# Level Ex

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/level-ex

- Industry: Software
- Headquarters: Chicago, US
- Website: www.level-ex.com
- Total disclosed funding: $13M
- Latest round: Series A (Oct 3, 2017)
- Investors on record: 3

## About

Level Ex, Inc. develops innovative game-based training solutions aimed at enhancing skills in the healthcare industry, particularly for medical professionals through engaging video games that facilitate learning and skill development.Founded in 2015 and headquartered in Chicago, US, Level Ex, Inc. focuses on creating educational medical video games. The company has executed 6 deals, with its most recent funding round of USD 4.00 mn concluded on June 29, 2020. The company is led by founder and CEO Sam Glassenberg, who has a background in game development and previously founded other companies in related fields.Level Ex specializes in developing game-based training and educational solutions tailored for the pharmaceutical and healthcare industries. Their primary offerings include a suite of medical video games designed to enhance healthcare professionals' skills in diagnosing diseases, managing patient journeys, and internalizing clinical data. Notable products, such as the award-winning "Top Derm," utilize advanced game mechanics rooted in neuroscience to facilitate learning through engaging gameplay. Level Ex's solutions target a diverse clientele, including dermatologists, physician assistants, nurse practitioners, and primary care physicians, effectively reaching over 1 million medical professionals and achieving over 3 million app downloads globally. The company markets its products primarily in North America and Europe, fostering partnerships with leading healthcare organizations to expand the adoption of these training tools.Level Ex generates revenue through a combination of subscription-based services and partnerships with healthcare organizations. Their business model often involves direct engagement with clients, whereby healthcare professionals gain access to their training games under a licensing or subscription agreement. Clients utilize Level Ex's platforms to enhance their training programs, leading to improved clinical performance and outcomes. Revenue streams are further bolstered by the company's flagship products, such as "Top Derm," which serve as effective educational resources for clinicians, ensuring that Level Ex remains a player in the game-based medical education space.Level Ex aims to expand its product offerings and enter new markets. The company is actively designing new medical video games that are expected to launch in the upcoming year. Additionally, it plans to target regions in Asia and Latin America for market expansion, with goals set for the next 18 months. The recent funding of USD 4.00 mn will support these initiatives, allowing Level Ex to enhance its product development and market presence.

## Funding rounds

- Series A, Oct 3, 2017, $11M — Pritzker Group Venture Capital, 4490 Ventures, JAZZ Venture Partners
- Seed, Oct 5, 2016, $2.1M — Pritzker Group Venture Capital, JAZZ Venture Partners

## Investors

- Pritzker Group Venture Capital (https://capitalatlas.ai/funds/pritzker-group-venture-capital) — Seed, Series A
- JAZZ Venture Partners (https://capitalatlas.ai/funds/jazz-venture-partners) — Seed, Series A
- 4490 Ventures (https://capitalatlas.ai/funds/4490-ventures) — Series A