Levelset

New Orleans, United States Founded: 2005 • Age: 21 yrs Acquired By Procore
Levelset is focused on construction payment and lien rights management.
Annual revenue - Latest available
Total funding $48.4M 6 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 4 Services tracked
Competitors 11 Brand Intelligence

About Levelset

Levelset is a company based in New Orleans (United States) founded in 2005 was acquired by Procore in September 2021. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Levelset has raised $48.44 million across 6 funding rounds from investors including Procore, Darren Bechtel and Michael Gollner. Levelset offers products and services including Lien Rights Management, Lien Waiver Solutions, Job Research, and Risk Intelligence. Levelset operates in a competitive market with competitors including Bill.com, AvidXchange, Melio, Lili and Zip, among others.

  • Headquarter New Orleans, United States
  • Sectors
    Real Estate & Construction
    Technology Financial Services
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $48.44 M (USD)

    in 6 rounds

  • Latest Funding Round
    $30 M (USD), Series C

    Dec 20, 2019

  • Investors
    Procore

    & 10 more

  • Employee Count
    Not available
  • Acquired by
    Procore

    (Sep 22, 2021)

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Products & Services of Levelset

Levelset offers a comprehensive portfolio of products and services, including Lien Rights Management, Lien Waiver Solutions, Job Research, and Risk Intelligence.

Product name locked
Category locked
Primary

Lien rights are secured through automated notice management.

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Efficient workflows for lien waivers are fully automated.

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Accurate project data is verified by expert teams.

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Project risks are monitored for smarter decision-making.

People of Levelset

Headcount 50-200
Employee Profiles 25
Board Members and Advisors 7
Employee Profiles
People
Gretchen Lynn
VP of Customer Experience
People
Seth Bloom
Senior Director of Attorney Services
People
Julie Ward
PR & Social Media Strategist
People
Finora Bradley
Office & Community Manager

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Board Members and Advisors
people
Craig Webb
Advisor
people
Charlie Plauche
Director
people
Bart Swanson
Director
people
Ho Nam
Director

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Funding Insights of Levelset

Levelset has successfully raised a total of $48.44M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in December 2019. 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 Levelset

Levelset has secured backing from 11 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Procore, Darren Bechtel and Michael Gollner.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage companies are funded by this venture capital firm.
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Venture capital investments are provided to Texas-based startups.
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Horizons Ventures is focused on investing in deep science and technology.
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Investor details for Levelset

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Levelset

Investments
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Investment portfolio details for Levelset

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Levelset

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Detailed financials for Levelset

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  • Profit trends
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Levelset Comparisons

Levelset Primary company
Description
Levelset is focused on construction payment and lien rights ...
Location
New Orleans, United States
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Levelset

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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  • Operating benchmarks

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Competitors of Levelset

Levelset 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 Bill.com, AvidXchange, Melio, Lili and Zip, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based accounts payable and receivable software for businesses
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Accounts payable and payment automation solutions are offered for businesses.
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Blood-based pathogen detection devices are manufactured for healthcare applications.
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Digital banking services are offered to freelancers.
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Cloud-based purchase approval management software is provided for businesses.
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Cloud-based cash flow management is provided for payers and vendors.
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Detailed competitors of Levelset

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Levelset

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Complete news archive for Levelset

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Levelset

Levelset was founded in 2005 and raised its 1st funding round 7 years after it was founded.

Levelset is headquartered in New Orleans, United States. It is registered at New Orleans, Louisiana, United States.

Levelset is a funded company, having raised a total of $48.44M across 6 funding rounds to date.

Levelset is engaged in providing software solutions for the construction industry, specializing in lien rights management and payment protection. Services are offered to material suppliers, equipment rental companies, subcontractors, and general contractors. Tools for automation, risk intelligence, and job research are provided to minimize financial risks and ensure compliance. Operations span across various U.S. states with resources tailored to state-specific regulations. Growth and efficiency in payment processes are supported through a trusted platform.

Levelset's top competitors include Bill.com, AvidXchange and Lili.

Levelset offers Lien Rights Management, Lien Waiver Solutions, Job Research, and Risk Intelligence.

Levelset has 11 investors. Key investors include Procore, Darren Bechtel, Michael Gollner, Altos Ventures Management, and S3 Ventures.

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