# Levelset

> Construction payment and lien rights management software — acquired by Procore.

## Why it is interesting

New Orleans’ landmark construction-tech exit: Procore agreed to acquire Levelset for ~$500M (2021); HQ remained Josephine Street, New Orleans.

## Profile

- **Latest funding:** Not publicly disclosed
- **Latest known valuation:** Not publicly disclosed
- **Total disclosed equity funding:** Not publicly disclosed
- **Stage:** acquired
- **Status:** acquired
- **Industries:** enterprise-saas
- **Coverage:** full
- **Last updated:** 2026-07-26

## Key facts

- Acquired by Procore (2021) for ~$500M
- HQ: 1121 Josephine Street, New Orleans, LA
- Also offices in Austin and Cairo at announcement
- ~300 employees at acquisition; 6.5M+ projects claimed

## Funding history

- Acquisition · ~$500M · September 2021
  Source: https://investors.procore.com/news/news-details/2021/Procore-to-Acquire-Levelset-to-Simplify-Lien-Management-Workflows-for-Construction/default.aspx

**By:** [Venture Capital Tracker](https://venturecapitaltracker.com/editorial-policy)
**Last updated:** July 26, 2026

**Editorial note:** AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.

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Source: https://venturecapitaltracker.com/startup/levelset
