About Level
Level is a company based in Redwood City (United States) founded in 2010 by Ken Goto and John Martin was acquired by Assa Abloy in September 2024. It operates as a Direct-to-Consumer (D2C). Level has raised $171 million across 2 funding rounds from investors including Walmart, Cox Communications and Assa Abloy. Level has completed 1 acquisition, including Dwelo. Level offers products and services including Level Lock Pro, Level Lock, and Level Bolt. Level operates in a competitive market with competitors including Assa Abloy, igloohome, Gate Labs, Nuki Home Solutions and Igloocompany, among others.
- Headquarter Redwood City, United States
- Founders Ken Goto, John Martin
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Sectors
Industrial Goods & ManufacturingTechnology
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Assa Abloy
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$171 M (USD)
in 2 rounds
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Latest Funding Round
$100 M (USD), Series C
Nov 10, 2021
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Investors
Walmart
& 3 more
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Employee Count
Not available
- Investments & Acquisitions
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Acquired by
Assa Abloy
(Sep 10, 2024)
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Products & Services of Level
Level offers a comprehensive portfolio of products and services, including Level Lock Pro, Level Lock, and Level Bolt.
Advanced smart lock with Apple home keys included.
Compact smart lock designed for everyday simplicity.
Retrofit solution to make existing locks smart.
People of Level
Unlock access to complete
Funding Insights of Level
Level has successfully raised a total of $171M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in November 2021. 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.
Investors in Level
Level has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include Walmart, Cox Communications and Assa Abloy.
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Internet, television, and webmail services are provided nationwide.
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Multinational retail corporation
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Property developer focusing on multi family housing units
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Investor details for Level
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Investments & Acquisitions by Level
Level has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Dwelo.
Investment portfolio details for Level
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Smart apartment management solutions are offered for managers and residents.
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Locked | Locked | 2014 | Locked |
Complete acquisition details for Level
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Financial Statements - Level
Detailed financials for Level
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Level Comparisons
Peer comparison for Level
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Competitors of Level
Level 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 Assa Abloy, igloohome, Gate Labs, Nuki Home Solutions and Igloocompany, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Provider of cloud-based access control systems
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Keyless smart locks are developed for consumer and commercial applications.
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Camera-equipped smart locks are developed for home entry.
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Cloud-based smart door locks are manufactured for remote access.
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Provider of smart locks for diversified purposes
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Detailed competitors of Level
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Level
Complete news archive for Level
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Frequently Asked Questions about Level
Level was founded in 2010 and raised its 1st funding round 9 years after it was founded.
Level is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Level is a funded company, having raised a total of $171M across 2 funding rounds to date.
Smart home solutions are provided by Level, focusing on innovative lock technology. Products include advanced smart locks with features like Apple home keys and door status detection. The company operates in the consumer electronics sector, emphasizing security and convenience. Minimal design and high durability are integrated into offerings. Solutions cater to residential users seeking enhanced access control.
Level's top competitors include igloohome, Assa Abloy and Gate Labs.
Level offers Level Lock Pro, Level Lock, and Level Bolt.
Level has made 1 acquisition, including Dwelo.
Level has 4 investors. Key investors include Walmart, Cox Communications, Assa Abloy, and Lennar.