Level AI

Level AI

Enhances customer experience with intelligent automation

About Level AI

Simplify's Rating
Why Level AI is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series C

Total Funding

$72.4M

Headquarters

Mountain View, California

Founded

2018

Overview

Level AI enhances customer experience by integrating human and machine intelligence, primarily serving the Business Process Outsourcing (BPO) industry, including call centers and customer service departments. The company provides software solutions that analyze and optimize call center data, breaking down data silos to ensure all relevant information is accessible for better decision-making and improved customer interactions. Level AI operates on a subscription model, charging clients for access to its platform and tools. Its technology boosts sales team conversion rates and increases the productivity of Quality Assurance (QA) teams, leading to reduced QA costs. By focusing on intelligent automation and data integration, Level AI helps clients achieve significant performance improvements and cost savings, setting it apart from competitors in the BPO sector.

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Funded Recently
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Simplify's Take

What believers are saying

  • Increased demand for AI-driven customer service solutions boosts Level AI's market potential.
  • Growing interest in real-time conversational intelligence tools enhances call center performance.
  • Rising adoption of generative AI technologies automates tasks and personalizes interactions.

What critics are saying

  • Emerging competition from other AI platforms threatens Level AI's market share.
  • Rapid AI advancements could render Level AI's offerings obsolete without continuous innovation.
  • Data privacy regulations may impact operations, especially with new monitoring features.

What makes Level AI unique

  • Level AI integrates human and machine intelligence for enhanced customer experience.
  • The company eliminates data silos, improving decision-making and customer interactions.
  • Level AI's subscription model offers steady revenue and customer retention.

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Funding

Total Funding

$72.4M

Meets

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Remote Work Options

Parental Leave

401(k) Retirement Plan

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 0%

2 year growth

↑ 6%
Finsmes
Aug 8th, 2024
Level AI Closes $39.4m Series C Funding

Level AI closes $39.4m Series C funding.

Destination CRM
Feb 23rd, 2023
Level AI Introduces AgentGPT

Level AI, a provider of conversation intelligence solutions for contact centers, today introduced AgentGPT, a generative artificial intelligence product for customer service teams.

SV Daily
Mar 3rd, 2022
Thelevel receives financing of $20M in Series B financing round

Additionally, Level AI closed a $20 million Series B financing round, led by Neeraj Agrawal at Battery Ventures, who also led the company’s Series A round.

Business Wire
Mar 3rd, 2022
With Strong Momentum And A New Suite Of Customer Service Productivity Features, Level Ai Raises $20 Million In Funding

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- #AI--Level AI, whose AI-driven technology is modernizing customer service and experience, announced today new product features amid soaring demand for its platform. New features include much-requested agent screen monitoring and recording, which are powered by Level AI’s state-of-the-art artificial intelligence technology. This product release comes as Level AI has experienced a significant surge in sales of its software, adding customers like OpenTable, Toast

VentureBeat
Mar 2nd, 2022
Level Ai, Which Provides Call Center Automation Software, Raises $20M

Level AI, a company providing call center automation software, has raised $20 million in funding from venture capital investors.

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