The Lev team and I are extremely excited to share that we have raised a $10 million Seed round from NFX, Caanan Partners, and JLL Spark, the strategic investment arm of commercial real estate services firm JLL, as well as our existing investors, ANIMO Ventures and Ludlow Ventures.

Lev is the online platform for commercial real estate transactions. We closed over $100 million of transactions during our first year of existence and are tracking to 10x that volume this year. We help commercial real estate owners and investors get the best financing for their property, using proprietary data and process automation tools to build the most competitive capital stack, quickly and easily.

Ten years ago, the seminal essay, Software is Eating the World was published. Ever since then (and perhaps even before) industry experts have argued that their industry was the exception to being disrupted by software. They believe that their jobs were too complex to be automated or to be “eaten” by technology. The thing that is overlooked by those holding to this idea is that software is no longer a component of the business, but it is the platform and layer on which everything else runs. The examples Marc provided ten years ago across airlines, logistics, and more have expanded across the entire economy. Lev is bringing that same level of innovation to commercial real estate transactions.

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