Scott Wolfe was working at his family’s construction business in 2005 after Katrina hit New Orleans. The inefficient manners used to get paid, as well as the delays and numerous requests to demand payment, were exhausting. Wolfe decided to create a more efficient payment platform. Originally named Zlein, Levelset was born in 2006.
The payment platform allows contractors to get paid faster. The average wait for payments in the construction industry is 83 days. This SaS platform cuts that time in half for most companies.
The company raised $30 million at the end of 2019 through Horizons Ventures.
Headquarters for Levelset remain in New Orleans, Louisiana.
Scott Wolfe was working at his family’s construction business in 2005 after Katrina hit New Orleans. The inefficient manners used to get paid, as well as the delays and numerous requests to demand payment, were exhausting. Wolfe decided to create a more efficient payment platform. Originally named Zlein, Levelset was born in 2006.
The payment platform allows contractors to get paid faster. The average wait for payments in the construction industry is 83 days. This SaS platform cuts that time in half for most companies.
History
The company raised $30 million at the end of 2019 through Horizons Ventures.
Headquarters for Levelset remain in New Orleans, Louisiana.