// startup autopsy
Levelset
A lien-rights SaaS acquired for $500M then dismantled inside its acquirer.
runway zeroAcqui-hire
| Founded | 2012 |
|---|---|
| Closed | 2022 |
| Country | USA |
| Sector | Proptech |
| Founder | Scott Wolfe Jr. |
30%
35%
Key Events Timeline
2012
FOUNDING
Scott Wolfe Jr. founds Zlien (later Levelset) in New Orleans to digitize construction lien rights.
2020-09
FUNDING
Raises $120M Series D at $400M+ valuation; rebrands from Zlien to Levelset.
2021-11
ACQUISITION ATTEMPT
Procore acquires Levelset for approximately $500M in cash and stock deal.
2022-06
SHUTDOWN
Procore lays off 180 employees including Levelset staff; brand dissolved into Procore platform.
// for funds & analysts
4,998 verified autopsies. Risk Matching 86% Top-3 accuracy.
See Intelligence plans →// analyse a startup
Levelset followed a documented pattern. Identify the same signals before the point of no return.
Risk Matching →¿Te ha sido útil?