FinTechFunding

Level: Raises $27M in Series A Funding

  • Level, a NYC-based technology company that makes financial products for employers, raised $27m in Series A funding
  • The round was led by Khosla Ventures and Lightspeed Venture Partners with participation from Operator Collective, previous investors First Round Capital and Homebrew and angels
  • The company intends to use the funds to continue to build insurance and benefits products
  • Led by Paul Aaron, founder and CEO, Level first launched employer-sponsored dental benefits in 2019 and now also offers vision plans
  • Today, the company serves companies including Intercom, Udemy, Docker, and KeepTruckin
  • Next up, Level will launch new modern plans tailored for small businesses
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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