Level Home builds invisible smart lock hardware (Level Lock, Level Lock – Touch Edition, and Level Bolt) and pairs that hardware with software to create a unified smart home experience. The company acquired and merged with Dwelo, a SaaS-based smart device management platform for multifamily properties, expanding Level’s addressable market to include multifamily, single-family, vacation rentals, and property-wide services. Dwelo has served nearly 100 ownership groups representing more than half a million units nationwide and recently acquired Vivint’s multifamily division, bringing operational-scale software and services to Level. Level emphasizes design, ease of installation, and reliability in its products and aims to deliver integrated hardware-plus-SaaS experiences for residents and property managers. The company plans continued product creation and platform development to expand value for residents and managers across property types. Financially, Level has raised a $100+ million Series C and has $171 million raised to date. Level Home's first product, the patented Level Lock, is a retrofit system that installs into an existing deadbolt and preserves the door's original look. The lock is ANSI GRADE 1/A, tested for durability, runs on a CR2 battery with an average life of about one year, and supports Apple HomeKit while retaining physical key access. The company offers self‑installation with a simple screwdriver or professional installation via partner HelloTech, and is taking preorders at $249 in the U.S., with plans for wider retail distribution at lower price points when generally available. Founders John Martin (CEO) and Ken Goto (CTO) lead a team of roughly 50 people with backgrounds at companies including Microsoft, Google and Apple, and say they have a pipeline of additional products. Financially, Level Home raised $71 million during its stealth period and has begun strategic go‑to‑market relationships that tie product sales to services and homebuilder channels.

Total raised

$171M

Funding rounds

2

Latest round

Series C

Latest activity

Nov 2021