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Employer.com has offered to acquireLevel , a fintech startup that just last week dead shut down after failing to find a purchaser , according toThe Information .
But Level is still mulling over the offer , its Employer.com CMO Matt Charney told TechCrunch . “ It ’s with effectual , ” he tell . Update : There are other details , beyond sound , that are presently being iron out out , according to a source close to the deal .
Founded in 2018 by early Square employee Paul Aaron , Level had raise a cognise $ 30.8 million in funding from high - profile investors such as Lightspeed Venture Partners and Khosla Ventures . In April 2021 , the inauguration announceda $ 27 million Series A. It offered dental and vision benefits products to companies , who were told last week that they ’d have to notice other providers .
The offering to evolve a fold startup is the 2nd by Employer.com in just over a week . On December 30 , TechCrunch broke the intelligence that accountancy startup Bench , which exit thousands of customers shut up out of their accounts after itsuddenly shut downdays before , would beacquiredby Employer.com for an undisclosed Mary Leontyne Price in a last - moment mickle . Details were still beinghammered outas of last workweek .
TechCrunch newsman Charles Rollet contributed to this spell .
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