Where is Level39's headquarters located?

Level39's headquarters is located in London (United Kingdom).

How many companies has Level39 invested in?

Level39 has invested in 90 companies, including Behavox & Smile2impress.

Which companies has Level39 invested in lately?

Salt Edge & Behavox are the latest investments by Level39.

How many exits has Level39 been involved in?

Level39's portfolio has seen 4 IPOs and 6 acquisitions.

Level39 - 2026 Investor Profile, Portfolio & Investment Trends

Level39, an accelerator and incubator program founded in 2013, is based in London, United Kingdom. With a presence in 21 countries, it has supported around 90 startups in sectors like Enterprise Applications, FinTech. As of Jan 2026, Level39 has witnessed 10 portfolio exits. Most notable companies in its portfolio include Behavox, Smile2impress and Bayfikr. The program primarily supports Seed startups based in United Kingdom. Its latest investment was a $3M Series A round in Salt Edge on Oct 01, 2018 along with Start-Up Chile.

Key Metrics

Founded Year

2013

Location

London, United Kingdom

Portfolio Companies

Behavox, Smile2impress & 88 more

Sectors of Investment

Enterprise Applications, FinTech & 19 more

Stages of Investment

Seed & Series A

Locations of Investment

United Kingdom, United States & 19 more

View Level39's full profile

Level39 has a portfolio of 90 companies. Their most notable investments are in eSmart Systems and Behavox.Their portfolio spans across United Kingdom, United States, France and 18 more locations. They have invested in Enterprise Applications, FinTech, High Tech and 18 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Level39:

1. Behavox

Provider of AI-driven platform for regulatory compliance and risk management. The platform offers solutions for regulatory archiving, communications surveillance, and front office analytics. It also provides tools for alerts review, training, certification, and policy management. The platform delivers insights, streamlines workflows, and offers reporting capabilities. It transforms data into actionable insights to safeguard and enhance business operations.

Key facts about Behavox

Founded Year: 2014
Location: London (United Kingdom)
Annual Revenue: £25.9M as on Dec 31, 2023
Valuation: $*****
Stage: Series B
Total Funding till date: $168M
Employee Count: 144 as on Dec 31, 2020
Investors: SoftBank Vision Fund, Hercules Capital and 30 Others
Latest Funding Round: Conventional Debt, Oct 31, 2024, $*****
Highlight: Editors' Pick

2. Smile2impress

Key facts about Smile2impress

Founded Year: 2018
Location: Barcelona (Spain)
Stage: Series C
Total Funding till date: $273M
Employee Count: 396 as on Jul 01, 2024
Investors: Trinity Capital, Refactor Capital and 21 Others
Latest Funding Round: Series C, Nov 12, 2024, $*****

3. Bayfikr

Online platform for bill payments focused on individuals. It enables users to for services such as utility bills, hospitals, government services, and more. Users can pay using credit/debit cards.

Key facts about Bayfikr

Founded Year: 2019
Location: London (United Kingdom)
Stage: Seed
Total Funding till date: $185K
Employee Count: 2 as on Jan 31, 2022
Investors: SFC Capital, Level39 and 1 Other
Latest Funding Round: Seed, May 11, 2022, $*****

4. Mypinpad

myPinPad provides the ability to securely collect and manage PINs on smart phones, and tablets to help authenticate transactions. The myPINpad Authentication Service enables consumers to use their regular card PIN for secure authentication at checkout. The convenience of using PIN authentication rather than alternative password entry minimises transaction abandonment. The platform can be used for multiple services as authenticating digital payments, issuing/managing PIN services, authenticating mPoS payments, cardless ATM withdrawals, mobile commerce and payment acceptance devices.

Key facts about Mypinpad

Founded Year: 2012
Location: Cardiff (United Kingdom)
Stage: Series C
Total Funding till date: $32.1M
Employee Count: 67 as on Jul 01, 2024
Investors: Marbruck Investments, Angel List and 78 Others
Latest Funding Round: Series C, Jun 22, 2023, $*****
Highlight: Editors' Pick

5. Qatar Financial Centre

Key facts about Qatar Financial Centre

Founded Year: 2005
Location: Doha (Qatar)
Stage: Funding Raised
Employee Count: 189 as on Jul 01, 2024
Investors: Level39

View the full list of portfolio companies

Level39 has invested in 90 companies over the last 13 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Salt Edge and most recent follow-on round was in HedgeGuard.

View all investments by Level39

Level39 has made 9 investments in Seed stage with an average round size of $200K and 1 investment in Series A stage with an average round size of $3M.

Here are Level39's investments by stage:

Stage of entry	No. of Investments
Seed	9
Series A	1

Note: We have considered here, only first round of investments

View all investments by Level39

Level39 has a diverse portfolio, with companies operating in the FinTech, Enterprise Applications, Blockchain Technology, Enterprise Infrastructure and Vertical SaaS. Notably, it has invested in 57 Tech companies, 56 Enterprise (B2B) companies, 36 Software companies and at least 21 companies focusing on Consumer (B2C).

Here are Level39's investments by sector:

Sector	No. of Investments
FinTech	8
Enterprise Applications	4
Blockchain Technology	2
Enterprise Infrastructure	2
Vertical SaaS	2
Others	5

Note: We have considered here, only first round of investments

View all investments by Level39

Level39 has made most investments in United Kingdom (4), followed by Canada where it has made 2 investments.

Here are Level39's investments by geography:

Country	No. of Investments
United Kingdom	4
Canada	2
United States	2
Ireland	1
Norway	1

Note: We have considered here, only first round of investments

View all investments by Level39

Level39 has not made any investment in 2026 so far.

Here are the most recent investments by Level39:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Oct 01, 2018	Salt Edge	Canada	Series A	3419	Start-Up Chile
Aug 2015	Behavox	United Kingdom	Seed	2243	-
2015	Moqom	Ireland	Seed	6253	-
2015	Find Exchange	United Kingdom	Seed	6016	-
2015	Senit	United States	Seed	9219	-

See more recent investments made by Level39

4 of Level39's portfolio companies have become public. RedCloud got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Mar 2025 at marketcap of $191M and BTL got listed on the Toronto Stock Exchange - Venture Exchange (TSX-V) at marketcap of $196K.

Here are Level39's portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
RedCloud	Mar 21, 2025	-	-	2545
BTL	Nov 06, 2015	2015	Seed	5554
Aubay	Jul 29, 1998	-	-	1223
LenderWize	-	-	-	4423

View more details about public companies in Level39's portfolio

6 companies from Level39's portfolio have been acquired. The most recent acquisition were SalaryFits in Sep 2024 by Serasa.

Here are Level39's portfolio companies that got acquired most recently:

Filter this list

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
SalaryFits	Sep 17, 2024	-	-	8893
Foxberry	Feb 07, 2024	2015	Seed	2673
Invoke software	May 30, 2023	-	-	9454
Digital Shadows	Jun 01, 2022	-	-	6030
Percentile	Apr 09, 2019	-	-	4748

View all acquired companies in Level39's portfolio

Over the past 13 years, 20 investors have co-invested in Level39's portfolio companies. This includes funds and angels.

Invested before Level39: Google and Innovasjon Norge have invested in rounds before Level39. There is 1 company where Google has invested before Level39 and 1 company where Innovasjon Norge has invested before Level39.
Top Co-investors of Level39: Start-Up Chile entered a company along with Level39.
Invested after Level39: A total of 17 investors have invested in Level39's portfolio after their investments. Top Investors include SoftBank Vision Fund (1 company) and Promus Ventures (1 company).