Level
Level makes it easy for people to pay with their benefits, while helping businesses and their teams save money. Benefits are part of people’s total compensation: their livelihoods. But too often benefits are confusing and hard to use, leaving money on the table.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor investor | €0.0 | round | |
| investor investor investor investor investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor investor | €0.0 | round | |
| N/A | €0.0 | round | |
N/A | Angel | ||
| Total Funding | 000k | ||
| USD | 2019 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | 63 % | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Level, Inc. is a forward-thinking startup that aims to revolutionize employee benefits by offering flexible and user-friendly solutions. The company operates in the employee benefits market, serving primarily employers who wish to provide their employees with more versatile and appealing benefits packages. Level's primary clients are businesses looking to enhance their employee satisfaction and retention through innovative benefits.
Level's business model revolves around providing commercial credit cards and benefit solutions that allow employees to use their funds in a way that suits them best. These benefits include appreciation funds, education funds, and medical travel benefits. For instance, employees can use their appreciation funds for anything from an ice cream party to a company baseball game, while education funds can be used for coaching, upskilling, and continued learning without the hassle of upfront payments or reimbursements.
The company makes money by partnering with employers and offering them these tailored benefit solutions. Employers pay Level for the service, which in turn provides employees with the freedom to use their benefits as they see fit. This model not only helps employers offer more attractive benefits at a lower cost but also ensures that employees have more freedom and choice in how they use their benefits.
Level's commercial credit cards, issued by Celtic Bank, are a key component of their offering. These cards make it easy for employees to access and manage their benefits, providing a seamless and delightful experience. By focusing on modern tools and a user-friendly platform, Level aims to maximize employee engagement and savings, ultimately creating a balanced and healthy ecosystem where everyone benefits.
In summary, Level is transforming the traditional employee benefits landscape by offering flexible, user-centric solutions that empower employees and provide value to employers.
Keywords: employee benefits, commercial credit cards, flexible solutions, appreciation funds, education funds, medical travel benefits, employer partnerships, employee satisfaction, modern tools, user-friendly platform.