Level Equity Named a Top Growth Equity Firm of 2023
We are honored that Level Equity has been named one of the Top Growth Equity Firms two years in a row. 2023 was a productive year for Level despite continuing macroeconomic headwinds. We continue to invest in capital efficient, rapid growth software businesses that seek to lead the markets they operate in and, as always, aim to be the partner of choice for those who have earned the luxury of that choice through exceptional performance. As owners of these great businesses, we strive to provide them with world class operational support and advice as we collectively chase amazing and profitable outcomes.
GrowthCap received hundreds of nominations that provided detailed feedback on firm strengths including sector expertise, strategic acumen, operational capabilities and firm culture, among other key attributes. Awardees were selected based on a thorough evaluation of nominations submitted in addition to further research and peer commentary.
This award is the opinion of the party conferring the award and not Level Equity. The award was issued by GrowthCap, LLC. on February 28, 2024. Level Equity submitted a nomination and paid an application fee to be considered for this award. Once selected, Level Equity paid a fee to promote this award. There can be no assurance that other providers or surveys would reach the same conclusion as the party conferring the award referenced herein To learn more about this award, please click here.
DocuPhase Announces Major Investment by Aquiline Capital Partners and Level Equity
Ray Carey Joins Level Equity as Head of NextLevel Operations
Ray Carey, 3x CEO to lead Operating Partner Team
NEW YORK, Nov. 6, 2023 /PRNewswire/ — Level Equity, a private investment firm focused on providing capital to rapidly growing software and technology-driven businesses, announced today that Ray Carey, former Chief Executive Officer of Optimere, has joined Level Equity as Head of the firm’s Operating Partner team, known as NextLevel Operations. Mr. Carey’s primary role will be to accelerate portfolio company growth by leveraging Level Equity’s team of Operating Partner experts and supporting their CEOs.
Mr. Carey brings twelve years of experience as a CEO for three successful private equity backed companies, a decade of experience in investing as a Partner at Azure Capital Partners, and five years as an investment banker. Most recently, Mr. Carey served as President of CivicPlus, which acquired Optimere, a cloud-based compliance software provider, where he was CEO.
“I’m delighted that Ray has joined Level Equity,” said Ben Levin, Co-Founder and CEO. “We have enjoyed the privilege of partnering closely with Ray for the past several years when he was CEO of ArchiveSocial, which became Optimere and then was acquired by CivicPlus; it was an amazing journey. Ray’s first-hand experience as both a successful investor and as a multi-time CEO in rapidly growing companies makes him an ideal person to lead and further institutionalize our value creation and acceleration efforts,” continued Levin.
“As a portfolio CEO, I experienced Level’s genuine and transparent approach to the Investor/Executive partnership to create and accelerate value for employees, customers and owners,” said Mr. Carey. “I am honored to be leading the NextLevel Operations team to carry on the work of building value at a larger scale across the entire Level Equity portfolio.”
About Level Equity
Level Equity is a private investment firm focused on providing capital to rapidly growing software and technology-driven businesses. Level provides long term capital across all transaction types in support of continued growth. The firm has raised $3.0 billion in committed capital and has backed over 100 companies since inception. For more information about Level Equity, visit www.levelequity.com.
Level Equity Recognized by Inc. as Founder Friendly Investor for 2023
We are pleased that Level Equity has been named by Inc. as a Founder Friendly Investor for 2023. It is an honor to be recognized for our track record in backing entrepreneurs alongside more than 200 firms from across private equity, venture capital, and debt providers.
To compile their list of recognized firms, Inc. connected with entrepreneurs who were asked to fill out a questionnaire about their experiences partnering with private equity, venture capital, and debt firms. The firms recognized on Inc.’s 2023 list were asked to share data on how their portfolio companies have grown during their partnerships.
This award is the opinion of the party conferring the award and not Level Equity. The award was issued by Inc. on October 31, 2023. Level Equity submitted a nomination and paid an application fee to be considered for this award. Once selected, Level Equity paid a fee to promote this award. There can be no assurance that other providers or surveys would reach the same conclusion as the party conferring the award referenced herein. To learn more about this award, please click here.