Total amount raised
$115.3 Million
Latest funding date
5/1/2017
Location
LevelUp raised funding across several rounds before it was acquired. The Boston mobile payments and loyalty platform counted Google Ventures, Highland Capital Partners, Balderton Capital and JPMorgan Chase among its investors.
What Is LevelUp?
LevelUp is a company that focuses on enhancing user experiences through innovative solutions. LevelUp was a mobile payments, ordering and loyalty platform based in Boston, created by the startup SCVNGR and founded by Seth Priebatsch.
Its technology powered parts of the Chase Pay app, and about one million people used the app each month. Grubhub completed its acquisition of LevelUp on September 13, 2018.
How Much Funding Has LevelUp Raised?
- Pre-Seed
- Amount Raised: USD 50,000
- Date: June 2008
- Lead Investors: Not specified
- Series A
- Amount Raised: USD 750,000
- Date: August 2009
- Lead Investors: Highland Capital Partners
- Series B
- Amount Raised: USD 4,000,000
- Date: January 2010
- Lead Investors: Google Ventures
- Series C
- Amount Raised: USD 15,000,000
- Date: January 2011
- Lead Investors: Balderton Capital
- Series D
- Amount Raised: USD 12,000,000
- Date: June 2012
- Lead Investors: Not specified
- Series Unknown
- Amount Raised: USD 21,000,000
- Date: August 2012
- Lead Investors: Not specified
- Series Unknown
- Amount Raised: USD 7,500,000
- Date: September 2013
- Lead Investors: Not specified
- Series Unknown
- Amount Raised: USD 5,000,000
- Date: April 2016
- Lead Investors: Not specified
- Series Unknown
- Amount Raised: USD 37,000,000
- Date: May 2017
- Lead Investors: JP Morgan Chase
- Debt Financing
- Amount Raised: USD 13,000,000
- Date: May 2017
- Lead Investors: CentroCredit Bank
LevelUp has raised a total of USD 115,300,000 across all funding rounds.
Key Investors
- JP Morgan Chase
- Details: JP Morgan Chase is a leading global financial services firm with operations worldwide. It offers investment banking, financial services for consumers and businesses, financial transaction processing, asset management, and private equity.
- Investment Focus Areas: Financial services, technology, healthcare
- Notable Investments: Uber, Airbnb, Robinhood
- CentroCredit Bank
- Details: CentroCredit Bank is a Russian commercial bank that provides a range of financial services, including corporate banking, retail banking, and investment banking. It is known for its strong presence in the Russian financial market.
- Investment Focus Areas: Corporate banking, retail banking, investment banking
- Notable Investments: Not publicly disclosed
- Balderton Capital
- Details: Balderton Capital is a London-based venture capital firm that invests in early-stage technology companies. It has a strong track record of supporting innovative startups across Europe.
- Investment Focus Areas: Technology, fintech, e-commerce
- Notable Investments: Revolut, Citymapper, The Hut Group
- Google Ventures
- Details: Google Ventures, also known as GV, is the venture capital arm of Alphabet Inc. It provides seed, venture, and growth-stage funding to technology companies.
- Investment Focus Areas: Technology, life sciences, transportation
- Notable Investments: Slack, Stripe, Uber
- Highland Capital Partners
- Details: Highland Capital Partners is a global venture capital firm with offices in the United States and Europe. It focuses on early-stage investments in technology and healthcare companies.
- Investment Focus Areas: Technology, healthcare, consumer products
- Notable Investments: 23andMe, Rent the Runway, Malwarebytes
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