Levels Raises $12M in Seed Funding

levels
Levels sensor

Levels, a NYC-based developer of a biowearable system to provide real-time feedback on how a diet impacts health, raised $12m in seed funding.

The round was led by a16z, one of Silicon Valley’s top venture capital firms whose portfolio includes Airbnb, Facebook, Instagram, Lyft, Pinterest, Slack, Stripe and Waymo. The round also includes participation from angel investors including Marc Randolph (co-founder and first CEO of Netflix), Dick Costolo (former CEO of Twitter), Michael Arrington (Founder of TechCrunch), and Matt Dellavedova (NBA, Cleveland Cavaliers).

The company is using the funds to continue to expand its develoment efforts.

Co-founded by Casey Means MD (Stanford), Josh Clemente (SpaceX, Hyperloop), Sam Corcos (CarDash, Y Combinator), David Flinner (Google), and Andrew Conner (Google), Co-founder, Levels measures the impact of one’s diet and lifestyle on metabolic health by pairing continuous glucose monitoring (CGM) technology with intelligent software.

The month-long program includes two 14-day CGM sensors and access to the app, which provides real-time analysis on how food, exercise, and other lifestyle decisions are impacting your health. Currently in a closed beta, Levels has a 50,000+ person waitlist and will be available for consumer purchase in early 2021.

FinSMEs

19/11/2020

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