LevelUp, founded in 2008, is a disruptive force in the food and beverage, hospitality, mobile, and payments industries with its next-generation mobile experiences. The company's platform, which received a significant $13.00M in debt financing from CentroCredit Bank on 17 May 2017, offers a wide array of functionalities including mobile rewards, payments, native online ordering, customer relationship management, and a campaign creator with custom messaging. LevelUp's omnichannel loyalty and CRM platform gathers data from all in-store and order-ahead transactions, enabling targeted marketing campaigns to increase customer spend and frequency. With a strong focus on user experience and a potent marketing playbook, LevelUp reports over 35% average app usage, higher than adoption at Starbucks, Dunkin' Donuts, and Panera Bread. The company's two patents for integrated mobile payment at the point-of-sale position it as the sole provider of a seamless pay-at-the-counter experience. Furthermore, LevelUp's strategic partnerships with Chase, Facebook, and Google provide access to millions of potential customers, giving it a competitive edge in the market. The company's disruptive effect is also seen in the consumer front, where its order ahead feature allows customers to skip the wait at thousands of restaurant locations nationwide, making it a revolutionary solution to online ordering and mobile payments for restaurants. As LevelUp continues to build its network and integrate with prominent distribution channels, it's poised to take advantage of future shifts in the mobile landscape, solidifying its position as a growth engine for restaurants. More information can be found at http://www.thelevelup.com.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | $13.00M | 1 | CentroCredit Bank | 17 May 2017 |
Venture Round | $37.00M | 4 | JP Morgan Chase, U.S. Boston Capital | 17 May 2017 |
Venture Round | $5.00M | - | 04 Apr 2016 | |
Venture Round | $7.50M | - | 26 Sep 2013 | |
Venture Round | $21.00M | - | 01 Aug 2012 |
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