Levvel announced today that it has completed a $3 million equity raise. The funds came from a high-caliber group of private capital partners having deep experience in the areas of consulting, technology, and business development.
“This additional capital allows us to make strategic investments in our team as we enter new lines of business and as we position ourselves for long-term growth,” says John Espey, CEO of Levvel. “It will also accelerate our expansion into additional markets, both domestically and globally,” he says.
Levvel, which specializes in product development, DevOps, payments, and agile software development, plans to continue introducing its best-in-class services to additional cities in the coming months. It began the year by formalizing its presence in the Midwest region of the United States and by establishing its new office in Melbourne, Australia.
View the full press release.