# LeafLink funding: rounds and investors

> LeafLink has raised $156M across 5 rounds since 2015. Investors include Lerer Hippeau, Thrive Capital and Founders Fund. Every round with its source.

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

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

# Who invested in *LeafLink*

5 rounds we have observed, with the 14 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.

B2B Cannabis

Valuation: $800M, Oct 2024

Funding summary Updated 26 Oct 2026

**$156M** raised across 5 rounds since 2015, from 5 sources

**$750K** Seed **$3.0M** Seed **$17M** Round **$35M** Series B **$100M** Series D

- **Latest round:** Series D, $100M Feb 2023
- **Step-up i:** 2.9×
- **Investors:** 14 (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.

2017 2019 2021 2023

**$750K** Seed

**$3.0M** Seed

**$17M** Round

**$35M** Series B

**$100M** Series D

- **First round:** Seed, $750K
- **Biggest round:** $100M
- **Usual gap between rounds:** 21 months

## The rounds

- **Feb 2023** Series D **$100M** *3 new* *2 returning* [Founders Fund](https://millionrounds.com/fund/founders-fund) [FJ Labs](https://millionrounds.com/fund/fj-labs) [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [9Yards Capital](https://millionrounds.com/fund/9yards-capital) Source recorded
- **Aug 2019** Series B **$35M** *5 new* *1 returning* [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Lead [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [L2 Ventures](https://millionrounds.com/fund/l2-ventures) [Nosara Capital](https://millionrounds.com/fund/nosara-capital) [Wisdom VC](https://millionrounds.com/fund/wisdom-vc) Thought Into Action Ventures Reported by Greenmarketreport
- **Nov 2017** Round **$17M** *2 new* [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) Nosara Capital/ Casa Verde Reported by Businessinsider
- **Apr 2017** Seed **$3.0M** *4 new* Lerer Hippeau Ventures/ Phyto Paul Ciriello Wan Li Zhu Wisdom Reported by FinSMEs
- **Nov 2015** Seed **$750K** No investor was named in the report. From a historical funding record SEC filing: $825K sold, first sale Nov 2015

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Ryan Smith** Executive Officer, Director i
- **Zachary Silverman** Executive Officer i

On the board, as filed i *Ian Loizeaux* *Jared Weinstein* *Ta Napoleon*

## 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** 2015 **Seed** 2017 **Round** 2017 **Series B** 2019 **Series D** 2023 [Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) L [Founders Fund](https://millionrounds.com/fund/founders-fund) [FJ Labs](https://millionrounds.com/fund/fj-labs) [9Yards Capital](https://millionrounds.com/fund/9yards-capital) [L2 Ventures](https://millionrounds.com/fund/l2-ventures) [Nosara Capital](https://millionrounds.com/fund/nosara-capital) [Wisdom VC](https://millionrounds.com/fund/wisdom-vc) Lerer Hippeau Ventures/ Phyto Nosara Capital/ Casa Verde

## Everyone who backed them

[Lerer Hippeau](https://millionrounds.com/fund/lerer-hippeau) VC firm **3** rounds

[Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Family office **2** rounds, led 1

[Founders Fund](https://millionrounds.com/fund/founders-fund) VC firm **1** round

[FJ Labs](https://millionrounds.com/fund/fj-labs) VC firm **1** round

[9Yards Capital](https://millionrounds.com/fund/9yards-capital) VC firm **1** round

[L2 Ventures](https://millionrounds.com/fund/l2-ventures) Private equity **1** round

[Nosara Capital](https://millionrounds.com/fund/nosara-capital) VC firm **1** round

[Wisdom VC](https://millionrounds.com/fund/wisdom-vc) VC firm **1** round

Lerer Hippeau Ventures/ Phyto no record of our own yet **1** round

Nosara Capital/ Casa Verde no record of our own yet **1** round

Paul Ciriello no record of our own yet **1** round

Thought Into Action Ventures no record of our own yet **1** round

Wan Li Zhu no record of our own yet **1** round

Wisdom no record of our own yet **1** round

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

## Also claim to have backed them

These 8 firms list LeafLink 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.

[Interplay](https://millionrounds.com/fund/interplay) Family office Per its own site

[Casa Verde Capital](https://millionrounds.com/fund/casa-verde-capital) VC firm Per its own site

[Muse Capital](https://millionrounds.com/fund/muse-capital) VC firm Per its own site

[TIA Ventures](https://millionrounds.com/fund/tia-ventures) VC firm Per its own site

[Ingenii Capital](https://millionrounds.com/fund/ingenii-capital) Growth equity Per its own site

[Bail Capital LLC](https://millionrounds.com/fund/bail-capital-llc) Investor Per its own site

[J Heart Ventures](https://millionrounds.com/fund/j-heart-ventures-2) VC firm Per its own site

[KI capital GmbH](https://millionrounds.com/fund/ki-capital-gmbh) Corporate VC Per its own site

## Quick answers about LeafLink

### Who invested in LeafLink?

LeafLink's investors include Lerer Hippeau, Thrive Capital, Founders Fund, FJ Labs and 9Yards Capital, and 9 more on record.

### How much has LeafLink raised?

LeafLink has raised $156M across 5 rounds since 2015.

### When did LeafLink last raise?

LeafLink's most recent round was a Series D of $100M in Feb 2023.

### What was LeafLink's biggest round?

Its most recent round, $100M in Feb 2023, is also its largest on record.

### Who backed LeafLink first?

LeafLink's first round on record, in Apr 2017, was backed by Lerer Hippeau Ventures/ Phyto, Paul Ciriello and Wan Li Zhu and 1 others.

### What stage is LeafLink at?

LeafLink's latest named round is a Series D, in Feb 2023.

### Where is LeafLink based?

LeafLink is based in the United States.

### Who led LeafLink's rounds?

Thrive Capital led the Series B in 2019.

## Companies like LeafLink

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

[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)[**Different** $48M · Oct 2026](https://millionrounds.com/company/different)[**Dapta** $6.0M · Oct 2026](https://millionrounds.com/company/dapta)[**Amani Therapeutics** $60M · Oct 2026](https://millionrounds.com/company/amani-therapeutics)[**Relay** $207M · Oct 2026](https://millionrounds.com/company/relay)[**Bash Capital1** $5.7M · Sept 2026](https://millionrounds.com/company/bash-capital1)

## Find investors like these

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