# Level Technology

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

- Industry: Financial Services
- Headquarters: Seattle, US
- Website: www.levelgoals.com
- Total disclosed funding: $7M
- Latest round: Seed (Dec 13, 2021)
- Investors on record: 4

## About

Level Technology Inc. is a Seattle-based financial services firm dedicated to empowering small businesses with tailored advances and banking solutions that bridge cash flow gaps and support growth opportunities.Founded in 2019 in Seattle, US, Level Technology Inc. is focused on providing financial solutions to small businesses. The company has executed a total of 4 deals, with the most recent deal occurring on December 13, 2021, when it raised USD 7 mn in Seed funding led by Anthos Capital, with participation from Revolution Ventures and others. Connor Adams is the founder of the company, and Juan Silva serves as the CEO.Level primarily focuses on providing financial services tailored for small businesses, with a core offering of advances designed to facilitate business growth. These advances aim to bridge cash flow gaps for entrepreneurs, enabling them to seize opportunities and invest in their operations. The company's services also include banking and tax support specifically catered to the financial needs of small enterprises, helping clients manage their finances with greater efficiency. Level's customer base comprises small business owners across various industries in the United States, seeking accessible financial solutions to enhance their operational capabilities.Level's revenue model centers around providing financial services through advances and associated banking solutions. Transactions typically occur on a B2B basis, where small business clients apply for financial advances to support their growth initiatives. Clients receive funds upfront to be repaid over an agreed period, accompanied by potential fees based on the terms of the advance. The company's offerings include various service tiers, allowing businesses to select the level of support that best matches their needs. Level's focus on small businesses positions it uniquely in the market, facilitating direct relationships with clients requiring immediate and actionable financial solutions.In December 2021, Level Technology Inc. raised USD 7 mn in Seed funding, which will be utilized to invest in expanding its exceptional team, including doubling its fintech operators and tripling its engineering team. The company plans to continue developing new financial products tailored to small businesses and aims to explore expansion into new markets within the United States by the end of 2022.

## Funding rounds

- Seed, Dec 13, 2021, $7M — Anthos Capital, NextView Ventures, Revolution Ventures, Ascend

## Investors

- Anthos Capital (https://capitalatlas.ai/funds/anthos-capital) — Seed
- NextView Ventures (https://capitalatlas.ai/funds/nextview-ventures) — Seed
- Revolution Ventures (https://capitalatlas.ai/funds/revolution-ventures) — Seed
- Ascend — Seed