How much did Lev raise?

Lev raised $170 Million in a Funding Round round on May 5, 2022.

Where is Lev based and how big is it?

Lev is based in New York, United States. Fundz records about 130 employees.

Lev Announces $170 Million In New Funding From Parker89, Cross River Digital Ventures And Others

PRIVATEMay 05, 2022

Amount Raised

$170 Million

Round Type

Funding Round

New YorkFinancial ServicesInternet Services

Description

Lev, the digital commercial real estate (CRE) transaction platform, today announced $170 million in new funding. The company has closed a $70 million Series B round led by Parker89 and Cross River Digital Ventures with participation from NFX, Canaan, JLL Spark, Animo Ventures, Capital One Ventures, Citi Ventures and Citi SPRINT, StepStone Group and Blitzscaling Ventures. Additionally, Lev has secured $100 million in debt financing from Cross River's Strategic Direct Lending Group. The new round brings Lev's total funding to over $200 million.

Quick answer

Lev raised $170 Million in a Funding Round round, dated May 5, 2022. Lev is based in New York, United States.

How much did Lev raise?: Lev raised $170 Million in a Funding Round round on May 5, 2022.
What does Lev do?: Lev is the digital commercial real estate financing platform offering fast, transparent access to capital from the world's leading financial institutions.
Where is Lev based and how big is it?: Lev is based in New York, United States. Fundz records about 130 employees.

Source: Fundz verified event record.

Who else raised in Financial Services and Internet Services around the same time

Companies in the same sectors as Lev that raised within 45 days of this round, from Fundz verified event records.

Leatherback raised $10M (Funding Round) on April 14, 2022.
Compt raised $13M on April 14, 2022.
Compt raised $13M (Series A) on April 14, 2022.
Wahed raised $50M (Series B) on June 17, 2022.
Dpvr raised an undisclosed amount (Funding Round) on June 17, 2022.
Team raised $25M (Grant) on June 16, 2022.

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Company Information

Company

Lev

Location

New York, United States

About

Lev is the digital commercial real estate financing platform offering fast, transparent access to capital from the world's leading financial institutions. Having closed $1 billion in CRE mortgages in 2021, Lev has grown 10x year-over-year thanks to its proprietary approach to CRE financing, including the industry's only API. Founded in 2019, Lev has raised over $200 million in funding from Parker89, Cross River Digital Ventures, NFX, StepStone Group, Canaan Partners, JLL Spark, Animo Ventures and Ludlow Ventures, among others. For more information, visit levcapital.com.

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