Investments
74Portfolio Exits
19Funds
6Service Providers
1About Level Equity
Level Equity aims to invest in high growth software, media, and internet businesses. Level Equity is based in New York but will evaluate investment opportunities worldwide in its target industries. The firm aims to find investments where they see product and technology innovation that are growing or have the potential to grow quickly and are targeting large markets.
Level Equity Headquarter Location
Two Grand Central Tower 140 East 45th Street, 14th Floor
New York, New York, 10017,
United States
212-660-2470
Research containing Level Equity
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CB Insights Intelligence Analysts have mentioned Level Equity in 1 CB Insights research brief, most recently on Oct 30, 2019.
Latest Level Equity News
Aug 4, 2022
Share Boat rental and experiences marketplace Boatsetter has landed $38 million to grow its inventory and product features. Level Equity led the Series B round, with participation from Suntex Marinas, Certares and others. Launched in 2014, Boatsetter connects boat owners and licensed captains to renters. It has more than 50,000 boat listings in 700 locations around the world and offers experiences such as wakeboarding, sunset cruises, party boats and fishing excursions. “Our mission has always been about celebrating the ways that the water brings people together, and making incredible on-the-water experiences more affordable and accessible to everyone, everywhere,” says Jaclyn Baumgarten, Boatsetter co-founder and CEO. Get a dose of digital travel in your inbox each day Subscribe to our newsletter below Submit “By making it simple and worry-free to book an experience through Boatsetter, we’ve been able to welcome hundreds of thousands of new boaters onto the water for the very first time. With this funding, we’ll continue to build on that momentum, bringing more boats, experiences and markets into the Boatsetter community.” Adds Gautam Gupta, partner at Level Equity: “We were attracted to how Boatsetter has taken the often intimidating arena of boat rental and ownership and made it remarkably intuitive. “They’ve put extensive work into building the infrastructure it takes to make a business like this successful in the long term, and they’ve cracked open a market for water experiences that was previously quite narrow - attracting hundreds of thousands of new boaters and boat owners of all ages and backgrounds in the process.”
Level Equity Investments
74 Investments
Level Equity has made 74 investments. Their latest investment was in Boatsetter as part of their Series B on August 8, 2022.
Level Equity Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
8/1/2022 | Series B | Boatsetter | $38M | Yes | 2 | |
5/31/2022 | Series B | HoxHunt | $40M | Yes | 8 | |
5/27/2022 | Series A | Foxen | $44M | Yes | 2 | |
4/21/2022 | Series A | |||||
3/16/2022 | Series A |
Date | 8/1/2022 | 5/31/2022 | 5/27/2022 | 4/21/2022 | 3/16/2022 |
---|---|---|---|---|---|
Round | Series B | Series B | Series A | Series A | Series A |
Company | Boatsetter | HoxHunt | Foxen | ||
Amount | $38M | $40M | $44M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 8 | 2 |
Level Equity Portfolio Exits
19 Portfolio Exits
Level Equity has 19 portfolio exits. Their latest portfolio exit was Instaclustr on January 12, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
1/12/2022 | Acquired | 1 | |||
12/7/2021 | Reverse Merger | 11 | |||
12/3/2021 | Acquired | 8 | |||
Date | 1/12/2022 | 12/7/2021 | 12/3/2021 | ||
---|---|---|---|---|---|
Exit | Acquired | Reverse Merger | Acquired | ||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 | 11 | 8 |
Level Equity Acquisitions
3 Acquisitions
Level Equity acquired 3 companies. Their latest acquisition was HackEDU on October 26, 2021.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
10/26/2021 | Acq - Fin | 1 | ||||
12/18/2017 | Growth Equity | |||||
12/31/2012 | Other |
Date | 10/26/2021 | 12/18/2017 | 12/31/2012 |
---|---|---|---|
Investment Stage | Growth Equity | Other | |
Companies | |||
Valuation | |||
Total Funding | |||
Note | Acq - Fin | ||
Sources | 1 |
Level Equity Fund History
6 Fund Histories
Level Equity has 6 funds, including Level Equity Opportunities Fund 2018.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
10/2/2018 | Level Equity Opportunities Fund 2018 | Expansions & Growth | Closed | $200M | 2 |
10/2/2018 | Level Equity Growth Partners IV | ||||
4/26/2016 | Level Equity Growth Partners III | ||||
12/10/2013 | Level Equity Growth Partners II | ||||
8/22/2011 | Level Equity Growth Partners I |
Closing Date | 10/2/2018 | 10/2/2018 | 4/26/2016 | 12/10/2013 | 8/22/2011 |
---|---|---|---|---|---|
Fund | Level Equity Opportunities Fund 2018 | Level Equity Growth Partners IV | Level Equity Growth Partners III | Level Equity Growth Partners II | Level Equity Growth Partners I |
Fund Type | Expansions & Growth | ||||
Status | Closed | ||||
Amount | $200M | ||||
Sources | 2 |
Level Equity Service Providers
1 Service Provider
Level Equity has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Series B | Counsel | General Counsel |
Service Provider | |
---|---|
Associated Rounds | Series B |
Provider Type | Counsel |
Service Type | General Counsel |
Partnership data by VentureSource
Level Equity Team
3 Team Members
Level Equity has 3 team members, including current Founder, Chief Executive Officer, Benjamin S. Levin.
Name | Work History | Title | Status |
---|---|---|---|
Benjamin S. Levin | Insight Partners, Greenwich Technology Partners, and Mentmore Holdings Corporation | Founder, Chief Executive Officer | Current |
George McCullough | Founder | Current | |
Glen P. Shields | Controller | Current |
Name | Benjamin S. Levin | George McCullough | Glen P. Shields |
---|---|---|---|
Work History | Insight Partners, Greenwich Technology Partners, and Mentmore Holdings Corporation | ||
Title | Founder, Chief Executive Officer | Founder | Controller |
Status | Current | Current | Current |
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