Express Lien

SoftwareSeries CNew Orleans, USlevelset.com

Latest round

Series C

Last raised

Dec 2019

Total raised

$40M

Investors

8

About Express Lien

Based in Louisiana, the US, and founded in 2007 by CEO, Scott G., trading under the name Levelset, provides an online platform for lien management in construction projects, assisting contractors and suppliers with payment administration. It has headquarters in New Orleans, Louisiana, with offices in Austin, Texas, and Cairo, Egypt, and as of 2021, it employs 300 employees. In September 2021, Procore Technologies, Inc. agreed to acquire Express Lien, Inc. for approximately USD 500 million in cash and stock. Levelset offers an online payment platform for the construction industry that improves the speed of the payment process and waiver exchange for various transactions. The platform also allows users to order materials from different suppliers and get approval within 48 hours. It also provides access to construction attorneys providing services such as contract reviews, attorney-written letters for back charges, and lien, license, and other document reviews. Levelset's revenue is generated by fees for various services that include filing a lien at USD 349 and lien cancellations at USD 149. It also offers a yearly subscription for USD 2160 per year.

Who invested in Express Lien

8 investors across 3 rounds

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Funding rounds

  1. Series C

    Dec 19, 2019

    Amount

    $30M

    Investors

    Locked

  2. Series B

    Jan 3, 2018

    Amount

    $10M

    Investors

    Locked

  3. Angel

    Jun 1, 2012

    Amount

    $0.5M

    Investors

    Locked

Questions about Express Lien

Who invested in Express Lien?

Express Lien has 8 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Express Lien raised?

Express Lien has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Express Lien last raise money?

Express Lien's most recent round on record is a Series C, in Dec 2019.

What does Express Lien do?

Based in Louisiana, the US, and founded in 2007 by CEO, Scott G.

Where is Express Lien headquartered?

Express Lien is headquartered in New Orleans, US.

Which VCs invest in companies like Express Lien?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Express Lien's stage. Their profiles are linked below.

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