Mobile Payment Network LevelUp Completes $50M Funding

LevelUp, a Boston, MA-based mobile payment network, completed a $50m funding round.

Investors included JPMorgan Chase, US Boston and CentroCredit Bank.

The company will use the funds to continue to advance product development and accelerate growth.

Led by Seth Priebatsch, LevelUp operates a payment app that enables consumers to order ahead at their favorite spots, LevelUp Agency, a custom development shop, which works with restaurants to build customized mobile engagement programs featuring in-store and order-ahead loyalty programs and a CRM to deliver targeted promotions.
LevelUp Agency partners include sweetgreen, Tropical Smoothie Cafe, Potbelly Sandwich Shop, and nearly 200 more brands across the nation.

The company is backed by Google Ventures, Highland Capital and JPMorgan Chase.



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