About LevelUp Investments
LevelUp Investments is an accelerator and incubator program based in Los Angeles, United States. With a presence in 7 countries, it has supported around 42 startups in sectors like Enterprise Applications, High Tech. As of Jul 2026, LevelUp Investments has 2 unicorns under its belt and has witnessed 6 portfolio exits. Most notable companies in
its portfolio include Better Mortgage, Rec Room and Polimorphic. The program is backed by a team of 1 people who primarily support startups based in United States, Spain.
Key Metrics
Location
Los Angeles, United States
Portfolio Companies
Sectors of Investment
Locations of Investment
Unicorn in Portfolio
LevelUp Investments' List of Top Investments
LevelUp Investments has a portfolio of 42 companies, including 2 unicorns. Their most notable investments include Better Mortgage and Rec Room.Their portfolio spans across United States, Spain, Sweden and 4 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 22 other sectors. Here is the list of top investments by LevelUp Investments:Online marketplace offering residential mortgage loans for consumers. It offers a platform connecting borrowers with institutional investors for fixed and adjustable rates of conventional and jumbo loans to finance properties including single-family homes, townhouses, condominiums, and planned unit development. Once the loan has been funded, it transfers the loan to an investor, providing servicing of the loan. It also provides title and house refinancing loans and house owner insurance.
Key facts about Better Mortgage
- Founded Year: 2014
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $980M
- Employee Count: 2,060 as on May 31, 2026
- Investors: G Squared, Goldman Sachs Investment Partners and 36 Others
- Latest Funding Round: Series E, Apr 08, 2021, $*****
- Highlight: Editors' Pick
2. Rec Room
Developer of a social application featuring user-generated games and experiences. The application allows users to create avatars and interact in virtual spaces. Users can explore games and environments designed by other users. The application offers tools for users to build and share their own creations.
Key facts about Rec Room
- Founded Year: 2016
- Location: Seattle (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $351M
- Employee Count: 178 as on May 31, 2026
- Investors: Greycroft, Detroit Venture Partners and 18 Others
- Latest Funding Round: Series F, Dec 17, 2021, $*****
- Highlight: Editors' Pick
3. Polimorphic
Cloud-based suite solutions for government operations and administration. It usesw AI technology nd chat tool for constituents to get answers about municipal service. It provides a platform to manage email & file systems for local & state governments. Some of its features are CRM, calendar & dashboard management, process & task management, collaboration between government & citizens, etc.
Key facts about Polimorphic
- Founded Year: 2018
- Location: Palo Alto (United States)
- Stage: Series A
- Total Funding till date: $24.2M
- Employee Count: 62 as on May 31, 2026
- Investors: General Catalyst, Pear VC and 6 Others
- Latest Funding Round: Series A, May 23, 2025, $*****
- Highlight: Editors' Pick
4. ZeroTier
The open-source software creates a layer2 virtual network that can be installed and run on any server. It also provides the support of establishing peer-to-peer connections with other participants in the network but it uses centralized servers for peer discovery.
Key facts about ZeroTier
- Founded Year: 2011
- Location: Irvine (United States)
- Stage: Series A
- Total Funding till date: $15.9M
- Employee Count: 31 as on May 31, 2026
- Investors: Bonfire Ventures, FIRST IN and 6 Others
- Latest Funding Round: Series A, Jul 26, 2024, $*****
- Highlight: Editors' Pick
5. Gridware
Real-time grid intelligence platform for safer, more resilient power grids. They provide solutions for electric utilities to maintain uptime and address hazards like fallen limbs or damaged power lines. Their Active Grid Response (AGR) platform offers constant visibility into real-time electrical, physical, and environmental conditions by capturing information directly at the pole. This technology enables immediate detection, precise localization, detailed identification, and monitoring during outages. They partner with power companies to improve grid safety and reliability, helping crews get to the right location with the right information. Their platform prevents hazards, restores power quickly and safely, and extends the life of assets in the field. They are committed to providing line workers with the tools they need to fix the grid efficiently, respond strategically, and keep communities safe. This is a SaaS platform that offers a subscription service for utilities, providing real-time hazard intelligence and field-tested insights.
Key facts about Gridware
- Founded Year: 2020
- Location: Sacramento (United States)
- Stage: Series B
- Total Funding till date: $97.3M
- Employee Count: 189 as on May 31, 2026
- Investors: Generation Investment Management, Tiger Global Management and 20 Others
- Latest Funding Round: Series B, Nov 17, 2025, $*****
- Highlight: Editors' Pick
Unicorns in LevelUp Investments' Portfolio
LevelUp Investments has 2 unicorns in its portfolio - Rec Room and Better Mortgage. The most recent unicorn in their portfolio is Rec Room. It became a unicorn in 2021, 5 years before LevelUp Investments first invested in it.Here is a list of unicorns in LevelUp Investments' portfolio:
Filter this listTracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Developer of a social application featuring user-generated games and experiences | 2016 | Seattle | Series F | cjzphrd | ||
77 | Online marketplace offering residential mortgage loans for consumers | 2014 | New York City | Series E | dvaljkx |
Acquired companies in LevelUp Investments' Portfolio
6 companies from LevelUp Investments' portfolio have been acquired. The most recent acquisition was Pex in Apr 2025 by Vobile for $*****.Here are LevelUp Investments' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 14, 2025 | - | - | 7003 | |
May 08, 2024 | - | - | 3928 | |
Jul 13, 2023 | - | - | 1236 | |
Sep 01, 2022 | - | - | 2854 | |
Dec 14, 2020 | - | - | 3786 |
