Fundraising Fox

Level Equity

Growth equity

New York · Growth–Late Stage · 65 people tracked

Also known as LEVEL EQUITY 2015 · LEVEL EQUITY MANAGEMENT, LLC · LEVEL EQUITY PARTNERS

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Investment thesis

Level Equity focuses on the lower middle market, providing long-term growth capital to rapidly growing software and technology-enabled businesses. It backs founders building companies that transform and innovate their markets, deploying capital through two strategies: growth equity and structured capital. The firm supports portfolio companies with hands-on strategic guidance via its in-house value creation team, NextLevel Operations.

Source: firm website, verified Aug 25, 2026.

Stage
Growth–Late Stage
Check
$30M
HQ
New York, New York, US
Instruments
Equity · Debt
Founded
2009
Last 12 months
2 investments
AUM
$6.5B
Tracked investments
144

Team · 65 people

from the firm's website & public directories
Chris Barrand· Principalin
Aimee-Marie Holland· Executive Assistantin
Amanda Mertes· Operating Expert, Operations and M&A
Amy Kramer· Head of NLO Go To Marketin

Recognized among GrowthCap's Top Women Leaders in Growth Investing of 2026.

Ben Magleby· General Counsel and Chief Compliance Officerin
Brittany Martorella· Executive Assistantin
Caleb Hill· Operating Partner, Finance & Operationsin
Dylan Starace· Finance Analystin
Elaine Harris-Whalen· Vice President of Human Resourcesin
Erica Randell· Executive Assistantin
Ethan Rubenstein· Summer Analystin
Fletcher Orr· Analystin
Haley Johnson· Principal, Structured Capitalin

Recognized among GrowthCap's Top Women Leaders in Growth Investing of 2026.

Hilary Kay· Operating Expert, Marketingin
Jake Foster· Special Operator, Technologyin
Jennifer Flanagan· Operating Expert, Revenue Operationsin
Julia Paine· Summer Analystin
Katie Christian· Operating Expert, Retentionin
Kristen Hoey· Operating Expert, Talent
Maddie Lee· Vice President of Investor Relations
Michael Galgano· Finance Associate
Nate Linn· Partner and Chief Operating Officer
Nick Aqleh· Head of Technologyin
Nifath Chowdhury· Office Manager and Executive Assistant
Patrick Donnelly· Special Operator, AI
Ray Carey· Head of NextLevel Operationsin
Ron Yang· Operating Partner, Product Strategy & AIin
Sam Miller· Special Operator, GTM
Sarah Hubner· Jr. Executive Assistantin
Sean Soderlund· Finance Managerin
Sunny Tam· Head of Finance
Viviana Lozito· Executive Assistant

What they invest in

from 70 of 144 portfolio companies

SaaS ×57AI & Machine Learning ×36Enterprise Software ×32Marketing Tech ×10Cybersecurity ×7Digital Health ×6Future of Work ×6Healthtech ×6

HQs:United States×44Canada×4Australia×1Germany×1France×1United Kingdom×1

Who they back

founder profiles across 35 portfolio companies
74%
solo founders
26 of 35 mapped founding teams
42%
repeat founders
of 12 founders with career history
~2 yrs
old at investment
median across 9 dated deals

Founding team size:solo founder×262 founders×73 founders×2

Where their founders studiedfrom 10 founders with education data

University of Toronto - Woodsworth College ×2

Where their founders worked beforefrom 12 founders with career history

McKinsey & Company ×2

Accelerator rootsportfolio companies that came through a program

Techstars ×2Y Combinator ×2

Investments · 144 tracked

founders shown can be your intro path

By year:2026 · 12025 · 22024 · 52023 · 22022 · 22021 · 32020 · 32019 · 22018 · 12017 · 12016 · 22015 · 329 dated

Foxenfoxen.comin✓ verified

Foxen provides an AI-powered compliance platform for multifamily property management, offering renters insurance compliance monitoring, COI verification, pet policy management, and rent reporting to credit bureaus.

InsurTechPropTechSaaSColumbus, US

Jay Harkrider(Founder)inJames Harkrider(Executive Officer, Director)Kelli Stiles(Executive Officer)Patrick McBride(Executive Officer, Director)Sean Scott(Executive Officer)Kevin Jacobsen(Executive Officer)

Co-investorsSummit Partners

Leonardo247leonardo247.cominSep 2020✓ verified

Leonardo247 provides property operations software for the multifamily and apartment real estate industry, with products spanning acquisition, performance, risk protection, resident connection, and turn management.

AI & Machine LearningEnterprise SoftwarePropTechSaaSRedondo Beach, US

Daniel Cunningham(Founder)John Morris(Director)Suellen McFarling(Director)Mike Clow(Director)Joseph P. Bailey, III(Director)Ken McDonald(Chief Executive Officer)

Co-investorsBigfoot Capital

Collaborative Boating, Inc.Aug 2024SEC filingmedium confidence

Aventura, US

Andrew Sturner(Executive Officer, Director)Marc Billings(Director)Fred Barboni(Executive Officer)Ed Fish(Director)Alex Warner(Director)

Board seatLuis Spradley· per SEC Form D · $10M raise · filed Aug 2024

Co-investorsUS VC

FormAssemblyformassembly.comin𝕏Jan 2021

FormAssembly is a data collection platform that captures structured, validated information through secure online forms and routes it into Salesforce and other systems of record.

Data & InfrastructureEnterprise SoftwareSaaSBloomington, US

Cedric Savarese(Executive Officer, Director)

Board seatGeorge McCulloch· per SEC Form D

GovInvest Inc.Dec 2022SEC filingmedium confidence

West Hollywood, US

Board seatBen LevinArthur Tingas· per SEC Form D · $4.9M raise · filed Dec 2022

WebLink Internationalmemberclicks.cominOct 2017

MemberClicks provides an all-in-one association management system (AMS) for associations, chambers of commerce, and nonprofits, handling dues collection, member data management, reporting, renewals, and email communications.

AI & Machine LearningEnterprise SoftwareSaaSAtlanta, US

Board seatBen LevinArthur Tingas· per SEC Form D

Co-investorsAllos VenturesElevate VenturesFive Elms CapitalSaaS Capital

Acceloaccelo.comin𝕏Feb 2024

Accelo provides software solutions for professional services businesses, helping teams manage operations and deliver services more efficiently.

AI & Machine LearningEnterprise SoftwareSaaSWollongong, AU

Co-investorsBlackbird Ventures

Acorn
ActiveComplyactivecomply.cominSep 2025

ActiveComply provides a compliance software suite that automatically monitors, flags, and remediates advertising and social media compliance issues, including AI-powered review of marketing materials, website monitoring, and digital field/workstation inspections.

FintechSaaS

AppSpace
Aventri
BigTime SoftwareMay 2014

Chicago, US

John S. Howell, Jr.(Director)John Pinkerton(Executive Officer)Peter Bauert(Director)Joel Dryer(Director)Lewis Joseph Matyas(Executive Officer)Edward Jeffrey Lyons(Director, Promoter)

Co-investorsVista Equity PartnersWavecrest Growth Partners

Black Box Intelligenceblackboxintelligence.comin𝕏

Black Box Intelligence offers an AI-based restaurant performance platform that combines guest experience management (surveys, reputation management), financial benchmarks, and workforce analytics into a single connected view.

AI & Machine LearningData & InfrastructureSaaS

Co-investorsDiversis

Blackthorn Io
Blue Ridge
BoardEffectboardeffect.com

BoardEffect provides board management software that lets organizations create AI-powered agendas and meeting summaries, share board books, minutes and materials, and manage committee workspaces, approvals and follow-ups.

Enterprise SoftwareGovTechSaaS

Carrot
Casagocasago.comin

Casago is a full-service vacation rental management company that handles marketing, booking, housekeeping, maintenance, guest screening, and 24/7 support for property owners, distributing listings across Casago.com and platforms like Airbnb and Vrbo.

MarketplacesPropTechTravel & Hospitality

Charted
Cheqroomcheqroom.comin𝕏

Cheqroom is an equipment operations platform that tracks physical assets across their full lifecycle, offering check-in/out, QR/RFID/GPS tracking, maintenance scheduling, availability forecasting, and compliance audit trails.

Enterprise SoftwareIoTSaaS

Chronuschronus.comin𝕏

Chronus offers an AI-assisted mentoring and connection platform for enterprise organizations, matching and guiding employees through career development, mentorship, peer learning, and community building.

Future of WorkHR TechSaaS

Co-investorsMonta Vista CapitalSOSV

CivicPlus
Clariclari.cominMar 2018

Clari, merged with Salesloft, provides an AI-powered system for revenue prediction and optimization serving enterprise customers.

AI & Machine LearningSaaSSales TechSunnyvale, US

Venkat Rangan(Executive Officer, Director)Andy Byrne(Executive Officer, Director)

BoardEnrique Salem(Director)inAjay Agarwal(Director)inAaref Hilaly(Director)inMark Gainey(Director)

Co-investorsB Capital GroupB4 CapitalBain Capital VenturesHubSpot VenturesMadrona Venture GroupQuest Venture Partners+8 more

Clew
CloudCheckr

Rochester, US

Aaron Newman(Executive Officer, Director)

Co-investorsMistral Venture Partners

ClubReady
Concept3Dconcept3d.comin𝕏Aug 2022

Concept3D offers a platform of digital experience tools—including interactive maps, virtual tours, event calendars (Localist), and room reservation software—that help organizations engage and navigate audiences.

EdTechMarketing TechSaaSDenver, US

Matt Brown(Founder)inTom McKelvey(Director)Caitlin Finn(Executive Officer)Rawleigh Ralls(Director)Oliver Davis(Director)Wink Jones(Director)

cplacecplace.comin

cplace is a flexible platform for next-generation project and portfolio management (PPM), combining ready-to-use, mix-and-match solution modules (such as Gantt charts, Kanban boards, and risk management) with AI assistants that automate routine tasks, detect risks, and provide data-based recommendations.

AI & Machine LearningEnterprise SoftwareSaaS

CriteriaOct 2015

West Hollywood, US

Josh Millet(Executive Officer, Director)David Sherman(Executive Officer, Director)

BoardSarah Sommer(Director)inEric Loken(Director)

CyberFOXcyberfox.comin𝕏

CyberFOX provides preventive cybersecurity tools including privileged access management, password management, AI-powered DNS security, and zero trust network access.

CybersecuritySaaS

David BelliniAdam SlutskinOs Haque

Co-investorsRadian Capital

Dash Socialdashsocial.comin𝕏

Dash Social provides an AI-powered social media management platform for organic, influencer, and paid marketing, covering planning, publishing, community management, and analytics.

AI & Machine LearningMarketing TechSaaS

Dialogtechdialogtech.comin𝕏May 2020acquired by Invoca

DialogTech was a Chicago-based provider of AI-powered call tracking and marketing analytics, acquired by Invoca in May 2021.

AI & Machine LearningMarketing TechSaaSChicago, US

Irvin M Shapiro(Director)William M. Conroy(Director)Robert Burns(Executive Officer)Bruce Barron(Director)Martin Pankau(Executive Officer)Hunter Witherington(Director)

Co-investorsRC CapitalTensility Venture PartnersRiver Cities Capital

ECi
ECP
Eftsureeftsure.comin

Eftsure provides a platform for verifying suppliers and protecting business-to-business payments, with tools for vendor management, payment verification, segregation of duties, and audit reporting.

CybersecurityFintechSaaS

Co-investorsOIF VenturesOur Innovation Fund

EHS Insightehsinsight.comin

EHS Insight is an AI-powered EHS (environment, health, and safety) and ESG software platform for safety and sustainability teams to manage incidents, risks, audits, compliance, and ESG reporting in one place, with mobile and offline field access.

Climate TechEnterprise SoftwareSaaS

Co-investorsPamlico Capital

EnergySysenergysys.cominFeb 2026

EnergySys offers a cloud platform that lets energy sector domain experts configure and run enterprise applications—covering production allocation, hydrocarbon accounting, emissions management, and reporting—using Excel-based, auditable logic without software developers.

Cloud ComputingEnergySaaS

Ensenta
Evaneosevaneos.frin𝕏

Evaneos is an online platform that connects travelers with local, destination-based travel agencies to co-create customized, responsible trips tailored to each traveler's budget and preferences.

MarketplacesTravel & Hospitality

Yvan Wibaux(Founder)in

Co-investorsIsaiISAI GestionSerenaXAngePartech VenturesQuadrille Capital+1 more

FileCloudfilecloud.comin𝕏

FileCloud is an enterprise file sharing, sync, and content collaboration platform that can be self-hosted on-premises or deployed on AWS, Azure, and Oracle Cloud, with support for object storage, Active Directory integration, and white-label branding.

CybersecurityEnterprise SoftwareSaaS

Co-investorsKennet PartnersSavant

Firm360
Fivetranfivetran.comin𝕏

Fivetran builds software that automatically moves and transforms data between cloud platforms and data warehouses, handling tasks like schema changes and data extraction so engineering teams can focus on analysis and insights.

Data & InfrastructureEnterprise SoftwareSaaSSan Francisco, US

Taylor Brown(Founder/COO)inGeorge Fraser(Founder)in

Co-investorsAndreessen HorowitzDraper AssociatesEarl Grey CapitalGarage CapitalICONIQMatrix+4 more

Fusion Risk Management
Groove
Headversityheadversity.comin𝕏

Headversity provides a workplace mental health platform offering proactive resilience and mental fitness training plus an implementation system that translates standards like ISO 45003 and the MHCC National Standard into actionable programs.

Enterprise SoftwareHealthtechHR TechMental HealthWellness & Fitness

Dr. Ryan Todd(Founder)

Co-investorsGolden Opportunities Fund

Healthy Rosterhealthyroster.comin

Healthy Roster provides software for athletic trainers to document injuries, run concussion testing, and access continuing education.

Digital HealthSaaSSports Tech

Co-investorsConnetic VenturesJobsOhio VenturesJumpstart VenturesRev1 VenturesTamarind Hill

Higher Logichigherlogic.comin𝕏Sep 2016

Higher Logic offers a community, communications, and engagement platform that unifies audience interaction data and applies AI to help organizations understand and personalize member and customer experiences.

AI & Machine LearningMarketing TechSaaSArlington, US

Robert A. Wenger(Chief Executive Officer)Andrew Steggles(President)

BoardLarry Contrella(Director)inRobert Nye(Director)in

Co-investorsJMI Equity

Hoxhunthoxhunt.comin𝕏

Hoxhunt provides an AI-powered human risk management platform that automates security awareness and phishing training for enterprise employees through gamified, personalized simulations and interactive training modules.

AI & Machine LearningCybersecurityEnterprise Software

Mika Aalto(Founder)in

Co-investorsDawn CapitalIcebreakerRound2 Capital Partners

HVR Software
Inbentainbenta.comin𝕏

Inbenta AI offers an AI-powered customer experience platform with virtual assistants, Voice AI, live agent assist tools (real-time translation, sentiment analysis, response generation), and an orchestration layer that coordinates LLMs, data, and workflows with audit trails and governance.

AI & Machine LearningEnterprise SoftwareSaaS

Instaclustrinstaclustr.comin𝕏acquired by NetApp

Instaclustr, part of NetApp, provides a managed platform, enterprise support, and consulting for open source data technologies, helping enterprises run their data layer more reliably and efficiently.

Cloud ComputingData & InfrastructureDeveloper ToolsEnterprise Software

Co-investorsBailador Technology InvestmentsOIF VenturesOur Innovation FundSignificant VenturesSydney Angels

InteliSecureintelisecure.comin𝕏

Greenwood Village, US

Robert Eggebrecht(Executive Officer, Director)Charles Bloomquist(Executive Officer, Director)Julie Layton(Executive Officer)Gary Schlisner(Executive Officer)

BoardJoel Lanik(Director)Robert Dunn(Director)

Co-investorsMultiplier Capital

Invisible Technologiesinvisibletech.aiin𝕏Jul 2019

Invisible builds AI systems embedded into enterprise operations and workflows, focusing on integrating AI infrastructure into existing business processes rather than deploying standalone software solutions.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareFuture of WorkSaaSSan Francisco, US

Francis Pedraza(Executive Officer, Director)inJay Kumar(Founder)inRicardo Pedraza(Executive Officer)Kamron J Palizban(Executive Officer)Marshall Sutherland(Executive Officer)Nicholas Paul Brysiewicz(Director)

Co-investorsAcrew CapitalBackedBY Venture PartnersDay One VenturesGolden Gate VenturesGreycroft+4 more

Legato Securitylegatosecurity.cominJun 2024

Legato Security is a US-based managed security service provider (MSSP) offering managed, strategic, and professional security services, including an MDR service that incorporates CAASM capabilities for real-time threat detection and asset visibility.

CybersecurityEnterprise SoftwareSaaS

Legwork

Wenatchee, US

Jeffrey Weber(Executive Officer, Director)Korey Korfiatis(Executive Officer)

Lock8
Logilelogile.comin

Logile provides workforce management, labor planning, and operational execution software for retailers, used to improve store scheduling, productivity, and associate retention.

Enterprise SoftwareRetail TechSaaS

Co-investorsSixth Street

Longboard Media
Lytholytho.comin

Lytho offers a marketing work management and digital asset management platform that combines creative workflows, approvals, and asset storage in one place, with AI tools that check content against brand and regulatory standards at the point of creation.

AI & Machine LearningMarketing TechSaaS

MachineMetricsmachinemetrics.comin𝕏

MachineMetrics provides a manufacturing execution system (MES) with AI-powered machine monitoring for discrete manufacturers.

Advanced ManufacturingAI & Machine LearningSaaSEasthampton, US

Co-investorsMassVenturesTola CapitalHyperplane Venture CapitalLRVHealth

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 3

IPOs and acquisitions across the tracked portfolio

Dialogtechacq. by InvocaInstaclustracq. by NetAppMomentFeed Incacq. by Uberall

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 5

as of Nov 2025
FundVintageCommittedNet IRRTVPIDPI
Level Equity Growth Partners V LPLPs: Employees' Retirement System of Rhode Island, Kern County Employees' Retirement Association202111.3%1.24x0.00x
Level Equity Opportunities FundLPs: Employees' Retirement System of Rhode Island20211.00x0.65x
Level Equity Opportunities Fund 2021LPs: Kern County Employees' Retirement Association202118.7%1.31x0.00x
Level Equity Growth Partners IV, L.P.LPs: Employees' Retirement System of Rhode Island201831.5%2.47x0.81x
Level Equity Growth Partners III, L.P.LPs: District of Columbia Retirement Board201613.7%1.64x1.15x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Level Equity made?
Level Equity has 139 tracked investments, 4 of which have exited via acquisition or IPO, including 4 dated in the last 24 months.
What stage does Level Equity invest at?
Level Equity invests at the Growth, Late Stage stages.
What is Level Equity's typical check size?
Level Equity typically writes checks of $30M.
What sectors does Level Equity focus on?
Level Equity focuses on AI & Machine Learning, Cloud Computing, Enterprise Software, SaaS.
Where is Level Equity located?
Level Equity is headquartered in New York, US.
Who does Level Equity co-invest with?
Level Equity most often shares deals with Blueprint Equity, OIF Ventures, Silver Lake Partners, among 106 tracked co-investors.

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