Levvel
Latest round
- Seed
Last raised
- Jan 2016
Total raised
- $2M
Investors
- 1
About Levvel
Founded in 2013, Levvel, LLC is headquartered in Charlotte, US. The company provides technology solutions to various industries and was acquired by Endava plc in April 2021, with the financial terms of the transaction not disclosed. The founders, John Espey and Matthew Ernst, have a history of entrepreneurial experience, with John Espey currently serving as the CEO.Levvel, now part of Endava, specializes in providing technology solutions that address complex business challenges across various industries. Their core offerings encompass a range of services including software development, digital transformation, data analytics, and cloud solutions, all aimed at enhancing operational efficiency and driving innovation. These services help clients navigate the rapidly evolving tech landscape, ultimately focusing on delivering measurable impacts for businesses in industries such as finance, healthcare, retail, and telecommunications.The revenue model for Levvel is structured around both fixed-price and variable pricing agreements, enabling flexibility in client engagements. Transactions typically occur through direct partnerships with businesses, where clients engage Levvel's expertise for specific projects or ongoing software solutions. Revenue is generated through contracts that may include service fees for custom software development, subscription plans for ongoing support and maintenance, and project-based billing for consulting services. This model allows Levvel to cater to a wide range of client needs while establishing long-term relationships that drive recurring revenue streams.Levvel plans to leverage its recent acquisition by Endava to expand its product offerings and enter new markets. The company is focused on developing new products that enhance their technology solutions, with specific launch dates yet to be announced.
Who invested in Levvel
1 investor across 1 round
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Funding rounds
Seed
Jan 19, 2016
Amount
$2M
Investors
Questions about Levvel
Who invested in Levvel?
Levvel has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Levvel raised?
Levvel has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Levvel last raise money?
Levvel's most recent round on record is a Seed, in Jan 2016.
What does Levvel do?
Founded in 2013, Levvel, LLC is headquartered in Charlotte, US.
Where is Levvel headquartered?
Levvel is headquartered in Charlotte, US.
Which VCs invest in companies like Levvel?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back business support services companies at Levvel's stage. Their profiles are linked below.
VCs backing business support services startups at Seed
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