Level - About the company
Level is an acquired company based in Redwood City (United States), founded in 2010 by Ken Goto. It operates as a Manufacturer of smart locks and related access control system components. Level has raised $171M in funding from investors like Walmart, Cox Communications and Lennar. The company has 531 active competitors, including 44 funded and 29 that have exited. Its top competitors include companies like Latch, August and igloohome.
Company Details
Manufacturer of smart locks and related access control system components. The company designs locks with a focus on minimal design and integration. Products include smart locks, retrofit bolts, and keypad accessories. The locks are designed for security, durability, and ease of use.
- Website
- level.co
- Social
Key Metrics
Founded Year
2010
Location
Redwood City, United States
Stage
Acquired
Total Funding
$171M in 2 rounds
Latest Funding Round
Ranked
3rd among 531 active competitors
Employee Count
75 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Assa Abloy (Sep 10, 2024)
Level's acquisition details
Level got acquired by Assa Abloy on Sep 10, 2024.
Click here to take a look at Level's acquisition in detail
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Level's funding and investors
Level has raised a total funding of $171M over 2 rounds. Its first funding round was on Oct 15, 2019. Its latest funding round was a Series C round on Nov 10, 2021 for $*****. 2 investors participated in its latest round. Level has 6 institutional investors.
Here is the list of recent funding rounds of Level:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 10, 2021 | 9509052 | Series C | 1747268 | 2074286 | 5830862 | 9904676 |
Oct 15, 2019 | 8262993 | Series C | 1687067 | 6298365 | 9687943 |
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Level's founders and board of directors
Founder? Claim ProfileThe founders of Level is Ken Goto.
Here are the details of Level's key team members:
- Ken Goto: Founder of Level. Contact Info: 1 email address
View details of Level's Founder profiles and Board Members
Level's employee count trend
Level has 75 employees as of Aug 26. Here is Level's employee count trend over the years:
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Level's Competitors and alternates
Top competitors of Level include Latch, August and igloohome. Here is the list of Top 10 competitors of Level, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Latch 2014, New York City (United States), Public | Provider of cloud-based smart locks for residential and commercial places | $153M | 78/100 | |
2nd |  August 2012, San Francisco (United States), Acquired | Provider of a smart lock and access system | $73.1M | 76/100 | |
3rd |  Level 2010, Redwood City (United States), Acquired | Manufacturer of smart locks and related access control system components | $171M | 72/100 | |
4th | Developer of keyless smart locks for both consumer and commercial applications | $32M | 69/100 | ||
5th | Nuki Home Solutions 2014, Graz (Austria), Public | Manufacturer of cloud-based smart door locks | $25.8M | 64/100 | |
6th | Provider of smart lock & security system | $152M | 63/100 | ||
7th | Kwikset 1946, Middleton (United States), Unfunded | Manufacturer of residential and multifamily door locks and access control systems | - | - | 62/100 |
8th | Provider of smart locks | - | - | 60/100 | |
9th | Schlage 1920, Carmel (United States), Acquired | Provider of Bluetooth-based smart locks | - | - | 60/100 |
10th | Developer of programmable lock & key systems for homes | - | 58/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Level's competitors? Click here to see the top ones
Level's Investments and acquisitions
Level has acquired Dwelo. Level has not made any investments as of now.Reports related to Level
Here is the latest report on Level's sector:
News related to Level
Filter this listMedia has covered Level for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
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Level Lock Layoffs Raise Concerns About Future of Smart Lock PlatformAppleInsider•Jun 27, 2026•Assa Abloy, Level
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Level Partners with Josh.ai, delivering secure, seamless access to Level locksResidential Systems•Sep 15, 2025•Level, Josh.ai
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Locksmith giant Assa Abloy acquires another smart lock startupNotebookcheck Publishing GmbH•Sep 21, 2024•Assa Abloy, Level
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ASSA ABLOY Expands Digital Portfolio with Acquisition of Smart Lock Company Level LockEuropaWire•Sep 11, 2024•Assa Abloy, Level
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Cox Selects Level as Next-Generation IoT Partner and Begins Deployments to Cox CustomersCox Communications•Oct 27, 2023•Cox Communications, Level
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Smart door lock maker Level is bringing a new video doorbell to apartment dwellersThe Verge•May 31, 2023•Level
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