Tech Company Financing Transactions
Levitate Funding Round
Levitate, operating out of Raleigh, secured $8 million in funding from Bull City Venture Partners, private investors and Tippet Venture Partners.
Transaction Overview
Company Name
Announced On
3/1/2021
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors
private investors (Jesse Lipson)
private investors (Peter Gassner)
Proceeds Purpose
The company intends to use the funds to invest in further improving the product and building awareness in the market and in hiring in several areas.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
16 W Martin St.
Raleigh, NC 27601
USA
Raleigh, NC 27601
USA
Phone
Website
Email Address
Overview
Our founder, Jesse Lipson, previously built ShareFile (acquired by Citrix in 2011), a secure file sharing system that has over 50,000 small business customers around the world. Jesse left Citrix, teamed up with some early team members from ShareFile, and founded Levitate on a mission to help businesses grow through the power of keeping in touch.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jesse Lipson
Chief Financial Officer
Peter Harvey
Chief Technical Officer
Robert Mills
VP - Bus. Development
Crystal Ricevuto
VP - Finance
Leia Stallings
VP - Marketing
Rachel Walter
VP - Product Management
Nancy Slane
VP - Sales
Ari Gardner
VP - Sales
Grant Kitching
Browse more venture capital transactions:
Prev: 3/1/2021: Cellarity venture capital transaction
Next: 3/1/2021: Anchorage venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs