Lev

Lev

CRE debt financing platform and matchmaking

Overview

Lev Capital provides a digital platform for commercial real estate debt financing that matches borrowers with suitable lenders to speed up transactions and improve outcomes. The platform acts as an operating system for CRE businesses, offering tools to build lender relationships, manage deals, and access market insights through interactive dashboards. Transactions are facilitated through the platform, which earns revenue from transaction fees and premium features. Lev Capital differentiates itself by combining matchmaking with relationship-management tools and real-time market analytics in one ecosystem, helping lenders find the best-fit borrowers and borrowers connect with the right lenders. The company’s goal is to streamline the CRE debt financing process, increase certainty of execution, drive deal flow, and become an essential, easy-to-use platform for both borrowers and lenders.

About Lev

Simplify's Rating
Why Lev is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Enterprise Software

Fintech

Financial Services

Real Estate

Company Size

51-200

Company Stage

Series B

Total Funding

$214.8M

Headquarters

New York City, New York

Founded

2019

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Simplify's Take

What believers are saying

  • Raised $200M equity from Cross River, NFX, Canaan Partners.
  • Secured $100M debt financing from Cross River in 2022.
  • Expanded AI tools September 10, 2024, for debt brokers.

What critics are saying

  • VTS AI tools erode Lev's share among VTS users in 12-24 months.
  • $1.5T CRE loans mature by 2026, slashing Lev's transaction volume.
  • Cross River $100M debt covenants breach forces repayment in 18-24 months.

What makes Lev unique

  • Lev matches borrowers with 4,000+ lenders via AI-powered platform.
  • Launched Pipeline Management tool June 4, 2024, replacing spreadsheets.
  • Facilitates $3B+ monthly transactions with CRM and market insights.

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Funding

Total Funding

$214.8M

Above

Industry Average

Funded Over

6 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$70M
Lev
$100M
ClickUp

Benefits

Opportunity to own your career

Unlimited PTO

Rich insurance plan coverage for employees and their dependents

Support in giving back to community through Daffy

For those who work in the office - a positive vibe and healthy food

Support for your overall wellness through different tools

Opportunity to work with really nice and smart people

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-4%
PR Newswire
Jun 4th, 2024
Lev Expands Suite Of Cre Services With Launch Of Ai-Powered Pipeline Management Tool

New tool integrated within the company's rapidly expanding digital financing platformNEW YORK, June 4, 2024 /PRNewswire/ -- Lev, the digital financing platform for commercial real estate, today announced the launch of Lev Pipeline Management, a powerful tool that allows sponsors to more easily track and manage potential acquisition targets. The new product is designed to replace spreadsheets or expensive software solutions and is available for free as part of Lev's AI-powered operating system for CRE.Through the new tool, sponsors can add details of properties they are evaluating, including supporting documents, key contacts, dates, and internal notes. The pipeline can then be shared seamlessly across acquisition teams allowing for more effective and streamlined collaboration.Once a signed LOI or PSA has been received, sponsors can convert the pipeline property into a financing transaction in one click and then take advantage of Lev's interactive loan sizing tool, lender matching and automated material creation and deal management workflows.Pipeline Management is the latest in a suite of AI-powered products to be added to Lev's digital financing platform. Other recent releases include the market leading CRM for capital markets, and real-time data products including the largest feed of market terms available"Over the past year, many customers and capital markets teams have asked us to expand our easy-to-use, integrated AI products to additional parts of their workflow," commented Yaakov Zar, founder and CEO of Lev. "We heard their feedback and we are excited to bring the power of our platform to acquisition teams and beyond."Since Lev officially launched its digital financing platform a year ago, hundreds of sponsors have launched over a billion dollars of transactions to lenders through the platform. For more information on Lev's digital solutions, visit www.lev.co.Lev is a digital platform for commercial real estate financing

ShortTermRentalz
Jan 3rd, 2023
Rove launches property marketplace to set standard for remote workers

To date, Rove has secured $4 million in seed funding from a group of Silicon Valley company founders and executives, including Applovin, Zocdoc, Mercury, Indiegogo, Lattice, BloomTech and Lev.

PR Newswire
Jul 28th, 2022
Cross River invests into Lev in $200M funding

Founded in 2019, Lev has raised over $200 million in funding from Parker89, Cross River Digital Ventures, NFX, StepStone Group, Canaan Partners, JLL Spark, Animo Ventures and Ludlow Ventures, among others.

The Business Journals
May 27th, 2022
Lev Capital received financing of $70M in Series B round on May 7th 22'.

Digital commercial real estate transaction platform Lev has closed a $70 million Series B round led by Parker89 and Cross River Digital Ventures with participation from Animo Ventures, Canaan Partners, Capital One, Citi Ventures, JLL Spark, NFX and StepStone Group.

Grit Daily
May 6th, 2022
Lev Capital receives financing of $100M in debt financing

Additionally, Lev has secured $100 million in debt financing from Cross River’s Strategic Direct Lending Group.

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