# Level funding: rounds and investors

> Level has raised $12M across 5 rounds since 2021. Investors include Y Combinator, Techstars and Lightspeed Venture Partners. Every round with its source.

Source: https://millionrounds.com/company/level (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Level*

5 rounds we have observed, with the 17 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

HR Tech

Y Combinator: S21

Funding summary Updated 26 Oct 2026

**$12M** raised across 5 rounds since 2021, from 5 sources

**$2.2M** Seed **$7.0M** Seed **$200K** Seed **$2.6M** Seed

- **Latest round:** Seed, $2.6M Mar 2025
- **Biggest round:** $7.0M Seed · Dec 2021
- **Step-up i:** 13×
- **Investors:** 17

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023 2024 2025

**$2.2M** Seed

**$7.0M** Seed

**?** Venture

**$200K** Seed

**$2.6M** Seed

- **First round:** Seed, $2.2M
- **Biggest round:** $7.0M
- **Usual gap between rounds:** 18 months

## The rounds

- **Mar 2025** Seed **$2.6M** *4 new* *1 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Polychain](https://millionrounds.com/fund/polychain) [Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) [Robot Ventures](https://millionrounds.com/fund/robot-ventures) [Balaji Srinivasan](https://millionrounds.com/fund/balaji-srinivasan) Source recorded
- **Sept 2023** Seed **$200K** *2 new* [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [Forum Ventures](https://millionrounds.com/fund/forum-ventures) Source recorded SEC filing: $4.0M sold, first sale Jun 2023
- **Jun 2023** Venture **Amount undisclosed** *4 new* *1 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [BoxGroup](https://millionrounds.com/fund/boxgroup) Source recorded
- **Dec 2021** Seed **$7.0M** *5 new* [Techstars](https://millionrounds.com/fund/techstars) [Revolution](https://millionrounds.com/fund/revolution) [NextView Ventures](https://millionrounds.com/fund/nextview-ventures) [Ascend](https://millionrounds.com/fund/ascend) [Acumen](https://millionrounds.com/fund/acumen) Source recorded
- **Sept 2021** Seed **$2.2M** *2 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2021 **Seed** 2021 **Venture** 2023 **Seed** 2023 **Seed** 2025 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Techstars](https://millionrounds.com/fund/techstars) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [BoxGroup](https://millionrounds.com/fund/boxgroup) [Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) [Forum Ventures](https://millionrounds.com/fund/forum-ventures) [Revolution](https://millionrounds.com/fund/revolution)

## The exit

Exit Buyer Price When

Acquired [Capital One](https://millionrounds.com/fund/capital-one) undisclosed Jan 2015

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=level).

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **3** rounds

[Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round

[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **1** round

[Right Side Capital Management](https://millionrounds.com/fund/right-side-capital-management) VC firm **1** round

[First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round

[Liquid 2 Ventures](https://millionrounds.com/fund/liquid-2-ventures) VC firm **1** round

[Forum Ventures](https://millionrounds.com/fund/forum-ventures) VC firm **1** round

[Revolution](https://millionrounds.com/fund/revolution) VC firm **1** round

[NextView Ventures](https://millionrounds.com/fund/nextview-ventures) VC firm **1** round

[Polychain](https://millionrounds.com/fund/polychain) VC firm **1** round

[Dragonfly Capital Partners](https://millionrounds.com/fund/dragonfly-capital-partners) VC firm **1** round

[Ascend](https://millionrounds.com/fund/ascend) VC firm **1** round

[Robot Ventures](https://millionrounds.com/fund/robot-ventures) VC firm **1** round

[Acumen](https://millionrounds.com/fund/acumen) VC firm **1** round

[Balaji Srinivasan](https://millionrounds.com/fund/balaji-srinivasan) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=level).

## Quick answers about Level

### Who invested in Level?

Level's investors include Y Combinator, Techstars, Lightspeed Venture Partners, Khosla Ventures and Right Side Capital Management, and 12 more on record.

### How much has Level raised?

Level has raised $12M across 5 rounds since 2021. One round did not disclose an amount, so the total is a floor.

### When did Level last raise?

Level's most recent round was a Seed of $2.6M in Mar 2025.

### What was Level's biggest round?

Level's largest round on record is $7.0M (Seed), in Dec 2021.

### Who backed Level first?

Level's first round on record, in Sept 2021, was backed by Y Combinator and Liquid 2 Ventures.

### What stage is Level at?

Level's latest named round is a Seed, in Mar 2025.

### Where is Level based?

Level is based in the United States.

## Companies like Level

In the same sector, and raised in the last eighteen months.

[**VIVA Finance** $370M · Oct 2026](https://millionrounds.com/company/viva-finance)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)[**Angle Health** $1.2B · Sept 2026](https://millionrounds.com/company/angle-health)[**Thatch** $151M · Sept 2026](https://millionrounds.com/company/thatch)[**Intermezzo** $10M · Sept 2026](https://millionrounds.com/company/intermezzo)[**BrightPlan** $14M · Sept 2026](https://millionrounds.com/company/brightplan)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app
