# Levelset a Procore Company

> Levelset, a Procore company, sells construction payment and lien rights software to contractors, material suppliers, equipment rental businesses, and credit teams. It combines notice automation, waiver exchange, project research, and risk monitoring to reduce paperwork errors and help protect payment rights. Procore acquired the business in November 2021 for approximately $500 million.

- **Founded:** 2007
- **Headquarters:** New Orleans, United States
- **Founders:** Scott Wolfe Jr. (Founder and former CEO)
- **Products:** Lien Rights & Notice Management, Lien Waiver Solutions, Job Research / Scout Research, Risk Intelligence / Job Radar, Payment Academy
- **Notable:** Acquired by Procore in November 2021 for approximately $500 million., Raised a $30 million Series C in December 2019; contemporaneous reporting put total outside investment at about $47 million., Won the 2014 New Orleans Entrepreneur Week Big Idea Pitch Contest.

## Products & services

- **Lien Rights & Notice Management** — Automates preliminary notices, tracks deadlines, and organizes lien-related paperwork.
- **Lien Waiver Solutions** — Centralizes waiver requests, templates, signatures, and invoice-linked automation.
- **Job Research / Scout Research** — Researchers verify project stakeholders and fill gaps in job information.
- **Risk Intelligence / Job Radar** — Monitors project payment activity and financial warning signals; Job Tree helps identify parties on a job.
- **Payment Academy** — Free courses on notices, waivers, liens, and construction credit practices.
- **Subcontractor Payment Profiles** — Introduced performance reviews and payment histories for more than 23,000 US subcontractors.

## Achievements

- Acquired by Procore in November 2021 for approximately $500 million.
- Raised a $30 million Series C in December 2019; contemporaneous reporting put total outside investment at about $47 million.
- Won the 2014 New Orleans Entrepreneur Week Big Idea Pitch Contest.
- Emser Tile’s case study reports eliminating a manual deadline-adjustment task that previously consumed 20–30 hours monthly.

## Latest updates

- **2026-07** — Procore Pay support notes describe mapping commitment and invoice fields directly into Levelset lien waiver templates.
- **2026-04** — Procore Pay added automated synchronization of office information to the Levelset integration.
- **2023-10** — Procore ceased new originations under the materials-financing program inherited in its Levelset acquisition.

## Links

- Website: https://www.levelset.com/
- LinkedIn: https://www.linkedin.com/company/levelset/
- Twitter/X: https://twitter.com/levelsetnow
- YouTube: https://www.youtube.com/channel/UCh0M8q2JN83xFQTJ5q2oCZw
- Instagram: https://www.instagram.com/levelsetlife/
- Facebook: https://www.facebook.com/levelsetnow/

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Published by YesPress — https://yespress.io
Last updated: 2026-10-02