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Guernsey-based venture capital firm invests heavily in legal sector lender

Guernsey-based venture capital firm invests heavily in legal sector lender

Friday 19 March 2021

Guernsey-based venture capital firm invests heavily in legal sector lender

Friday 19 March 2021


A significant capital raise will support growth in family and private client law lending.

1818 Venture Capital has made a substantial equity investment in Level, as well as setting up a new debt facility for the company, representing a combined total investment approaching £20m.

Since its launch in 2017 Level has become the UK’s top ranked lender in the family law sector. Level unlocks future liquidity for clients and law firms in family law proceedings, probate, and other related matters. This allows clients to access justice through proper legal representation or to achieve their financial goals without the delay that court proceedings often entail. 

George Williamson, Founder and CEO of Level said: “1818 Venture Capital’s investment, and in particular the fact that we were able to achieve it during lockdown, is a testament to the strength of our team and our leadership position in the family and private client lending marketplace.  We see significant growth opportunities ahead and this new equity capital, combined with our new and highly flexible funding line, will allow us to capture those opportunities.” 

Richard Avery-Wright, Founder and CEO of 1818 Venture Capital said: “At 1818 Venture Capital, we look to back exceptional management teams that have a clear plan for high growth. In George Williamson and the rest of the Level team we identified a supremely talented CEO and an ambitious team that have become market leaders in their niche, winning recognition from major law firms throughout the UK and industry ranking organisations like Chambers and Partners.” 

Mark Smith, Partner with 1818 Venture Capital, said: “With this equity investment and the provision of a significant revolving credit facility, arranged by 1818 and provided by one of our close contacts in the insurance sector, Level will accelerate its remarkable upward trajectory in an expanding market segment that can help give borrowers access to fairness and hence ‘level’ the litigation playing field.” 

Level’s new revolving facility line is being administered in Guernsey by RAW Capital Partners, a team of specialist debt fund managers and sister business to 1818 Venture Capital. 

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