Levr.ai, a Vancouver, BC-based intelligent loans platform, secured an additional $1 million in funding, bringing its total to over $2.5 million.
SaaS Investors
The seed funding comes by way of follow-on investment from Weave VC and Sprout Fund II as well as several new investors.
Founded in 2022, Weave VC is a venture capital firm based in Vancouver, Canada. The firm provides funds to Canada-based companies.
Sprout Fund II is a 2022 vintage early-stage venture capital fund located in Edmonton, Alberta, and invests in Canada. The fund targets information technology, SaaS, business products, and service sectors.
Levr.ai Use of Funds
The recent funding will fuel expansion, particularly in the US market, and further support small businesses in driving growth.
About Levr.ai
Founded by Kaylan Pepin and Roman Hartmann, Levr.ai is an intelligent loans platform that uses AI to customize loan matches based on your business's data. Its intelligent loans platform comes with free built-in resources. This includes guides, templates, and how to optimize the creation of required documents. Levr.ai's mission is to empower small businesses with innovative debt capital solutions. The company onboarded over 2,000 small businesses across Canada and the US.
Funding Details
Company: LEVR TECHNOLOGIES INC.
Raised: $1.0M
Round: Seed Round
Funding Month: February 2023
Lead Investors: Weave VC and Sprout Fund II
Additional Investors:
Company Website: https://levr.ai/
Software Category: Loans Platform
Source: https://www.newswire.ca/news-releases/levr-ai-secures-1-million-in-additional-funding-to-build-ai-for-small-business-lending-840577114.html