LEVL Technologies, Inc.

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LEVL Technologies, Inc. - overview

Established

2016

Location

Palo Alto, CA, US

Primary Industry

IT Security/Cybersecurity

About

LEVL Technologies, Inc. specializes in advanced technological solutions that enhance operational efficiency and drive innovation across diverse sectors, providing cloud-based software and data analytics tools tailored to industry needs. Founded in 2016 and headquartered in Palo Alto, US, LEVL Technologies, Inc. focuses on delivering innovative technological solutions.


The company was co-founded by Daniel Zahavi and Michael Estrin. In June 2022, LEVL was acquired by Comcast Corporation for USD 50 mn, facilitating Comcast's new research and development center in Israel. LEVL Technologies has completed a total of 4 deals, with the most recent deal occurring on 2022-06-20, raising a total of USD 50 mn from the Trade Sale. LEVL Technologies provides a suite of advanced technological solutions aimed at enhancing operational efficiency and driving innovation within various sectors.


The company's core offerings include cloud-based software that streamlines workflows, data analytics tools that provide actionable insights, and customizable platforms tailored to meet specific industry needs. These products address challenges in logistics, finance, and healthcare, optimizing resource allocation, improving decision-making processes, and facilitating better communication among stakeholders. Their client base comprises small to medium-sized enterprises and larger corporations, predominantly located in North America and Europe, with end users ranging from internal teams to executives leveraging data for strategic planning. LEVL Technologies generates revenue primarily through a subscription-based model with tiered pricing plans for its software solutions.


Clients select packages based on their organizational size and specific feature requirements, ensuring tailored access to the platform's capabilities. Transactions occur directly between LEVL and its customers, allowing for scalable usage aligned with business growth. The company also partners with larger enterprises, providing bespoke solutions that contribute to higher transaction volumes and fostering ongoing revenue streams through long-term contracts. Following the acquisition by Comcast Corporation in June 2022, LEVL Technologies plans to leverage its office in Israel as a basis for new product development and research initiatives.


The company is expected to expand its services into new markets, focusing on increased operations in Europe and Asia by the end of 2023. The recent funding will support these expansion efforts and the development of innovative software solutions tailored to emerging industry demands.


Current Investors

Ubiquity Ventures, In-Q-Tel, Amplify Partners

Primary Industry

IT Security/Cybersecurity

Sub Industries

IT Security/Cybersecurity, Monitoring & Security Software

Website

www.levl.tech

Verticals

IoT (Internet of Things)

Company Stage

Acquired

Total Amount Raised

Subscriber access only

LEVL Technologies, Inc. - employee data

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