- 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
