Level Home

Level Home

Designs and manufactures invisible smart locks

About Level Home

Simplify's Rating
Why Level Home is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Hardware

Consumer Goods

Company Size

51-200

Company Stage

Series C

Total Funding

$171M

Headquarters

Redwood City, California

Founded

2016

Overview

Level Home designs and manufactures invisible smart locks that integrate seamlessly into homes, enhancing security without compromising aesthetics. Their main product, the Level Lock, is built for durability and reliability, featuring a battery that lasts for a year. Targeting homeowners interested in smart home technology, Level Home sells directly through their website and partners with home improvement retailers. What sets them apart from competitors is their focus on elegant design and ease of installation. The company's goal is to provide practical and visually appealing solutions that improve home security and convenience.

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Simplify's Take

What believers are saying

  • Partnership with Baldwin opens access to the luxury hardware market, boosting brand prestige.
  • Wi-Fi bridge introduction enhances remote access, appealing to tech-savvy consumers.
  • Expansion into multifamily properties with Cox Communications opens new revenue streams.

What critics are saying

  • Increased competition from established brands like August and Schlage threatens market share.
  • Privacy concerns may arise from enhanced data collection in connected smart locks.
  • Supply chain vulnerabilities, like semiconductor shortages, could impact production.

What makes Level Home unique

  • Level Home's invisible smart lock design preserves home aesthetics while offering advanced security.
  • Partnership with Baldwin enhances luxury appeal, combining smart technology with fine craftsmanship.
  • Level Lock+ supports Matter, ensuring compatibility with major smart home ecosystems.

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Funding

Total Funding

$171M

Above

Industry Average

Funded Over

2 Rounds

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
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$100M
Level Home

Benefits

Flexible Work Hours

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

-7%

1 year growth

0%

2 year growth

0%
PR Newswire
Feb 24th, 2025
Level Home And Baldwin Partner To Bring Smart Technology To Luxury Hardware

REDWOOD CITY, Calif., Feb. 24, 2025 /PRNewswire/ -- Level Home, maker of the world's only invisible smart lock, and Baldwin, known for premium architectural hardware, have established a strategic partnership that brings together Level's design and engineering expertise with Baldwin's heritage of fine craftsmanship.This partnership unites two ASSA ABLOY Group brands with a shared commitment of industry-leading design and engineering, built from the highest-quality materials. Level embeds smart home technology inside the deadbolt, allowing users to get all the benefits from a connected home, without compromising on their home's aesthetic. Baldwin is known for its 75 year history of meticulous craftsmanship and distinguished hardware that elevates homes. Together, they are bringing smart technology to luxury hardware that blends seamlessly into premium homes.First Look at KBIS 2025Attendees at KBIS 2025 (Kitchen & Bath Industry Show) in Las Vegas, February 25-27 will get an early preview of the Baldwin Engineered with Level collaboration, and how smart technology can beautifully enhance the home.This collection preserves Baldwin's signature aesthetic while quietly embedding Level's smarts – no unnecessary bulk, no visual distractions, just modern convenience in a beautifully crafted form."At Level we bring smart home technology to consumers who also value design," said John Martin, President and Head of Level Home. "We are excited about all the opportunities this partnership with Baldwin opens up.""Baldwin has always designed for those who appreciate the finer details," said Matt Zimmer, VP & GM of Luxury Locks at ASSA ABLOY Opening Solutions Americas

MacTech
Nov 15th, 2024
Level Home has introduced its Level Lock+ (Matter) smart lock

Level Home has introduced its Level Lock+ (Matter) smart lock.

PR Newswire
Nov 14th, 2024
Introducing Level Lock+ (Matter): The World'S Most Advanced Smart Lock

Endless compatibility: Matter support, Apple home keys, and Bluetooth — all within a design that enhances any home aesthetic. Built for the future: owners of previous generations of Level Lock+ can now update to Matter in a few simple steps. REDWOOD CITY, Calif., Nov. 14, 2024 /PRNewswire/ -- Level Home today introduced Level Lock+ (Matter), the world's smallest and most advanced smart lock. True to Level's hallmark "invisible" design, this new version seamlessly integrates with major smart home systems. It enhances home aesthetics while offering secure, flexible control through Bluetooth and Matter-over-Thread, compatible with ecosystems from Google, Amazon, Apple, and Samsung

CE Pro
Aug 29th, 2024
Level's Professional 'Installer Edition' Smart Locks Look Like a Classic Deadbolt

Level Home, Inc., a smart home lock and access control manufacturer, has announced the release of professional Installer Editions Locks-the Level Bolt and Level Lock+, which includes Zigbee native configuration options to offer installers a choice of installer-friendly smart locks.

CE Pro
Oct 26th, 2023
Cox Communications Partners with Level Home for MDU Platform

Cox Communities, a division of telecom giant Cox Communications that works on bringing technology to multifamily and single-family communities, is partnering with smart home IoT device manufacturer Level Home to bring the company's devices to residential communities and apartments.

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