Level (YC Summer 2021)

TL;DR: Level is a Y Combinator Summer 2021 startup Fast and simple fintech financing, currently acquired with an early-stage team.

Fast and simple fintech financing

YC ID
23974
YC Batch
Summer 2021
Status
Acquired
Industry
Fintech, Credit and Lending
Tags
Fintech, Lending
YC profile
https://www.ycombinator.com/companies/level

Last verified:

Level provides fast and simple financing to lending startups that gets them off the ground and grows with them as they scale. We do so by buying loans in small quantities at first and rewarding our customers with more access to capital based on performance. Co-founder & CEO, Vladimir Korshin, previously worked in the traditional venture debt system at Silicon Valley Bank, where he noticed that strong startups were frequently denied from non-dilutive financing because they were too small. Just 4 weeks after going live with our first customer, we purchased $1.3M in loans across 6 customers. The founding team brings 30+ years of startup experience: Vladimir previously worked as an operator at Facebook, Eventbrite, and Niantic; Asa Schachar was an engineer at Microsoft and managed teams of en…

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Frequently asked questions

Is Level a YC (Y Combinator) company?

Yes. Level was funded by Y Combinator in the Summer 2021 batch. Fast and simple fintech financing

What does Level do?

Level provides fast and simple financing to lending startups that gets them off the ground and grows with them as they scale. We do so by buying loans in small quantities at first and rewarding our customers with more access to capital based on performance. Co-founder & CEO, Vladimir Korshin, previously worked in the…

What YC batch was Level in?

Level was part of Y Combinator's Summer 2021 batch.

Is Level still active?

Level is currently listed as Acquired in Y Combinator's directory.

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