Total amount raised
$147 Millions
Latest funding date
02/01/2020
Location
Level has been making strides in the financial services sector, offering a range of credit cards and personal loans designed to meet individual needs. The company aims to simplify everyday financial tasks with flexible choices and friendly support.
Keep reading to explore the intricacies of Level's journey and the innovative solutions they provide to help you move financially forward.
What Is Level?
Level operates in the financial services industry, offering credit cards and personal loans to help individuals manage their finances more effectively. The company is headquartered at 222 W Merchandise Mart Plaza, Suite 900, Chicago, IL 60654.
Level is committed to providing flexible financial solutions, simple processes, and friendly support. They emphasize customer privacy and security, and offer a mobile app for easy account management. Additionally, Level provides educational resources through their blog and maintains a strong presence on social media.
How Much Funding Has Level Raised?
- Seed Round
- Amount Raised: $2.5M
- Date: September 2016
- Lead Investors: Eniac Ventures
- Seed Round
- Amount Raised: $8.5M
- Date: October 2017
- Lead Investors: Eniac Ventures
- Venture Round
- Amount Raised: $16M
- Date: November 2018
- Lead Investors: Eniac Ventures
- Series A
- Amount Raised: $20M
- Date: May 2019
- Lead Investors: New Enterprise Associates
- Debt Financing
- Amount Raised: $100M
- Date: February 2020
- Lead Investors: Neuberger Berman
In total, Level has raised $147M across all funding rounds.
Key Investors
- Neuberger Berman
- Details: Neuberger Berman is a private, independent, employee-owned investment management firm. Founded in 1939, it manages a range of investment strategies for institutions and individuals.
- Investment Focus Areas: Equities, fixed income, private equity.
- Notable Investments: Not publicly disclosed.
- New Enterprise Associates
- Details: New Enterprise Associates (NEA) is a global venture capital firm. It focuses on helping entrepreneurs build transformational businesses across multiple stages and sectors.
- Investment Focus Areas: Technology, healthcare, energy.
- Notable Investments: Robinhood, Coursera, Duolingo.
- Eniac Ventures
- Details: Eniac Ventures is a seed-stage venture capital firm. It partners with founders to build the next generation of world-class companies.
- Investment Focus Areas: Mobile technology, artificial intelligence, consumer products.
- Notable Investments: Airbnb, SoundHound, TapCommerce.
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