At Level, we believe using your benefits should be as easy as buying a cup of coffee. We’re unlocking the full value of compensation by rebuilding benefits as a simple payments experience — fast, flexible, and transparent. Our mission is to empower people to build better financial futures, and we’re accomplishing that by transforming the status quo of benefits. Level is a B2B2C fintech company comprised of a diverse team from industry-leading companies like Square, Oscar, Google, Uber, and Airbnb. Together, we’re creating a new payments tech stack to help employers offer more accessible and personalized benefits for their teams — and this is just the beginning. Collaboration is our superpower here at Level. By leveraging each other’s strengths and curiosity, we’ve been able to build a best-in-class product, culture, and business. Plus, our employee benefits are so awesome that we let our customers buy them too.
Employees: 51-200
Total raised: $27M
Founded date: 2018
Investors 6
| Date | Name | Website |
| 17.04.2021 | Lightspeed... | lsvp.com |
| - | PeopleTech... | peopletech... |
| 22.04.2021 | Operator C... | operatorco... |
| - | First Roun... | firstround... |
| - | BoxGroup | boxgroup.c... |
| - | Homebrew | homebrew.c... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 18.04.2021 | Series A | $27M | - |
Mentions in press and media 4
| Date | Title | Description |
| 02.01.2025 | Fintech startup Level abruptly shuts down after burning through $27 million of investors’ cash | Level, a benefits startup focused on providing flexible employee benefits, abruptly shut down on Thursday. The company informed its clients that efforts to sell the business had failed, forcing the closure and leaving customers in a difficu... |
| 18.04.2021 | Employee benefits fintech company Level raises US $ 27 million | Level, a New York based company that builds financial products for people-first companies, announced on 16th April 2021 that it has raised US$ 27 million in its series A funding round. The round was led by Lightspeed Venture Partners and Kh... |
| 16.04.2021 | Level Raises $27M in Series A Funding | Level, a NYC-based technology company that makes financial products for employers, raised $27m in Series A funding. The round was led by Khosla Ventures and Lightspeed Venture Partners with participation from Operator Collective, previous i... |
| 16.04.2021 | Level is Rebuilding Insurance to Help Employers Offer Bigger Benefits for Less | Level not only offers a better experience, but it also offers the potential for significant cost savings. Level’s self-insured dental and vision products let companies offer more coverage to their teams while often cutting nearly 20 percent... |