LeafLink, Inc.
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LeafLink, Inc. - overview
Established
2015
Location
New York, NY, US
Primary Industry
Software
About
LeafLink, Inc. is a leading wholesale e-commerce platform in the cannabis industry, facilitating seamless connections between buyers and sellers through innovative digital tools. Founded in 2015 and headquartered in New York, US, LeafLink, Inc. operates as a comprehensive wholesale platform for the cannabis industry.
The company was co-founded by Ryan Smith and Zachary Silverman. In its journey, LeafLink has successfully raised a total of USD 125. 00 mn across several funding rounds, with the most recent being a Series D round on February 1, 2023, co-led by investors including CPMG, Liquid 2 Ventures, Nosara Capital, Thrive Capital, and GLOBAL TIGER. The company has completed a total of 9 deals to date.
LeafLink provides a robust platform connecting cannabis brands and retailers with a variety of digital tools to manage wholesale transactions. Their services include product listing, order tracking, payment management, and compliance automation, catering to a wide range of cannabis products such as flower, pre-rolls, vapes, edibles, and accessories. With operations in 30 distinct markets, primarily in the US, LeafLink has built a substantial user base with over 12,000 active sellers and buyers since its inception. LeafLink generates revenue through B2B wholesale transactions between cannabis brands and retailers, processing over 5 million transactions annually with a total transaction value exceeding USD 1 billion.
Retailers can utilize LeafLink’s services for free, while brands engage by listing products and managing orders, benefiting from analytics that drive sales. The company applies various pricing strategies aimed at enhancing operational efficiency and revenue flow within the cannabis marketplace. Following their successful Series D funding round in January 2023, LeafLink plans to leverage the USD 125. 00 mn raised to expand its product offerings and enhance its platform.
The company aims to introduce new products that are currently being designed, although specific release dates have not been disclosed. Additionally, LeafLink is focused on expanding its presence into new markets, with specific targets to be announced in the upcoming future. This strategic use of recent funding reflects the company's commitment to growth and innovation in the growing cannabis industry.
Current Investors
Lerer Hippeau Ventures, Casa Verde Capital, Phyto Partners
Primary Industry
Software
Sub Industries
Alternative Medicine, Sales & Marketing Software, Customer Relationship Management, Analytics & Performance Software
Website
www.leaflink.com
Verticals
Cannabis/Medical Marijuana
Company Stage
Series D
Total Amount Raised
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