Level builds employer-sponsored dental and vision benefits via a full‑stack approach that includes automated underwriting, real‑time benefit analytics and fast claims processing. The company processes claims in about four hours versus the industry norm of 30–60 days. Level’s products are self‑insured and claim to often cut nearly 20% from employers’ benefits budgets; early customers reported larger savings (First Round Capital 47%, Thistle 41%). Level launched dental benefits in 2019, added vision, and serves more than 10,000 members from companies such as Intercom, Udemy, KeepTruckin and Thistle. The team emphasizes flexible networks, customizable employer plans (including 100% coverage options), and plans to roll out a new product to help smaller businesses offer larger benefits. Its long-term goal is a full suite of products enabling companies of all sizes to provide better benefits and reclaim unused funds.

Total raised

$27M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2021