L2 Ventures

L2 Ventures is a New York-based venture capital firm founded in 2019. The firm specializes in investing in growth-stage companies within the cannabis sector. L2 Ventures focuses on identifying and supporting businesses that are poised for expansion and innovation in this rapidly evolving industry.

Mattocks Swenson

General Partner and Founder

11 past transactions

Vangst

Series B in 2022
Vangst is a staffing service dedicated to the cannabis industry, providing a digital platform known as Vangsters that connects job seekers with employers in this sector. Founded in 2014 and headquartered in Denver, Colorado, Vangst offers a range of services including direct hire placements, on-demand employees, career fairs, and a job board tailored to cannabis-related roles. With a focus on matching candidates with the specific skills sought by cannabis and ancillary businesses, Vangst has earned the trust of leading brands in the industry. The company has successfully facilitated thousands of placements, leveraging its industry expertise and a strong community of talent to navigate the complex and evolving regulatory landscape. Vangst aims to streamline the recruitment process for both employers and job seekers within the cannabis market.

Cellibre

Series A in 2021
Cellibre, Inc. is a cellular agriculture company based in San Diego, California, founded in 2017. The company specializes in transforming cells into sustainable production systems for significant global products. By employing an organism-agnostic approach, Cellibre develops natural medicines inspired by various cultural therapies and derived from a diverse range of biological sources, including plants, animals, insects, and marine life. This innovative methodology enables the healthcare industry to produce cannabinoid-based medicines, promoting efficient treatment options.

Jane Technologies

Series C in 2021
Jane Technologies, Inc. operates an online marketplace for cannabis products through its platform, iheartjane.com, which offers consumers a safe and straightforward shopping experience. Founded in 2015 and based in Soquel, California, the company allows users to browse local cannabis products in real-time, comparing options by price, proximity, or popularity. This enables customers to place orders for pickup at local dispensaries without any delivery fees. Jane Technologies partners with dispensaries on a mutually beneficial model, charging stores only for completed orders at a lower cost than traditional industry software solutions.

LeafLink

Series C in 2021
LeafLink, Inc. is a business-to-business e-commerce platform designed to facilitate wholesale activities within the cannabis industry. Established in 2015 and headquartered in New York, LeafLink connects cannabis brands and retailers, providing tools to streamline ordering and improve communication. The platform includes features such as a centralized sales engine, customer relationship management (CRM) capabilities, and order management tools, allowing users to manage their inventory, track orders, and enhance brand visibility effectively. With access available 24/7 across various devices, LeafLink serves over 1,200 brands and 3,500 retailers across 22 territories in the U.S. and Canada. The company also maintains offices in major cities including Los Angeles, San Francisco, Denver, Austin, and Toronto, reinforcing its role as the industry standard for wholesale management in the cannabis sector.

LeafLink

Series C in 2020
LeafLink, Inc. is a business-to-business e-commerce platform designed to facilitate wholesale activities within the cannabis industry. Established in 2015 and headquartered in New York, LeafLink connects cannabis brands and retailers, providing tools to streamline ordering and improve communication. The platform includes features such as a centralized sales engine, customer relationship management (CRM) capabilities, and order management tools, allowing users to manage their inventory, track orders, and enhance brand visibility effectively. With access available 24/7 across various devices, LeafLink serves over 1,200 brands and 3,500 retailers across 22 territories in the U.S. and Canada. The company also maintains offices in major cities including Los Angeles, San Francisco, Denver, Austin, and Toronto, reinforcing its role as the industry standard for wholesale management in the cannabis sector.

BuildOps

Seed Round in 2019
BuildOps, Inc. provides a comprehensive software solution tailored for commercial HVAC, plumbing, and electrical contractors. Founded in 2018 and based in Santa Monica, California, the company’s platform integrates various functionalities, including dispatching, scheduling, customer management, and mobile invoicing. This all-in-one operational software streamlines business processes, enabling subcontractors to efficiently manage invoicing, billing, estimates, proposals, payments, workflows, and financial reporting. Designed by a team of subcontractors and engineers, BuildOps aims to enhance operational efficiency and profitability through its cloud-based technology, allowing users to improve their day-to-day operations while reducing costs.

Stillwater Brands

Series C in 2019
Stillwater Brands, Inc. specializes in the manufacturing and development of water-soluble Tetrahydrocannabinol (THC) solutions. The company offers a variety of products, including Ripple dissolvables, which are odorless, flavorless, calorie-free powder packets that dissolve instantly in food or beverages. Additionally, it provides Ripple Gummy Supplements, designed as adult gummy vitamins, and Ripple QuickSticks, which deliver precise portions of CBD and THC. Stillwater Brands sells its products through retail stores and an online platform, emphasizing quality and consistency in dosing to ensure a reliable and enjoyable experience for users. Founded in 2019, the company is headquartered in Broomfield, Colorado.

LeafLink

Series B in 2019
LeafLink, Inc. is a business-to-business e-commerce platform designed to facilitate wholesale activities within the cannabis industry. Established in 2015 and headquartered in New York, LeafLink connects cannabis brands and retailers, providing tools to streamline ordering and improve communication. The platform includes features such as a centralized sales engine, customer relationship management (CRM) capabilities, and order management tools, allowing users to manage their inventory, track orders, and enhance brand visibility effectively. With access available 24/7 across various devices, LeafLink serves over 1,200 brands and 3,500 retailers across 22 territories in the U.S. and Canada. The company also maintains offices in major cities including Los Angeles, San Francisco, Denver, Austin, and Toronto, reinforcing its role as the industry standard for wholesale management in the cannabis sector.

Cellibre

Convertible Note in 2019
Cellibre, Inc. is a cellular agriculture company based in San Diego, California, founded in 2017. The company specializes in transforming cells into sustainable production systems for significant global products. By employing an organism-agnostic approach, Cellibre develops natural medicines inspired by various cultural therapies and derived from a diverse range of biological sources, including plants, animals, insects, and marine life. This innovative methodology enables the healthcare industry to produce cannabinoid-based medicines, promoting efficient treatment options.

Proprio

Venture Round in 2019
Proprio, Inc. is a Seattle-based healthcare technology company founded in 2016, specializing in next-generation surgical navigation and imaging solutions. The company develops a platform that integrates machine learning, automated intelligence, and mixed-reality user interfaces to enhance surgical accuracy and streamline workflows. By utilizing advanced technologies such as light field computer vision and depth-sensing capabilities, Proprio's system replaces traditional surgical microscopes, navigation systems, and loupes, offering a more immersive 3D environment for medical professionals. This innovative approach aims to improve patient outcomes while allowing for greater adaptability in surgical practices. Proprio's vision extends beyond mere technological upgrades; the company seeks to revolutionize the medical field by harnessing software development techniques, thereby enabling rapid innovation and a more integrated use of data and artificial intelligence in surgery.

Harness Wealth

Seed Round in 2018
Harness Wealth operates a wealth management platform focused on enhancing clients' financial well-being. The company utilizes a unified data platform powered by proprietary technology to generate personalized balance sheets and financial opportunity profiles. This innovative approach allows clients to effectively monitor their financial activities and identify opportunities for growth. By connecting clients with financial advisors, estate lawyers, and tax professionals, Harness Wealth facilitates tailored advisory services that help individuals achieve their desired financial impact and build their legacy.
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