Levatas

Palm Beach, United States Founded: 2006 • Age: 20 yrs
AI-based thermal anomalies are detected via computer vision and NLP.
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About Levatas

Levatas is a company based in Palm Beach (United States) founded in 2006 by Chris Nielsen.. Levatas has raised $5.5 million across 1 funding round from investors including Castellan. The company has 34 employees as of December 31, 2022. Levatas operates in a competitive market with competitors including Meltwater, Primer, Clarabridge, Elastic and Coveo, among others.

  • Headquarter Palm Beach, United States
  • Employees 34 as on 31 Dec, 2022
  • Founders Chris Nielsen
  • Sectors
    Technology
    Aerospace, Defense & Maritime Industrial Goods & Manufacturing
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Levatas Inc
Operational Areas
Technology → Geospatial, Imaging & Sensing Technology
Aerospace, Defense & Maritime → Defense Systems & Security Services
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems
Technology → Cloud, Data & Analytics Infrastructure
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Key Metrics
  • Annual Revenue
    $0
    0
    as on Mar 30, 2022
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.5 M (USD)

    in 1 rounds

  • Latest Funding Round
    $5.5 M (USD), Seed

    May 17, 2022

  • Investors
  • Employee Count
    34

    as on Dec 31, 2022

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People of Levatas
Headcount 10-50
Employee Profiles 7
Employee Profiles
People
David Newmon
Vice President Of Engineering
People
Chris Nielsen
Founder & CEO
People
Ryan Gay
COO
People
Jennifer Wheaton Kuzubova
Robotics Integration And Automation Project Manager, Help Desk Manager, Sr. Tech Support Engineer

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Funding Insights of Levatas

Levatas has successfully raised a total of $5.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5.5 million completed in May 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Seed — $5.5M
  • First Round

    (17 May 2022)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Seed - Levatas Valuation Castellan
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Levatas

Levatas has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Castellan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Investment and financial advisory services are provided by Castellan.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Levatas

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Levatas

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Levatas Comparisons

Employees
+
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Competitors of Levatas

Levatas operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Meltwater, Primer, Clarabridge, Elastic and Coveo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Latest news on Levatas

Frequently Asked Questions about Levatas

When was Levatas founded?

Levatas was founded in 2006 and raised its 1st funding round 16 years after it was founded.

Where is Levatas located?

Levatas is headquartered in Palm Beach, United States. It is registered at Palm Beach, Florida, United States.

Who is the current CEO of Levatas?

Chris Nielsen is the current CEO of Levatas. They have also founded this company.

Is Levatas a funded company?

Levatas is a funded company, having raised a total of $5.5M across 1 funding round to date. The company's 1st funding round was a Seed of $5.5M, raised on May 17, 2022.

How many employees does Levatas have?

As of Dec 31, 2022, the latest employee count at Levatas is 34.

What does Levatas do?

Levatas was founded in 2006 in Palm Beach, United States, as a provider of AI-based thermal anomaly detection solutions within the technology sector. Computer vision and natural language processing are utilized to identify objects and measure temperatures against expected conditions in high-traffic environments. An analog model is also offered, employing robotics or drones to capture images from various angles and recognize different gauge types for reference adjustments.

Who are the top competitors of Levatas?

Levatas's top competitors include Primer, Radius and Cohere.

Who are Levatas's investors?

Levatas has 1 investor. Key investors include Castellan.

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