Level Home secures $71M led by Walmart and Lennar Homes

Smart home company Level Home has introduced the Level Lock, the world’s first invisible smart lock. The Level Lock is designed to fit inside a deadbolt to preserve the existing look of a home and to share access with family and friends, or service providers at the touch of a button. With Apple HomeKit, users can operate Level Lock via Siri, add automations such as locking the door when the last person leaves, or receive real-time entry and exit notifications. Finally, the lock can currently be reserved with availability to the general public starting in January 2020.

“With every product we create, we start at square zero so we can strike the perfect balance between today’s cutting edge technology and the practicality of our everyday living experience. Many smart home products on the market today over emphasize technology and as a result complicate our everyday lives. We believe ‘smart’ products should blend in naturally with your home while offering you an improvement to your daily routines. At Level Home, we’re not just designing products for a house, we’re designing them for the people who make it a home.” – John Martin, co-founder and CEO, Level Home.

Level Home also announced a $71 million funding round led by strategic investments from Walmart and Lennar Homes as well as premier investment firm Hut 8 Ventures.