Level CEO David Edelstein. (Level Photo)
Seattle startup Level raised $1.5 million to fuel growth of its credit service targeted at independent contractors.
The company partners with marketplace platforms such as Dolly, Porch, and Keepe, which use Level to offer workers flexible credit options that are only paid back when they earn. It allows contractors a chance to purchase assets and access capital to grow their “microbusinesses.” Level customers use the service to buy a truck and use it for work with Dolly, a moving app.
Level differs from traditional credit providers by charging a single flat fee on
By: contactedorgTitle: Led by ex-Amazon and Microsoft managers, Seattle startup Level raises $1.5M for flexible credit service
Sourced From: contacted.org/led-by-ex-amazon-and-microsoft-managers-seattle-startup-level-raises-1-5m-for-flexible-credit-service/
Published Date: Wed, 10 Feb 2021 23:06:28 +0000
source https://contacted.org/led-by-ex-amazon-and-microsoft-managers-seattle-startup-level-raises-1-5m-for-flexible-credit-service/
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