L2 VENTURES MANAGEMENT LLC
L2 VENTURES MANAGEMENT LLC is a Seed, Series A and Series C+ fund in the US writing $1M–$5M checks into Enterprise, Fintech, Healthcare, Marketplaces, cannabis, wholesale, software, commerce, lifestyle, hr-tech and internet.
- Stages
- Seed, Series A, Series C+
- Sectors
- Enterprise, Fintech, Healthcare, Marketplaces, cannabis, wholesale, software, commerce, lifestyle, hr-tech, internet
- Check size
- $1M–$5M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2019
Thesis
L2 Ventures is a New York City-based investment firm founded in 2019, specializing in growth-stage investments within the cannabis industry and adjacent sectors. Their core thesis is that the regulated cannabis industry fosters durable, capital-efficient business models. They target companies building essential infrastructure and software, including logistics, payments, compliance, staffing, and marketplace technology, with a focus on Series A through late-stage growth rounds. L2 Ventures primarily invests in the United States and often takes a lead investor role. Their sector focus includes cannabis, B2B, SaaS, wholesale, marketplace, software, commerce, and lifestyle industries, with additional interest in HR Tech, Fintech, Internet, and Health Tech. While specific AUM is not disclosed, their typical investment size ranges from $1 million to $5 million, with some sources indicating $3 million to $10 million-plus per deal. L2 Ventures, LLC is the legal name, and they are headquartered in New York, NY.
Common questions
Does L2 VENTURES MANAGEMENT LLC invest at the Seed stage?
Yes. L2 VENTURES MANAGEMENT LLC lists Seed, Series A and Series C+ among the stages it invests in.
What check size does L2 VENTURES MANAGEMENT LLC write?
L2 VENTURES MANAGEMENT LLC writes $1M–$5M checks.
Where does L2 VENTURES MANAGEMENT LLC invest?
L2 VENTURES MANAGEMENT LLC invests in the US.