1

[Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[Seedinvest](https://millionrounds.com/fund/seedinvest-2) VC firm **1** round

[Small Business Innovation Research](https://millionrounds.com/fund/small-business-innovation-research) Government **1** round

[Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) Growth equity **1** round

[Colorado Office of Economic Development and International Trade](https://millionrounds.com/fund/colorado-office-of-economic-development-and-international-tr) Government **1** round

[CanopyBoulder](https://millionrounds.com/fund/canopyboulder) Accelerator **1** round

[Heartland Payment Systems](https://millionrounds.com/fund/heartland-payment-systems) Family office **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=leaf).

## Also claim to have backed them

These 5 firms list Leaf as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[CDP Venture Capital](https://millionrounds.com/fund/cdp-venture-capital) VC firm Per its own site

[Hyde Park Angels](https://millionrounds.com/fund/hyde-park-angels) Angel network Per its own site

[Artemis Growth Partners](https://millionrounds.com/fund/artemis-growth-partners) Private equity Per its own site

[HPA](https://millionrounds.com/fund/hpa) VC firm Per its own site

[Whysol Investments](https://millionrounds.com/fund/whysol-investments) Private equity Per its own site

## Quick answers about Leaf

### Who invested in Leaf?

Leaf's investors include CJV Capital, Techstars, National Science Foundation, Seedinvest and Small Business Innovation Research, and 4 more on record.

### How much has Leaf raised?

Leaf has raised $35M across 6 rounds since 2012.

### When did Leaf last raise?

Leaf's most recent round was a Grant of $855K in Jan 2022.

### What was Leaf's biggest round?

Leaf's largest round on record is $20M (Venture), in Sept 2013.

### Who backed Leaf first?

Leaf's first round on record, in Sept 2013, was backed by Heartland Payment Systems.

### What stage is Leaf at?

Leaf's latest named round is a Grant, in Jan 2022.

### Where is Leaf based?

Leaf is based in the United States.

### Who led Leaf's rounds?

CJV Capital led the Seed in 2016.

## Companies like Leaf

In the same sector, and raised in the last eighteen months.

[**Cresco Labs** $150M · Jun 2026](https://millionrounds.com/company/cresco-labs)[**Parallel** $146M · Jun 2026](https://millionrounds.com/company/parallel)[**Pax** $480M · May 2026](https://millionrounds.com/company/pax)[**Natuur Brands** $290K · Apr 2026](https://millionrounds.com/company/natuur-brands)[**Nabis** $10M · Jan 2026](https://millionrounds.com/company/nabis)[**Flora Growth Corp.** $401M · Sept 2025](https://millionrounds.com/company/flora-growth-corp)

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