Levels, a New York-based software company that gives users real-time feedback on how food affects health, raised $38M in Series A funding at a $300m valuation.
Backers included Andrea Funsten, Ben Gilbert, David Rosenthal, Lenny Rachitsky, Airbnb Alumni Syndicate, Mario Gabriele, Mat Fraser, Moshe Lifschitz and Niv Dror, as well as a16z.
The company, which has raised $50m to date, intends to use the funds to expand from its current beta community of 25,000 paying members to reach full consumer availability and to work toward international expansion later this year.
Co-founded by Casey Means MD (Stanford MD), Josh Clemente (SpaceX, Hyperloop), Sam Corcos (CarDash, YC), David Flinner (Google), and Andrew Conner (Google), Levels helps users see how food affects their health. By leveraging data shared by members from biosensors like continuous glucose monitors (CGM), the company provides real-time feedback on how diet and lifestyle choices impact your metabolic health.
In line with the company’s goal of building a community to help solve the metabolic health crisis, the Series A financing included support through a Community Round that was open to all of its early members. More than 1,400 members invested in Levels, reaching the $5m allowed under crowdfunding regulations in less than six hours.