About Level Ventures
Level Ventures is a venture capital firm founded in 2021. It is primarily based out of New York City, United States. As of Sep 2025, Level Ventures has invested in 38 companies. It primarily invests in Series A round in Israel based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series D round of Enveda Overall, Level Ventures portfolio has seen 4 unicorns, 2 IPOs and 13 acquisitions including key companies like Uber, Eight Sleep and Canary. A lot of funds co-invest with Level Ventures, with names like FPV Ventures sharing a substantial percentage of its portfolio. Level Ventures has team of 6 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A & Series B
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
Level Ventures' List of Top Investments
Level Ventures has a portfolio of 38 companies, including 4 unicorns. Their most notable investments include Uber and Eight Sleep.Their portfolio spans across United States, United Kingdom, Israel and 1 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 20 other sectors, across stages such as Series A, Series B stages. Here is the list of top investments by Level Ventures:
1. Uber
Network providing on-demand transportation, delivery, and business management solutions. It facilitates ride requests and connects individuals with transportation providers. Additionally, it offers delivery services for food and other goods. The network extends to business solutions, providing tools for managing rides, meals, and local deliveries for organizations.
Key facts about Uber
- Founded Year: 2009
- Location: San Francisco (United States)
- Annual Revenue: $1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $13.2B
- Employee Count: 167,388 as on Sep 30, 2026
- Investors: TrueBridge, InvestX and 192 Others
- Latest Funding Round: Post IPO, Dec 19, 2020, $*****
- Highlight: Public
2. Eight Sleep
Provider of AI-based internet-first brand of mattress and smart mattress covers. It provides an AI-based internet-first brand of thermoregulated mattress, carbon air pillow, and smart mattress cover that is controlled via smartphone. It allows the user to set the temperature of the mattress independently and monitor the body vitals such as breathing and heart-rate variability. This control allows the user to fall asleep faster and improves the quality of sleep. The app can be connected with other smart devices to monitor sleep activity.
Key facts about Eight Sleep
- Founded Year: 2014
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $323M
- Employee Count: 272 as on Sep 30, 2026
- Investors: SoftBank Group, StartX and 88 Others
- Latest Funding Round: Series D, Mar 04, 2026, $*****
- Highlight: Editors' Pick
3. Canary
Provider of a safety sensor device for home monitoring. It offers smart security devices that have HD video cameras and safety sensors to track everything from motion, temperature and air quality to vibration, sound, and activity and can be controlled using a smartphone.
Key facts about Canary
- Founded Year: 2012
- Location: New York City (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $70.1M
- Employee Count: 108 as on Sep 30, 2026
- Investors: Western Technology Investment, Flextronics and 13 Others
- Latest Funding Round: Series B, Oct 15, 2018, $*****
- Highlight: Acquired
4. Route
Provider of post-purchase platform offering shipping protection, tracking, and issue resolution. The platform offers tools for package tracking, product recommendations, and carbon neutral shipping. It facilitates issue resolution for shipping problems and aims to improve customer satisfaction. The platform integrates with online stores to streamline the post-purchase experience.
Key facts about Route
- Founded Year: 2018
- Location: Lehi (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $340M
- Employee Count: 262 as on Sep 30, 2026
- Investors: 137 Ventures, Fifth Down Capital and 22 Others
- Latest Funding Round: Series C, Jun 25, 2024, $*****
- Highlight: Editors' Pick
Digital bank empowering entrepreneurs and savers with smart tools. It offers business loans across diverse sectors, integrated banking tools, and personalised savings accounts, the bank combines intuitive digital services with expert financial guidance. It empowers individuals and businesses to manage money, achieve targets, and scale with confidence, all backed by robust regulatory standards and secure banking practices.
Key facts about OakNorth Bank
- Founded Year: 2015
- Location: London (United Kingdom)
- Annual Revenue: £0 - £1M as on Dec 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $962M
- Employee Count: 681 as on Sep 30, 2026
- Investors: GIC, SoftBank Vision Fund and 18 Others
- Latest Funding Round: Series C, Jun 03, 2021, $*****
- Highlight: Editors' Pick
Level Ventures' Year-on-Year Investment Trends
Level Ventures has invested in 38 companies over the last 4 years, with an average of 0 new investment annually in the last 3 years. In 2025, it made 1 investment. Its most recent first time investment was in Quantum Source and most recent follow-on round was in Enveda.Level Ventures' Investments by Stage
Level Ventures has made 1 investment in Series A stage with an average round size of $50M and 1 investment in Series B stage with an average round size of $62.5M.Level Ventures' Investments by Sector
Level Ventures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, HealthTech, High Tech and Life Sciences. Notably, it has invested in 38 Tech companies, 23 Enterprise (B2B) companies, 21 Consumer (B2C) companies and at least 20 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 1 |
Enterprise Applications | 1 |
HealthTech | 1 |
High Tech | 1 |
Life Sciences | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Level Ventures' Investments by Geography
Level Ventures has made most investments in Israel (1), followed by United States where it has made 1 investment.Level Ventures' recent investments
Level Ventures has not made any investment in 2026 so far.Here are the most recent investments by Level Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 04, 2025 | United States | Series D | 5597 | [+10] | |
Sep 10, 2024 | Israel | Series A | 6731 | [+6] | |
Jun 14, 2024 | United States | Series B | 1741 | [+7] | |
Dec 01, 2022 | United States | Series B | 5748 | [+10] |
Unicorns in Level Ventures' Portfolio
Level Ventures has 4 unicorns in its portfolio - Eight Sleep, Enveda, Route and others. The most recent unicorn in their portfolio is Eight Sleep. It became a unicorn in 2026.Here is a list of unicorns in Level Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
81 | Provider of AI-based internet-first brand of mattress and smart mattress covers | 2014 | New York City | Series D | mhdcfpm | ||
63 | AI-based platform to decipher the chemistry of nature and develop new medicines | 2019 | Boulder | Series E | ysurxdd | ||
73 | Provider of post-purchase platform offering shipping protection, tracking, and issue resolution | 2018 | Lehi | Series C | jtard{u | ||
70 | Provider of digital banking services for businesses and personal savers | 2015 | London | Series C | yymdtig |
IPOs and Publicly Listed companies in Level Ventures' Portfolio
2 of Level Ventures' portfolio companies have become public. Hippo got listed on the New York Stock Exchange (NYSE), in Jan 2021 and Uber got listed on the New York Stock Exchange (NYSE) at marketcap of $8.1B.Here are Level Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 15, 2021 | - | - | 6857 | |
May 09, 2019 | - | - | 4194 |
Acquired companies in Level Ventures' Portfolio
13 companies from Level Ventures' portfolio have been acquired. The most recent acquisition was Chillhouse in Jan 2026 by Kiss for $*****.Here are Level Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 06, 2026 | - | - | 8506 | |
Jan 14, 2025 | - | - | 1314 | |
Mar 27, 2023 | - | - | 5829 | |
Jul 25, 2022 | - | - | 6126 | |
Jun 16, 2022 | - | - | 9031 |
Team profile of Level Ventures
Level Ventures has a team of 6 members including 2 Partners and 4 Principals located in United States. Level Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Level Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York | - | - | |
Partner | New York | - | ||
Principal | New York | - | - | |
Principal | New York | - | - | |
Principal | United States | - | - | |
Principal | New York | - | - |
Co-investors of Level Ventures
Over the past 4 years, 42 investors have co-invested in Level Ventures's portfolio companies. This includes funds and angels.
- Invested before Level Ventures: True Ventures, Lux Capital and 14 others have invested in rounds before Level Ventures. There is 1 company where True Ventures has invested before Level Ventures and 1 company where Lux Capital has invested before Level Ventures.
- Top Co-investors of Level Ventures: 8 investors entered a company along with Level Ventures. These include investors like FPV Ventures (1 company).
- Invested after Level Ventures: A total of 18 investors have invested in Level Ventures's portfolio after their investments. Top Investors include SVB (1 company), Kinnevik (1 company) and Henry R Kravis (1 company).
Recent News related to Level Ventures
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Creator Ventures Launches $45M Fund II, Focusing on AI and Consumer InternetTechCrunch+•May 20, 2025•Creator Ventures, Level Ventures, Cendana Capital, Vintage Investment Partners and 2 others
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DoNotPay Founder Raises $30 Million for New FundPANews•May 15, 2025•Sequoia Capital, Cendana Capital, GEM, Level Ventures and 2 others
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Quantum Source secures $50 million Series A to advance photonic quantum computersCTech•Sep 10, 2024•Quantum Source, Eclipse, Standard Industries, Level Ventures and 10 others
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Enveda raises $55M to combine ancient remedies with AI for drug discoveryChronicleslive•Jun 16, 2024•Enveda, Microsoft, The Nature Conservancy, Premji Invest and 7 others
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Enveda Biosciences Closes $68-million Combined Series B Equity and Debt FinancingBusiness Wire•Dec 21, 2022•Enveda, JAZZ Venture Partners, Level Ventures, Amino Collective and 7 others
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Better Meat Co. raises $8.1M in fundingFood Dive•Jul 29, 2020•The Better Meat Co, Greenlight Capital, Food Dive, Johnsonville and 3 others
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Better Meat Co Raises $8.1 Million For Plant-Based Ingredient EnhancersThe Spoon•Jul 28, 2020•The Better Meat Co, Greenlight Capital, Green Circle Foodtech Ventures, Johnsonville and 2 others
