Levr.ai Secures $1 Million in pre-Seed Round

by Kay Aloha Villamor in February 10th, 2023

Levr.ai, a Vancouver, Canada-based fintech software company transforming the way businesses access and manage loans, secured $1 million in a pre-seed funding round co-led by Sprout.vc and MAVAN Capital Partners.

Additional investors include Weave VC, AC100 VC and Red Thread Ventures, Teal Linde, Emily Davies, and Paul Podolny. Included was the support of non-dilutive capital from NRC (IRAP) Canada and BDC.

The funds raised will be invested in growing the existing team and expanding its reach to service United States-based businesses.

Levr.ai offers an artificial intelligence-driven loan marketplace that provides a wide range of funding options to small businesses seeking capital, including business term loans, receivables financing, merchant cash advances, and venture debt.

The company says its marketplace accelerates the process of looking for a loan, applying for a loan, and managing existing loans.

Levr.ai is for all types of small businesses seeking capital; from Brick and Mortar, Mom-and-Pop shops, online retailers, and software companies. The company has established partnerships with lending partners to offer a wide range of funding options.


Raised: $1.0M

Round: pre-Seed Round

Funding Month: February 2023

Lead Investors: Sprout.vc and MAVAN Capital Partners

Additional Investors: Weave VC, AC100 VC and Red Thread Ventures, Teal Linde, Emily Davies, Paul Podolny, NRC (IRAP) Canada, and BDC

Company Website: https://levr.ai/

Software Category: Loans Platform

About the Company: Founded by Kaylan Pepin and Roman Hartmann, Levr.ai is an intelligent loans platform built to get your business funded—fast. It uses AI to customize loan matches based on your business's data.  Levr.ai’s intelligent loans platform comes with free built-in resources. This includes guides, templates, and how to optimize the creation of required documents. Levr.ai is on a mission to transform the way businesses access capital and manage loans. It believes that its software will help more businesses secure funding preceding a forecasted recession in 2023. Levr.ai is currently working with over 15 lender partners and is headquartered in Vancouver, Canada. 

Source: https://www.newswire.ca/news-releases/levr-ai-secures-1-million-of-pre-seed-funding-to-change-the-way-businesses-access-and-manage-loans-884760882.html https://betakit.com/levr-ai-closes-1-million-in-pre-seed-funding-to-simplify-loan-applications/

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