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New Deal


Announced

Completed

A consortium of investors led a $38m Series A round in Levels.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For29%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

biometrics

Acquisition

Software

Single Bidder

Private

United States

health care

Friendly

Venture Capital

Domestic

Minority

software

Private Equity

Synopsis

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A consortium of investors including Andrea Funsten, Ben Gilbert, David Rosenthal, Lenny Rachitsky, Airbnb Alumni Syndicate and a16z, led a $38m Series A round in Levels, a software company that gives you real-time feedback on how food affects your health. “Today, 90% of our $4 trillion in healthcare costs are tied to largely preventable chronic conditions several downstream from metabolic dysfunction. A key way we address that is by empowering people with data about their own bodies, so they can take action to live a healthy lifestyle and feel their best. Understanding how our choices affect key health biomarkers in real time and more broadly understanding our own metabolic health is foundational for optimal health and longevity,” Casey Means, Levels Co-Founder and Chief Medical Officer.

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