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Level raises $27m in Series A funding

New York based maker of financial products for employers raised $27m in Series A funding led by Khosla Ventures and Lightspeed Venture Partners. 

“The big insight behind Level was this idea that insurance is just a way to pay for things,” says CEO Aaron, speaking at 6:30 a.m. over a zoom call from Hawaii (he’s keeping East Coast hours). “It's a product that people really depend on, but it's actually pretty confusing and sometimes can feel very unfair to us.”

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insurance