L2 Ventures is a New York-based investment firm founded in 2021 by Mattocks Swenson. The firm focuses on growth-stage investments in the cannabis industry, targeting seed to late-stage companies within the cannabis, B2B, and marketplace sectors, with an emphasis on software, commerce, and lifestyle industries, primarily in the United States. L2 Ventures has a portfolio that includes companies such as Vangst, Jane Technologies, LeafLink, and Stillwater Brands.

The firm has made a total of 11 investments, with an average round size of $31 million, and has participated in approximately 2.75 rounds per year. Their investments span various industries, including cannabis, B2B, SaaS, wholesale, and marketplace sectors.