Level99 Raises $50 Million in Growth Equity from Act III Holdings for National Expansion.
Amount Raised
$50 Million
Round Type
Private Equity
Investors
Description
Level99 has secured a $50 million follow-on growth equity commitment from Act III Holdings, led by Ron Shaich. This investment will accelerate new unit development and expand the brand into top-tier markets across the U.S. Level99 has already opened its third venue and is planning more locations. The announcement reflects the company's strong growth in the competitive socializing category.
Quick answer
Level99 raised $50 Million in a Private Equity round, dated September 9, 2025. Investors: Act III Holdings. Level99 is based in Natick, Massachusetts, United States.
- How much did Level99 raise?
- Level99 raised $50 Million in a Private Equity round on September 9, 2025.
- Who invested in Level99?
- Act III Holdings is named as investors in this round.
- What does Level99 do?
- Level99 is a first-of-its-kind social entertainment venue, offering proprietary, real-world physical and mental interactive challenges and mini-games, chef-driven scratch cooking, and handcrafted beverages for a..
- Where is Level99 based and how big is it?
- Level99 is based in Natick, Massachusetts, United States. Fundz records about 130 employees.
- Who are the decision-makers at Level99?
- Fundz holds 2 contacts at Level99, including the Director of Operations. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hospitality and entertainment around the same time
Companies in the same sectors as Level99 that raised within 45 days of this round, from Fundz verified event records.
- UMe Tea raised $10M (Series A) on October 24, 2025.
- Wonderland Foods raised $16M (Funding Round) on October 23, 2025.
- HooLiv raised $2.7M (Pre-Series A) on October 17, 2025.
- SKYX Platforms raised $9.6M on October 17, 2025.
- Temple raised $5M (Seed) on October 17, 2025.
- Invyted raised an undisclosed amount on October 14, 2025.
Who to call at Level99, and when
A new round usually means Level99 is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Level99 raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Level99, from your own LinkedIn network
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Related People
Level99 raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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