Level

Level

Flexible employee benefits and credit solutions

About

Level provides flexible employee benefits solutions aimed at enhancing employee satisfaction and retention for businesses. The company offers commercial credit cards and various benefit options, such as appreciation funds, education funds, and medical travel benefits, allowing employees to use their funds in ways that suit their individual needs. For example, appreciation funds can be spent on team-building activities, while education funds support professional development without upfront costs. Level partners with employers, who pay for these tailored solutions, enabling them to offer attractive benefits at a lower cost. The commercial credit cards, issued by Celtic Bank, simplify the management of these benefits, ensuring a smooth experience for employees. By focusing on user-friendly tools and empowering employees with choice, Level aims to create a balanced ecosystem that benefits both employees and employers.

Company Stage

Series A

Employees

201-500

Industries

Consulting, Fintech

Total Funding

$30M

Headquarters

New York City, New York

Founded

2018


Simplify Jobs

Simplify's Take

What believers are saying

  • Rising demand for financial wellness programs aligns with Level's flexible financial solutions.
  • Integration of telehealth services can enhance Level's benefits offerings.
  • AI-driven analytics in benefits platforms offer personalized solutions, boosting Level's appeal.

What critics are saying

  • Increased competition from fintech startups may erode Level's market share.
  • Potential regulatory changes could impact Level's commercial credit card operations.
  • Economic downturns may reduce employer spending on benefits, affecting Level's revenue.

What makes Level unique

  • Level offers flexible, user-friendly employee benefits solutions tailored to modern workforce needs.
  • Their commercial credit cards simplify benefit access, enhancing employee satisfaction and engagement.
  • Level's platform empowers employees with freedom and choice in using their benefits.

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Growth & Insights
Headcount

6 month growth

-21%

1 year growth

-34%

2 year growth

11%

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