How Much Did Level Home Raise?
Funding & Key Investors

Level Home, a Redwood City-based innovator in the smart home sector, has successfully secured significant capital to accelerate its market penetration. The company has reached a total funding milestone of $171M, bolstered by a recent strategic investment of $100M. This influx of financing underscores the growing demand for invisible, high-performance security solutions within the residential IoT landscape.

The firm's trajectory, marked by a series of capital injections, reflects a transition from early-stage development to a mature enterprise-level scaling phase. By prioritizing seamless integration and aesthetic minimalism, Level Home has positioned itself as a critical player in the evolving smart home ecosystem, attracting high-profile corporate backers who recognize the value of connected hardware in modern living environments.

What is Level Home?

Level Home
ManufacturingAppliancesElectronics

Level Home redefines the smart home experience by prioritizing invisible technology and sophisticated software architecture. The company is best known for its flagship product line, including the Level Lock and Level Bolt, which transform standard deadbolts into advanced, connected security devices without compromising the visual integrity of the door. By focusing on the intersection of hardware engineering and user-centric design, Level Home addresses the friction points often associated with traditional smart home installations, offering a streamlined, elegant alternative for the modern consumer.

How much funding has Level Home raised?

Level Home has raised a total of $171M across 2 funding rounds:

2019

Other Financing Round

$71M

2021

Series C

$100M

Other Financing Round (2019): $71M with participation from Lennar Homes, Hut 8 Ventures, and Walmart

Series C (2021): $100M led by Walmart and Cox

Key Investors in Level Home

Walmart

A global retail giant operating extensive eCommerce and physical store networks, focusing on consumer electronics and home improvement solutions.

Cox

A leading telecommunications and media firm providing high-speed internet and home automation services to residential and business customers.

Hut 8 Ventures

A venture capital entity focused on identifying and supporting high-growth technology companies within the digital infrastructure and innovation sectors.

What's next for Level Home?

With the support of major strategic partners, Level Home is poised to expand its footprint in the home automation market. The current funding context suggests a focus on scaling production capabilities and deepening integration with broader smart home platforms. As the company continues to refine its invisible security technology, it is likely to explore further partnerships with retail and telecommunications giants to enhance distribution and consumer accessibility. The strategic alignment with large-scale corporate investors indicates a long-term vision of becoming a foundational component of the connected home infrastructure, moving beyond niche hardware into a comprehensive, integrated residential security solution.

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Frequently Asked Questions Regarding Level Home Financial Insights

What are the most recent funding rounds that Level Home has completed, and what were the funding rounds?
Level Home has recently completed 2 funding rounds: Series C on Nov 10, 2021, Other Financing Round on Oct 15, 2019.
What is the total amount of funding Level Home has raised to date?
Level Home has raised a total of $171M in funding to date.
How many funding rounds has Level Home completed?
Level Home has completed 2 funding rounds.
How much funding did Level Home raise in its most recent funding round?
Level Home raised $100M in its most recent funding round.
Who are the lead investors in Level Home's latest funding round?
The lead investor in Level Home's latest funding round was Walmart. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Level Home's history?
The largest funding round in Level Home's history was $100M.
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