Levate

Oklahoma City, United States Founded: 2004 • Age: 22 yrs
Manufacturer of smart wheelchairs for orthopedically disabled people
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About Levate

Levate is a company based in Oklahoma City (United States) founded in 2004.. Levate operates in a competitive market with competitors including WHILL, Arcatron, Kalogon Smart Cushion, Shanghai Bangbang Robot and munevo, among others.

  • Headquarter Oklahoma City, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Funding Insights of Levate

  • Total Funding
  • Total Rounds 3
  • Last Round
  • First Round

    (01 Jun 2019)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2020 Amount Grant - Levate Valuation

investors

Jun, 2019 Amount Grant - Levate Valuation

investors

Jun, 2019 Amount Grant - Levate Valuation

investors

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 Levate

Levate has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include MassChallenge and National Science Foundation. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage entrepreneurs are accelerated through MassChallenge's program.
Founded Year Domain Location
A government-backed foundation providing seed-stage investments to support small businesses.
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 Levate

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 - Levate

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

Levate Comparisons

Employees
+
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Competitors of Levate

Levate 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 WHILL, Arcatron, Kalogon Smart Cushion, Shanghai Bangbang Robot and munevo, 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.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Personal electric wheelchairs for mobility support are developed.
domain founded_year HQ Location
Assisted mobility and elderly care devices are provided by Arcatron.
domain founded_year HQ Location
Manufacturer of wheelchairs
domain founded_year HQ Location
Assistive robotic solutions for mobility-impaired individuals are provided.
domain founded_year HQ Location
Smart wheelchairs for mobility-impaired users are controlled via head movements.
domain founded_year HQ Location
Mobility assistance devices including power wheelchairs and scooters are supplied.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Levate

Frequently Asked Questions about Levate

When was Levate founded?

Levate was founded in 2004 and raised its 1st funding round 15 years after it was founded.

Where is Levate located?

Levate is headquartered in Oklahoma City, United States. It is registered at Oklahoma City, Oklahoma, United States.

What does Levate do?

LEVATE is a manufacturer of smart wheelchairs for orthopedically disabled people. It has developed a lightweight manual wheelchair accessory that restores reach and independence, empowering people with the freedom to work, play, and love in their daily life. The lift is quickly attachable and detachable from the wheelchair and raises to eye level or any height in between to increase vision and reach in any environment.

Who are the top competitors of Levate?

Levate's top competitors include WHILL, Arcatron and Kalogon Smart Cushion.

Who are Levate's investors?

Levate has 2 investors. Key investors include MassChallenge, and National Science Foundation.

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