What is Level Home?
Based in Redwood City, California, Level Home is redefining the smart home experience by prioritizing design-forward, invisible technology. The company's flagship product line, including the Level Lock and Level Bolt, transforms standard residential hardware into sophisticated, connected devices without compromising aesthetic integrity. By focusing on the smallest advanced smart lock technology, Level Home has carved out a distinct niche in the competitive home automation market. Their software-driven approach ensures that security and convenience are seamlessly integrated into the home, appealing to both tech-savvy consumers and those seeking minimalist design solutions. The company's market position is bolstered by its ability to bridge the gap between traditional home hardware and the digital smart home infrastructure.
How much funding has Level Home raised?
Level Home has raised a total of $171M across 2 funding rounds:
Other Financing Round
$71M
Series C
$100M
Other Financing Round (2019): $71M with participation from Walmart, Hut 8 Ventures, and Lennar Homes
Series C (2021): $100M led by Cox and Walmart
Key Investors in Level Home
Walmart
Walmart Inc. is a global retail giant operating a vast network of supercenters and eCommerce platforms, focusing on consumer goods, home improvement, and digital financial services.
Cox
Cox Communications is a leading American telecommunications firm providing high-speed internet, home automation, and security services to millions of residential and business customers.
Lennar Homes
Lennar Homes is one of the largest home construction companies in the United States, specializing in the development of residential communities and the integration of smart home technology into new builds.
What's next for Level Home?
With the recent influx of capital, Level Home is expected to prioritize the scaling of its distribution channels and the enhancement of its software ecosystem. The strategic alignment with major retail and telecommunications partners suggests a focus on broader consumer adoption and deeper integration into existing smart home platforms. As the company moves beyond its initial development phase, the focus will likely shift toward product diversification and the expansion of its connected home suite. By maintaining its commitment to invisible, high-performance hardware, Level Home is poised to capture a larger share of the residential security market, leveraging its recent financing to solidify its status as a leader in the next generation of home automation.
See full Level Home company page
