Focus That Compounds

Level Equity is a growth equity firm that invests in exceptional software and AI-enabled businesses, bringing flexible growth capital, hands-on operational support, and deep software investing experience to help them build from a position of strength.

Choose More Than Capital

High-growth software businesses deserve more than capital. They deserve investors who understand this stage and can help them achieve even better outcomes. The Level team is a group of career growth equity investors specializing in B2B software, providing flexible capital solutions to fit each company’s needs – including majority buyouts, minority growth equity, and structured capital solutions.

Level brings far more than capital to its partnerships: strategic guidance from a team of career software investors, and hands-on scaling guidance from software operators who have spent years growing middle-market software businesses. Simply put, we combine strategic and operational value creation with capital to enable high-impact growth outcomes.

Why Level
Assets Under Management
$6.4B
Investments Made
130
Specializing in Middle Market Software
17 Years
Average Senior Team Tenure at Level
11 Years

*As of September 30, 2026

What Our Partners Say

The best case for Level is made by the teams that we back.

"The Level team has really good instincts and intuition. They also have a very balanced approach to growth and to building a very successful business, with open dialogues and a direct line of communication."

Anthony Brooks-Williams Former CEO, HVR

"Level has been a great partner to Planet DDS from the beginning. The firm is filled with high-integrity people whose actions have always followed their words. The team at Level has a keen understanding of what motivates CEOs, allowing executives the room to solve problems while providing the support necessary to increase the likelihood that those decisions are correct."

Eric Giesecke CEO, Planet DDS

"I can confidently say that Level Equity is a top-notch investment firm that truly cares about the success of their portfolio companies. Their team is made up of seasoned experts who not only bring a wealth of knowledge and experience to the table but also a genuine passion for entrepreneurship. Their approach is collaborative, transparent, and always focused on creating value for their partners."

Jonathan Morse Founder & Former CEO, Tripleseat

"Level has been an exceptional partner who provided guidance and insight that made us a much better company that helped us build Fusion into a market-leading global brand."

David Nolan Founder, Fusion Risk Management

"Level has been an awesome partner for Instaclustr right from the get-go and all along the way. Having a global firm that could help us scale internationally was crucial for us as we expanded the business around the world and their depth of experience in transacting really came through in what was to become the next step of our journey. Whether things were going well, or there were hard decisions to make, Level was incredibly supportive and valuable to the founding team."

Peter Lilley Founder & Former CEO, Instaclustr

"Level is a great partner because they’re excited to help and highly capable of doing so, but also happy to give you space to execute as a CEO. There’s a reason I chose to work with Level in back-to-back companies: they amplify success but with a low-ego, partnership approach."

Joseph Ferrara Former CEO, Wombat

"Level Equity was a fantastic partner for CloudCheckr. They were easy to work with, supportive and a great resource for the management team. They took the time to understand a complex business and were willing to invest into long-term initiatives. They were instrumental in helping us shape and pursue our vision. Their style is hands on, but not intrusive and extremely supportive."

Tim McKinnon Former CEO, CloudCheckr

"Level took the time to understand the nuances of what made simPRO tick and what made us unique. They’ve empowered us to work as a unit and as a team, and we’ve leveraged their expertise and knowledge to be successful."

Sean Diljore Former CEO, simPRO

Mr. Brooks-Williams is the former CEO of HVR, a former portfolio company of funds managed by Level. He is a current investor in a fund managed by Level, and this statement is therefore a testimonial. He received no compensation from Level for this statement, but has a material conflict of interest as a result of Level’s prior investment in HVR and his investment in a fund managed by Level. See Testimonial and Endorsement Disclosure.

Mr. Giesecke is the CEO of Planet DDS, a portfolio company of funds managed by Level. He is not a current Level client or fund investor and received no compensation from Level for this statement, but has a material conflict of interest as a result of Level's investment in Planet DDS. See Endorsement Disclosure.

Mr. Morse is the founder and former CEO of Tripleseat, a current portfolio company of funds managed by Level. He is a current investor in funds managed by Level, and this statement is therefore a testimonial. He received no compensation from Level for this statement, but has a material conflict of interest as a result of Level’s investment in Tripleseat and his investment in funds managed by Level. See Testimonial and Endorsement Disclosure.

Mr. Nolan is the founder of Fusion Risk Management, a current portfolio company of funds managed by Level. He is not a current Level client or fund investor and received no compensation from Level for this statement, but has a material conflict of interest as a result of Level’s investment in Fusion Risk Management. See Endorsement Disclosure.

Mr. Lilley is the founder and former CEO of Instaclustr, a former portfolio company of funds managed by Level. He is not a current Level client or fund investor and received no compensation from Level for this statement, but has a material conflict of interest as a result of Level’s investment in Instaclustr. See Endorsement Disclosure.

Mr. Ferrara is the former CEO of Wombat, a former portfolio company of funds managed by Level. He is not a current Level client or fund investor and received no compensation from Level for this statement, but has a material conflict of interest as a result of Level’s investment in Wombat. See Endorsement Disclosure.

Mr. McKinnon is the former CEO of CloudCheckr, a former portfolio company of funds managed by Level. He is not a current Level client or fund investor and received no compensation from Level for this statement, but has a material conflict of interest as a result of Level’s investment in CloudCheckr. See Endorsement Disclosure.

Mr. Diljore is the former CEO of simPRO, a current portfolio company of funds managed by Level. He is not a current Level client or fund investor and received no compensation from Level for this statement, but has a material conflict of interest as a result of Level’s investment in simPRO. See Endorsement Disclosure.

A Team Built with Intention

Level is led by a senior team of middle-market specialists that have devoted their careers to software investing. Our average senior team tenure is over a decade, and this continuity is the foundation of how we support our partners.

Level Perspectives

Recent news, insights, and thinking from across the Level team.

  • Level Equity Named Among Inc. Magazine’s Founder Friendly Investors of 2026 for Fourth Consecutive Year

    Read More
  • Ben Levin, Co-Founder and CEO, and Sarah Sommer, Co-Founder and Partner, named among GrowthCap’s Top Software Investors of 2026

    Read More
  • Level Equity Portfolio Company, TrueComp, Names Martha Mathers as CEO to Lead Next Phase of Growth and Innovation

    Read More

Companies shown above are a representative selection of current and former Level portfolio companies, chosen to illustrate the range of sectors in which Level invests, and are not intended to indicate the performance of any investment. A complete list of Level portfolio companies is available on our Portfolio page.

TESTIMONIAL AND ENDORSEMENT DISCLOSURE: The statements provided herein are made by certain founders or executives of Level’s past and/or current portfolio companies. Certain of these individuals are current investors in one or more private funds managed by Level, and their statements are deemed “testimonials” because they are made by a current private fund investor and indicate approval, support, or a recommendation of Level, or describe the individual’s experience with Level. The remaining individual is not a past or current Level client or fund investor, and that individual’s statements are deemed “endorsements” because they are made by an individual other than a current client or private fund investor and indicate approval, support, or a recommendation of Level, or describe the individual’s experience with Level. None of these individuals has been directly compensated for making these statements. However, the portfolio companies in which these individuals hold or held a significant equity interest may have received financial investment from Level through one or more funds managed by Level. As such, these individuals may have an indirect financial interest in the success of Level’s activities or in presenting Level in a favorable light. In addition, individuals who are investors in funds managed by Level have a direct financial interest in the performance of those funds, which creates an additional conflict of interest.

These individuals’ statements reflect past, subjective experiences and are not indicative of future performance or success. Any testimonial or endorsement made by these individuals does not guarantee that future clients or portfolio companies will have similar experiences or achieve similar outcomes. Investment outcomes are subject to numerous risks and uncertainties, and there can be no assurance that any investment will achieve its objectives or that investors will not experience losses. The statements made by these founders should not be considered specific investment advice, does not take into account any specific situation, and is not intended to make an offer or solicitation for the sale or purchase of any securities or investment strategies. Investments involve risk and are not guaranteed.