Deals

LevelUp Raises $50M in Funding
Date: 
Tuesday, May 16, 2017
Company: 
Location: 
Boston
Categories: 
B2B
Consumer
FinTech & Payments
Mobile
Deal Type: 
Funding

Today, LevelUp announced that it has completed a $50 million round to continue to grow its business. Investors who participated in this round include long-time partner and investor JPMorgan Chase, US Boston and CentroCredit Bank. Chase made an initial investment in LevelUp at the end of 2015. This funding comes at a time of accelerating growth for LevelUp, which is now used by nearly a million people every month.

"LevelUp has grown rapidly over the last several years and this funding sets us up to accelerate our growth this year and next," said Seth Priebatsch, Chief Ninja of LevelUp. "We're thrilled to have the continued support of our existing investors including Chase and US Boston and great new partners like CentroCredit Bank backing LevelUp... READ MORE

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Grubhub is the nation's leading online and mobile food ordering and delivery marketplace dedicated to connecting hungry diners with local takeout restaurants. The company’s online and mobile ordering platforms allow diners to order from more than 125,000 takeout restaurants in over 2,400 U.S. cities and London. The Grubhub portfolio of brands includes Grubhub, Seamless, LevelUp, Tapingo, AllMenus and MenuPages.