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About Level
Industries
Consulting
Fintech
Company Size
201-500
Company Stage
Series A
Total Funding
$30.8M
Headquarters
New York City, New York
Founded
2018
Overview
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 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 access to benefits, ensuring a smooth experience for employees. By focusing on user-friendly tools, Level seeks to create a balanced ecosystem that benefits both employees and employers.
Simplify's Take
What believers are saying
- Growing demand for flexible benefits aligns with Level's offerings, boosting potential market share.
- AI integration can enhance Level's platform, improving user experience and operational efficiency.
- Remote work trends increase demand for digital benefits, favoring Level's solutions.
What critics are saying
- Increased competition from fintech startups may erode Level's market share.
- Pressure from recent funding could strain Level's resources and operational capacity.
- Regulatory risks from cannabis industry partnerships may impact Level's operations.
What makes Level unique
- Level offers flexible, user-friendly employee benefits solutions tailored to modern workforce needs.
- Their commercial credit cards simplify benefit access and management for employees.
- Level's instant payment feature for providers enhances efficiency and satisfaction.
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Funding
Total Funding
$30.8M
Above
Industry Average
Funded Over
2 Rounds
Lightspeed Venture Partners
First Round Capital
BoxGroup
Y CombinatorIndustry standards
Growth & Insights and Company News
6 month growth
↑ 2%1 year growth
↑ 2%2 year growth
↑ 13%Pollen Street Capital and Capricorn Capital have provided £105 million in funding to Level, a non-bank lender in the probate and family law sectors. The funding includes equity from Capricorn and a senior secured facility from Pollen Street. Capricorn's Robert Gottlieb and Ricardo Delgado have joined Level's board, and Harvey Bowman is the new finance director. Since 2017, Level has lent over £175 million to 1,650 clients, with its lending book growing by 71% last year.
"Partnering with LEVEL to bring their products to market in Pennsylvania expands TILT's offerings in a meaningful way for medical patients.
Media ContactDerek Clay, Communication DirectorPlatinum-Level Office Chairs***@platinum- level.com1-888-786-0102 Derek Clay, Communication DirectorPlatinum-Level Office Chairs1-888-786-0102End-- Platinum-Level Office Chairs a, leading provider of premium office furniture, is thrilled to announce a significant expansion of its platinum-level office chair offerings. Fueled by surging demand and a commitment to exceptional customer service, the company has implemented impactful changes to improve accessibility and delivery timelines.To meet the growing demand for its luxurious and ergonomically designed platinum-level office chairs, the retailer has significantly increased its inventory across all models. Additionally, the company has strategically added new warehouses nationwide, optimizing logistical efficiency and reducing delivery times for customers across the country. This translates to faster processing and shorter wait times, ensuring a seamless purchasing experience.Platinum-Level Office Chairs is excited to unveil its expanded online presence, now offering its popular platinum-level office chairs on a wider range of e-commerce platforms. Customers can now conveniently shop for their desired chairs on Amazon, Walmart, eBay, Google Shopping, Bonanza, as well as other marketplaces in addition to the company's website. This increased accessibility opens up new avenues for customers to discover the comfort and productivity-enhancing features of our platinum-level chairs."Quote from a company spokesperson highlighting the importance of increased inventory and expanded reach in meeting customer needs.""Quote from a satisfied customer praising the comfort and quality of your platinum-level chairs and the convenience of the new online options."Platinum-Level Office Chairs is a leading provider of high-quality office chairs, specializing in ergonomic and executive chairs designed to maximize comfort, productivity, and well-being in the workplace
Level, a dynamic insurtech startup, has raised a substantial $27 million in funding from prominent investors Khosla Ventures and Lightspeed Venture Partners.
Level, part of International Airlines Group (IAG), will launch Miami-Barcelona service for the summer 2024 season.
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About Level
Industries
Consulting
Fintech
Company Size
201-500
Company Stage
Series A
Total Funding
$30.8M
Headquarters
New York City, New York
Founded
2018
There are no jobs for Level right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Level