When was LevelUp founded?

LevelUp was founded in 2008 and raised its 1st funding round within a year of its incorporation.

Where is LevelUp located?

LevelUp is headquartered in Boston, United States. It is registered at 1 FEDERAL STREET 6TH FLOOR BOSTON, MA 02110.

How many employees does LevelUp have?

As of Aug 31, 2026, the latest employee count at LevelUp is 107.

Is LevelUp a funded company?

LevelUp is a funded company, having raised a total of $103M across 13 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2008.

When was the latest funding round of LevelUp?

LevelUp's latest funding was a $***** Series E round on Aug 15, 2017, with participation from 0 investor.

Where does LevelUp rank among its competitors?

LevelUp ranks 22nd amongst 3337 active competitors, of which 233 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was SynergySuite, which secured $12M in Aug, 2025.

Who are the top competitors of LevelUp?

LevelUp's top competitors include Toast, Lunchbox and Olo. Among them, SynergySuite secured the most recent funding round in August, 2025.

LevelUp - 2026 Company Profile, Team, Funding & Competitors

Q: Is LevelUp an acquired company?

LevelUp got acquired by Grubhub on Jul 25, 2018.

LevelUp is an acquired company based in Boston (United States), founded in 2008 by Seth Priebatsch. It operates as a Mobile wallet provider and white label service. LevelUp has raised $103M in funding from investors like Balderton Capital, CentroCredit Bank and U.S. Boston Capital. The company has 3337 active competitors, including 233 funded and 101 that have exited. Its top competitors include companies like Toast, Lunchbox and Olo.

Company Details

The LevelUp app for iPhone and Android allows registered users to securely link their debit or credit card to a unique QR code displayed within the app. To pay with LevelUp, users scan the QR code on their phone at LevelUp terminals located at local businesses who accept it as a form of payment. Users without smartphones can order a physical LevelUp card on which their unique QR code is printed. Supports NFC and iBeacon payments also. Businesses accept transactions for 1.95% flat rate. Has 1.5M+ active users with 14k+ businesses using the service.

Website: thelevelup.com
Social
Registered Address: 1 FEDERAL STREET 6TH FLOOR BOSTON, MA 02110

Key Metrics

Founded Year

2008

Location

Boston, United States

Stage

Acquired

Total Funding

$103M in 13 rounds

Latest Funding Round

Series E, Aug 15, 2017, $*****

Investors

Balderton Capital & 12 more

Ranked

22^nd among 3337 active competitors

Employee Count

107 as on Aug 31, 2026

Similar Companies

Lunchbox & 1414 more

Exit Details

Acquired by Grubhub (Jul 25, 2018)

View LevelUp's full profile

LevelUp is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SCVNGR, INC CIN: 263799041 , United States, Active	Nov 30, 2008	-	222 (As on Dec 31, 2018)	-

LevelUp got acquired by Grubhub on Jul 25, 2018 at an acquisition amount of $*****.

Click here to take a look at LevelUp's acquisition in detail

LevelUp has raised a total funding of $103M over 13 rounds. Its first funding round was on 2008. LevelUp has 13 institutional investors.

Here is the list of recent funding rounds of LevelUp:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 15, 2017	4584317	Series E	8095607	8476832	1994907	2909268
May 16, 2017	9145889	Conventional Debt	2469507	2545074	6515665	CentroCredit Bank
Apr 18, 2017	8244485	Series E	7205009	6104990	U.S. Boston Capital & 1 more	JPMorgan Chase

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View details of LevelUp's funding rounds and investors

The founders of LevelUp is Seth Priebatsch.

Here are the details of LevelUp's key team members:

Seth Priebatsch: Founder & CEO of LevelUp and founder of 2 other companies, Cafe Rewards For You and SCVNGR.

View details of LevelUp's Founder profiles and Board Members

LevelUp's employee count trend

LevelUp has 107 employees as of Aug 26. Here is LevelUp's employee count trend over the years:

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Top competitors of LevelUp include Toast, Lunchbox and Olo. Here is the list of Top 10 competitors of LevelUp, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Toast 2011, Boston (United States), Public	Cloud-based point of sale and management system for restaurants	$900M	Bessemer Venture Partners, Tiger Global Management ... & 30 others	82/100
2nd	Lunchbox 2019, New York City (United States), Series B	Provider of online ordering solutions for restaurants	$72.1M	Coatue, 645 Ventures & 20 others	80/100
3rd	Olo 2005, New York City (United States), Acquired	Provider of a platform for restaurant brands to manage digital operations	$73.6M	PayPal, Tiger Global Management & 10 others	80/100
4th	Odeko 2019, New York City (United States), Series E	Provider of online ordering solution for coffee businesses	$296M	B Capital, Notable Capital & 29 others	77/100
5th	Deliverect 2018, Ghent (Belgium), Series D	Streamlining restaurant and retail operations with end-to-end digital ordering solutions	$332M	DST Global, Alkeon Capital Management & 7 others	71/100
6th	Paytronix 2001, Newton (United States), Acquired	Provider of digital guest engagement platform for restaurants and c-stores	$75M	Great Hill Partners, SVB & 1 others	71/100
7th	Foodics 2014, Riyadh (Saudi Arabia), Series C	Cloud-based POS and restaurant management system for efficient operations	$198M	Sanabil, Raed Ventures & 15 others	70/100
8th	TouchBistro 2010, Toronto (Canada), Acquired	Cloud-based POS and restaurant management system	$321M	Kensington Capital Partners, Relay Ventures ... & 21 others	69/100
9th	SynergySuite 2011, Dublin (Ireland), Series B	AI-powered restaurant management software for streamlined operations and increased profitability	$28.6M	First Analysis, Oyster Capital Partners & 16 others	65/100
10th	Flipdish 2015, Dublin (Ireland), Series C	All-in-one restaurant platform empowering restaurants with online ordering and management tools	$157M	Global Founders Capital, Elkstone & 4 others	64/100
22nd	LevelUp 2008, Boston (United States), Acquired	Mobile wallet provider and white label service	$103M	Western Technology Investment, JPMorgan Chase ... & 11 others	59/100