Lev
233 Spring Street, 4th Floor, New York, 10013, United States
Overview
Lev operates a digital commercial real estate financing and transaction platform that connects loan seekers with customized financing from leading financial institutions. Its technology gives borrowers instant access to tailored financing options based on precise needs. The company says it closed $1 billion in CRE mortgages in 2021. Lev intends to use new capital to enhance its product offerings, recruit talent across all departments, and increase research and development for its marketplace and end-to-end lending experiences. Led by CEO Yaakov Zar, the company emphasizes building marketplace and lending infrastructure to streamline CRE transactions. The firm is based in New York. Lev is a full-stack online transaction platform that supports the lifecycle of commercial real estate investments, from analysis, financing and closing to monitoring, servicing and disposition. Led by founder and CEO Yaakov Zar, the company serves commercial real estate borrowers and lenders through its financing transaction platform. Lev closed approximately $100M of loans in 2020, its first year in existence, and was projected to close over $1B in 2021. The company plans to use the Series A proceeds to expand its team at its New York City HQ, Miami R&D center and Los Angeles outpost, as well as via remote hires. Lev will also invest the funds in product development and extending its services. The platform aims to streamline commercial real estate financing workflows across sourcing, execution and post-close servicing. Lev is a NYC-based online commercial real estate financing transaction platform led by CEO Yaakov Zar. It leverages a combination of machine-learning, custom software, and commercial real estate expertise to help investors build and close optimal capital stacks for each transaction. The company has closed over $100M in transactions over the last 12 months and serves clients ranging from small commercial real estate investors to some of the largest institutional investors, with transactions across asset types nationwide. Lev has a team of 30 across capital markets and technology. The company intends to use the $10M in seed funding to continue to expand operations and broaden its business reach.
- Total raised
- $210M
- Funding rounds
- 4
- Latest round
- Series B
- Latest activity
- May 2022
Industries
- Commercial Real Estate
- FinTech
- Marketplace
- Real Estate
- Real Estate Investment
Recent funding
Series B
May 2022
$70M
Series A
Jul 2021
$30M
Seed
Mar 2021
$10M