About Leaf
Leaf is a Financial Services company based in Cambridge (United States) founded in 2011, and was acquired by Heartland Payment Systems in August 2014. Point of Sale hardware and software solution. Leaf has raised $26 million across 2 funding rounds from investors including Heartland Payment Systems. Its focus areas include FinTech, Payments, Business Payments and POS Payments. Its competitors include Clover, Presto and JetPay; 3 of its 3 listed competitors have raised funding.
Company details
Leaf provides its clients with a tablet computer built specifically for Point of Sale (POS). Offers a cloud-based software tool for business management, analytics, and customer engagement. With technology including a magnetic stripe card reader, near field communication (NFC) and front rear-facing cameras, it is capable of accepting payments via traditional credit cards, gift cards, next-generation payment methods such as PayPal or LevelUp, and a number of mobile wallets. Developers could also create customized apps that cater to specific business needs or vertical markets such as payroll and inventory management, restaurant reservation systems or salon appointment tools. From October 2015, the company will shift core focus from payments to analytics and will stop providing services to mPoS users when the new regulations pertaining to chip and PIN cards come into enforcement.
- Headquarters Cambridge, United States
- Stage Acquired
- SectorsFinancial Services
- Website leaf.me
- Social LinkedIn Facebook
- Acquired by Heartland Payment Systems (Aug 2014)
- Total Equity Funding$26M (USD)
in 2 rounds
- Latest Funding Round$20M (USD), Series B
Sep 2013
- Investors
- Acquired byHeartland Payment Systems
(Aug 2014)
Funding Insights of Leaf
Leaf has successfully raised a total of $26M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $20 million completed in September 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $26M
- Total Rounds 2
- Last Round Series B — $20M
- First Round $6M
(Jun 2012)
- Investors Count 1
All 2 funding rounds of Leaf with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2013 | $20M | Series B | – | – | |
| Jun 2012 | $6M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Leaf
Leaf has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Heartland Payment Systems.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Payment processing, POS and Gift Card services | 1997 | heartlandpaymentsystems.com | Princeton, United States |
Investor details for Leaf
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Timeline of Leaf
4 dated milestones of Leaf across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Leaf is founded.
- Funding First funding round of $6.0M.
- Funding Latest funding round, Series B, of $20.0M.
- Exit Acquired by Heartland Payment Systems.
Competitors of Leaf
Leaf has 3 listed competitors in our database, 3 of them funded. They include Clover, Presto and JetPay.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| clover.com | 2010 | Mountain View, United States | $8.75M | 6 | Cloud-based mPOS system for small business operations is offered. | |
| presto.com | 2008 | San Carlos, United States | $82.62M | 137 | Drive-through automation solutions for restaurants are provided using AI. | |
| jetpay.com | 2011 | Carrollton, United States | $18.32M | 228 | Payment processing services for e-commerce and mobile transactions are offered. |
Detailed competitors of Leaf
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Top companies in Payments & Remittance Platforms
3 companies that operate in the same segment as Leaf (Payments & Remittance Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Payment processing and card issuance solutions are provided for businesses. | 2009 | San Francisco, California, United States | USD 9.81 B | 16,622 | ||
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | 6,209 |
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Related news about Leaf
Complete news archive for Leaf
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Frequently Asked Questions about Leaf
Leaf was founded in 2011 and raised its 1st funding round 1 year after it was founded.
Leaf is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Leaf is a funded company, having raised a total of $26M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6M, raised on Jun 2012.
Leaf provides its clients with a tablet computer built specifically for Point of Sale (POS). Offers a cloud-based software tool for business management, analytics, and customer engagement. With technology including a magnetic stripe card reader, near field communication (NFC) and front rear-facing cameras, it is capable of accepting payments via traditional credit cards, gift cards, next-generation payment methods such as PayPal or LevelUp, and a number of mobile wallets. Developers could also create customized apps that cater to specific business needs or vertical markets such as payroll and inventory management, restaurant reservation systems or salon appointment tools. From October 2015, the company will shift core focus from payments to analytics and will stop providing services to mPoS users when the new regulations pertaining to chip and PIN cards come into enforcement.
Leaf has 1 investor. Key investors include Heartland Payment Systems.
Yes. Leaf was acquired by Heartland Payment Systems in August 2014.