# Lev

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/lev

- Industry: Software
- Headquarters: New York, US
- Website: www.levcapital.com
- Total disclosed funding: $112M
- Latest round: Series B (May 5, 2022)
- Investors on record: 12

## About

Based in New York, US, Lev, Inc. was founded in 2019 by co-founders Yaakov Zar and Sammy Greenwall. The company is a full-stack commercial real estate finance platform that automates all aspects of the commercial real estate financing process from start to finish, including origination, diligence, and closure. In July, Lev brings the total funding raised to USD 42.4 million.

The company is a real estate financing platform to locate and close loans for property transactions and provider of commercial real estate financial advice services. Machine learning is used by the firm to optimize the process of financing, resulting in fewer mistakes and shorter response times for borrowers and lenders, as well as more flexibility for both.

The company generates revenue by taking a commission on the loans facilitated.

The company plans to hit USD 1 billion in transactions in 2021. Lev also plans to be the de-facto platform for commercial real estate transactions.

## Funding rounds

- Series B, May 5, 2022, $70M — Canaan Partners, StepStone, Capital One Ventures, NFX, JLL Spark, Animo Ventures, Blitzscaling Ventures, Cross River Digital Ventures, Parker89
- Series A, Jul 20, 2021, $30M — Greenspring Associates, Canaan Partners, Ludlow Ventures, NFX, First American Title Company, JLL Spark, Animo Ventures
- Seed, Mar 22, 2021, $10M — Canaan Partners, Ludlow Ventures, NFX, JLL Spark, Animo Ventures, Cross River Digital Ventures
- Seed, Feb 22, 2021 — Animo Ventures
- Seed, Nov 23, 2020 — Animo Ventures
- Seed, Feb 5, 2020, $2.4M — Ludlow Ventures, Animo Ventures

## Investors

- Ludlow Ventures (https://capitalatlas.ai/funds/ludlow-ventures) — Seed, Series A
- Animo Ventures (https://capitalatlas.ai/funds/animo-ventures) — Seed, Series A, Series B
- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Seed, Series A, Series B
- NFX (https://capitalatlas.ai/funds/nfx) — Seed, Series A, Series B
- JLL Spark (https://capitalatlas.ai/funds/jll-spark) — Seed, Series A, Series B
- Cross River Digital Ventures (https://capitalatlas.ai/funds/cross-river-digital-ventures) — Seed, Series B
- Greenspring Associates (https://capitalatlas.ai/funds/greenspring-associates) — Series A
- First American Title Company — Series A
- StepStone (https://capitalatlas.ai/funds/stepstone) — Series B
- Capital One Ventures (https://capitalatlas.ai/funds/capital-one-ventures) — Series B
- Blitzscaling Ventures (https://capitalatlas.ai/funds/blitzscaling-ventures) — Series B
- Parker89 (https://capitalatlas.ai/funds/parker89) — Series B