Level raised $3.6M in a seed funding round led by Polychain and Dragonfly to develop a stablecoin protocol backed by restaked dollar tokens.
Amount Raised
$3.6 Million
Round Type
Seed
Redwood CityManufacturingInvestors
Description
Level, a stablecoin protocol backed by restaked dollar tokens, has raised $3.6M in venture funding. The round was led by Polychain and Dragonfly, aiming to enhance their platform's capabilities.
Quick answer
Level raised $3.6 Million in a Seed round, dated August 29, 2024. Investors: Dragonfly and Polychain. Level is based in Redwood City, California, United States.
- How much did Level raise?
- Level raised $3.6 Million in a Seed round on August 29, 2024.
- Who invested in Level?
- Dragonfly and Polychain are named as investors in this round.
- What does Level do?
- Level Home is a design-forward smart lock company that focuses on creating smart locks that look like traditional locks, offering innovative solutions designed exclusively for the CEDIA channel.
- Where is Level based and how big is it?
- Level is based in Redwood City, California, United States.
Source: Fundz verified event record.
Who else raised in Manufacturing around the same time
Companies in the same sectors as Level that raised within 45 days of this round, from Fundz verified event records.
- Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
- Millennium Babycares raised $14 (Pre-Seed) on October 12, 2024.
- Amos Power raised $1.1M (Seed) on October 11, 2024.
- NewcelX raised $7.2M on October 11, 2024.
- Pursell Agri-Tech raised $8M on October 11, 2024.
- Lightmatter raised $350M on October 11, 2024.
Who to call at Level, and when
A new round usually means Level is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Level raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Level, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Level. With Fundz connected, it knows.
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Fundz sees it the moment Level raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Level raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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