Level Equity Management
Level Equity Management is a New York-based growth equity firm founded in 2009 that provides capital to lower middle market software and internet companies, managing $6.5B AUM across multiple funds.
- Company typePrivate
- Founded2009
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Level Equity Management does
Level Equity Management is a New York-based growth equity firm founded in 2009 that provides capital to lower middle market software and internet companies. The firm manages $6.5 billion in assets under management and has completed over 125 investments and 60+ liquidity events since inception. The firm operates a multi-fund platform spanning growth equity vehicles (Level Equity Growth Partners I–VI) and structured capital funds (Level Structured Capital I–III), with the third structured capital vehicle reaching final close in March 2026 at $293.5 million in commitments.
The firm's investment approach targets software and technology-enabled businesses, leveraging a proprietary sourcing engine (LevelEdge) and a community of 400+ growth-stage peers for deal origination and portfolio support. The firm has executed multiple fund vintages over its 17-year history, demonstrating consistent capital raising momentum. Portfolio companies receive hands-on value creation support across product, finance, and go-to-market functions through the firm's internal advisory capabilities.
Geographically, the firm operates across North America, Europe & Israel, and Australia & New Zealand, indicating a multi-continent investment footprint. The firm's strategy combines relationship-driven sourcing with operational support, positioning it within the lower middle market growth equity segment focused exclusively on software and technology-enabled businesses.
Level Equity Management firmographics
Firmographics- Name
- Level Equity Management
- Legal name
- Level Equity
- Website
- https://levelequity.com
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Level Equity Management is a New York-based growth equity firm founded in 2009 that provides capital to lower middle market software and internet companies, managing $6.5B AUM across multiple funds.
- Ownership category
- akta.pro rank
Level Equity Management industry classification
Industry- Product category
- Growth Equity / Private Equity
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Business Services (B2B) Growth Equity (FSANACAD)
Keywords
Where Level Equity Management is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Level Equity Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Private Equity Fund Management Fees: Level Equity generates recurring management fees on its Growth Equity Funds (Level Equity Growth Partners I–VI) and Opportunities Funds (Level Equity Opportunities Fund 2015, 2018, 2021, 2025) plus co-investments, with $6.5B in AUM across the platform.
- Structured Capital (Credit and Structured Equity) Returns: Level Structured Capital I ($90M), II ($157.5M), and III ($293.5M) provide flexible credit and structured equity solutions generating interest income and structured equity returns, with transaction sizes between $3M–$30M.
- Carried Interest / Investment Gains: Carried interest and performance-based returns from liquidity events across the 60+ exits completed since inception, including IPOs (Vacasa on NASDAQ at $4.4B) and strategic sales (Wombat to Proofpoint for $225M, HVR to Fivetran for $700M, Instaclustr to NetApp, CloudCheckr to NetApp).
Go-to-market motion3 records
Level Equity Management product offering
Product offeringCore offering
Level Equity Management is a private investment firm that provides growth equity and structured capital solutions to lower-middle-market B2B software and technology-enabled businesses. Across its Growth Partners (I-VI) and Structured Capital (I-III) fund series, the firm invests $20 million to $100+ million per transaction, and supplements its capital with NextLevel Operations, an in-house value creation platform that delivers functional expertise to portfolio companies.
Product overview
Level Equity Management operates as a unified platform that combines two distinct investment strategies — Growth Equity and Structured Capital — with a dedicated value creation engine called NextLevel Operations. The Growth Equity line invests in outstanding growth-stage software and technology-enabled businesses through both minority and majority investments, while the Structured Capital line provides flexible credit and structured equity solutions as an alternative to traditional equity or senior credit options. Underpinning both strategies is NextLevel Operations, Level Equity's in-house team of domain experts organized around Portfolio, Product & AI, Finance & Operations, and GTM focus areas, which delivers 1:1 coaching, team building, network access to 400+ growth-stage peers, and specialized support from Special Operators and Strategic Vendors. The firm also operates LevelEdge, its proprietary sourcing engine used to identify investment opportunities, and manages a series of funds including Level Equity Growth Partners I–VI, Level Equity Opportunities Funds, and Level Structured Capital I–III, with $6.5B in assets under management and over 125 investments completed since 2009. Together these offerings form an integrated lower-middle-market growth capital platform targeting B2B software companies across North America, Europe & Israel, and Australia & New Zealand.
Differentiator
Problem solved
Functional benefit
Brands
- Level Structured Capital: Level Equity's structured-capital investment strategy providing flexible credit and structured equity solutions for companies not seeking traditional equity or senior credit. Includes Level Structured Capital I, II, and III funds.
- NextLevel Operations
- Level Equity Growth Partners
- Level Equity Opportunities Fund
Products and services
- Growth Partners (Growth Equity Fund Series, vintages I-VI) Minority growth equity fund vehicles that invest $20M to $100M+ of equity capital per transaction in lower-middle-market B2B software and technology-enabled businesses across North America, Europe & Israel, and Australia/New Zealand. Offered to institutional limited partners including pensions, endowments, foundations, sovereign wealth funds, and family offices.
- Structured Capital (Structured Capital Fund Series, vintages I-III) Structured capital fund vehicles that provide flexible, customized debt-and-equity capital solutions to B2B software and technology-enabled businesses in the lower middle market. Offered to institutional limited partners seeking exposure to structured private equity returns.
- NextLevel Operations In-house value creation platform that delivers functional expertise to portfolio companies across product, technology, sales, talent, and operations, including AI-driven SDLC transformation, accelerating growth and operational maturity beyond what capital alone provides.
Companies that use Level Equity Management
Customer profileIdeal customer profiles2 records
Level Equity Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability8 records
Feature3 records
Level Equity Management partnerships and signals
Strategic signalRecent moves8 records
Expansion highlights2 records
Level Equity Management competitors and assessment
Company assessmentDirect peers
- Accel-KKR: Private equity firm focused on software and tech-enabled services with control and minority growth investments. Comparable to Level on software sector focus and flexibility across equity and structured capital solutions.
- JMI Equity: Growth equity firm exclusively focused on B2B software and vertical SaaS companies. Highly comparable to Level on niche software focus, lower middle market check sizes, and hands-on portfolio support model.
- Mainsail Partners: Growth equity firm focused exclusively on B2B SaaS companies in the lower middle market. Directly comparable to Level on niche, software-only thesis, founder-friendly approach, and growth-stage check size.
- Summit Partners: Growth equity firm investing across the capital structure in technology-enabled and software companies. Closely comparable to Level in stage focus (growth-stage software), flexible structures (equity and structured capital), and long-duration capital model.
- Susquehanna Growth Equity: Growth equity firm backed by Susquehanna International Group, focused on software and tech-enabled services in the lower middle market. Closely comparable to Level on stage, sector, and minority-growth investment model.
- Bregal Sagemount: Growth equity firm investing in B2B software, data, and tech-enabled services. Comparable to Level on lower middle market software focus, flexible structures, and growth-stage equity investments.
- TA Associates: Long-tenured growth equity firm investing in B2B software and tech-enabled services. Closely comparable to Level on sector focus, check size profile, and minority/majority growth investment approach.
Broad incumbents
- Insight Partners: Large-scale software-focused growth equity and venture firm. Directly comparable to Level Equity on strategy (B2B software growth capital) but operates at materially larger fund sizes and broader geographic scope.
- Thoma Bravo: Large software-focused private equity firm. Overlaps with Level on B2B software investing but operates at much larger fund sizes and typically takes control positions; relevant as both a peer and a competing acquirer in the lower middle market.
- General Atlantic: Global growth equity investor with significant software exposure. Comparable to Level on growth-stage software focus but at substantially larger scale and broader geographic footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Level Equity Management social profiles
Digital presenceLevel Equity Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Level Equity Management leadership team
Management profileNumber of profiles
Profiles11 records
Level Equity Management subsidiaries and ownership
Company hierarchySubsidiaries11 records
Level Equity Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Level Equity Management M&A and investment
M&A and investmentM&A4 records
Investments145 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Level Equity Management
What does Level Equity Management do?
Level Equity Management is a private investment firm that provides growth equity and structured capital solutions to lower-middle-market B2B software and technology-enabled businesses. Across its Growth Partners (I-VI) and Structured Capital (I-III) fund series, the firm invests $20 million to $100+ million per transaction, and supplements its capital with NextLevel Operations, an in-house value creation platform that delivers functional expertise to portfolio companies.
Is Level Equity Management a public or private company?
Level Equity Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Level Equity Management founded?
Level Equity Management was founded in 2009. It employs 11 to 50 people.
Where is Level Equity Management based?
Level Equity Management is headquartered in New York, United States, in the North America region.
How does Level Equity Management make money?
Three revenue lines are on record. Private Equity Fund Management Fees are the primary driver. The others are structured Capital (Credit and Structured Equity) Returns and carried Interest / Investment Gains.
Who are Level Equity Management's main competitors?
Direct peers on record are Accel-KKR, JMI Equity, Mainsail Partners, Summit Partners, Susquehanna Growth Equity, Bregal Sagemount and TA Associates. Broad incumbents are Insight Partners, Thoma Bravo and General Atlantic.
Does Level Equity Management have an API?
No public API is recorded for Level Equity Management.
What industry is Level Equity Management in?
Level Equity Management's product category is Growth Equity / Private Equity. Its primary akta.pro industry code is FSANACAD, Business Services (B2B) Growth Equity. Its NAICS code is 523940 and its SIC code is 6282.