About lvl5
lvl5 is a Transportation, Automotive & Logistics company based in Redwood City (United States) founded in 2016 by Andrew Kouri, and was acquired by DoorDash in April 2019. 3D maps for autonomous vehicles. It operates in the Transportation, Automotive & Logistics and Technology sectors. lvl5 has raised $2 million across 1 funding round from investors including DoorDash, Paul Buchheit and Point Nine. Its chief executive, as recorded, is Andrew Kouri. The company was acqui-hired. Its focus areas include Auto Tech, Autonomous Vehicles, Enabling Technologies and Mapping. Its competitors include Hover, Mapbox and Esri; 2 of its 3 listed competitors have raised funding.
Company details
Founded in 2016 and headquartered in Redwood City, United States, lvl5 operates in the autonomous vehicle sector. Visual landmarks such as stop signs are extracted by its computer vision software from camera footage. This data is aggregated into 3D maps that allow vehicles to determine locations with inch-level precision. Cheap cameras are employed instead of LiDAR to achieve comparable accuracy at lower costs, supporting mass production of self-driving cars.
Funding Insights of lvl5
lvl5 has successfully raised a total of $2M through 1 strategic funding round. The most recent funding activity was a Seed round of $2 million completed in July 2017. 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 $2M
- Total Rounds 1
- Last Round Seed — $2M
- First Round $2M
(Jul 2017)
- Investors Count 3
All 1 funding rounds of lvl5 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $2M | Seed | – | Paul Buchheit, Point Nine | – |
4 investors in total: 3 institutional and 1 angel.
Investors in lvl5
lvl5 has secured backing from 4 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include DoorDash, Paul Buchheit and Point Nine.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments are directed toward marketplace and SaaS companies. | pointnine.com | Berlin, Germany | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | doordash.com | San Francisco, United States | |
PB Paul Buchheit | Creator of Gmail, angel investor, and Y Combinator partner | unknown_209e8089595e46eab |
Investor details for lvl5
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People of lvl5
1 people are tracked at lvl5 (1 in leadership).
| Name | Role | Group |
|---|---|---|
Andrew Kouri | Co-Founder & CEO | Leadership |
Complete people profiles for lvl5
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Timeline of lvl5
3 dated milestones of lvl5 across 3 years, from founding to its latest funding, stage changes and deals.
- Founded lvl5 is founded.
- Funding First funding round of $2.0M.
- Exit Acquired by DoorDash.
Competitors of lvl5
lvl5 has 3 listed competitors in our database, 2 of them funded. They include Hover, Mapbox and Esri.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hover.to | 2011 | San Francisco, United States | $142.3M | 280 | Hover is recognized for providing construction and renovation software solutions. | |
| mapbox.com | 2010 | San Francisco, United States | $506.6M | Maps, navigation, search, and data are supplied for multiple platforms. | ||
| esri.com | 1969 | Redlands, United States | Cloud-based spatial analysis and location mapping software is provided. |
Detailed competitors of lvl5
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Top companies in Autonomous Vehicles
3 companies that operate in the same segment as lvl5 (Autonomous Vehicles) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI and SaaS-based self-driving solutions for autonomous vehicles are provided. | 2017 | Mountain View, California, United States | USD 692.62 M | USD 3 M | 2,619 | |
Developer of LiDAR-based sensors | 2002 | San Francisco, California, United States | USD 129 M | USD 169.38 M | 192 | |
SaaS-enabled hardware and software for autonomous vehicles are developed. | 2013 | San Francisco, California, United States | USD 7.72 B | 3,326 |
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Related news about Lvl5
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Frequently Asked Questions about lvl5
lvl5 was founded in 2016 and raised its 1st funding round 1 year after it was founded.
lvl5 is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Andrew Kouri is the CEO of lvl5, as recorded in our data. They have also founded this company.
lvl5 is a funded company, having raised a total of $2M across 1 funding round to date. The company's 1st funding round was a Seed of $2M, raised on Jul 2017.
Founded in 2016 and headquartered in Redwood City, United States, lvl5 operates in the autonomous vehicle sector. Visual landmarks such as stop signs are extracted by its computer vision software from camera footage. This data is aggregated into 3D maps that allow vehicles to determine locations with inch-level precision. Cheap cameras are employed instead of LiDAR to achieve comparable accuracy at lower costs, supporting mass production of self-driving cars.
lvl5 has 4 investors. Key investors include DoorDash, Paul Buchheit, Point Nine, and Y Combinator.
Yes. lvl5 was acquired by DoorDash in April 2019.