Connecting the Tech Community
Level39 brings innovative start-ups and scale-ups together with the world’s leading institutions. By providing streamlined access to expert mentors, customers and investors Level39 reduces the time to market for ambitious entrepreneurs.
In 2018, Level39 celebrated its fifth anniversary. In those five years, it has evolved from a simple idea into a global community with more than 1,200 members and 195 companies. Level39’s members span a range of industries including financial technology, cyber security, artificial intelligence (AI), smart-cities technology and more.
Five years of encouraging innovation
2018 was an exciting year for Level39 as it marked the point at which an early stage start-up member, Revolut, achieved international success and a unicorn valuation ($1 billion+). Having started out at Level39 with just five staff and no market value, Revolut has grown into a global company with 800 employees and a market value of $1.7 billion. The team grew rapidly at Level39 and finally settled on commercial office space in Canary Wharf’s Columbus Building, just minutes from its original Level39 home.
Thanks to the support of Canary Wharf Group and its location, Level39 offers unique benefits to its members, including infrastructure, training and skills networks, access to funding, a great place for talent – and, above all, the physical proximity of multiple potential customers.
Some of the companies Level39 has welcomed, like Revolut, have grown from tiny start-ups to international success stories. This is a great example of how Level39 supports productivity and the creation of high-value jobs.
Level39 in 2018
HELPING KEEP THE UK SECURE
Level39 is also London’s biggest cybersecurity hub. It is home to 19 cyber security businesses and providers, including:
Digital Shadows, which monitors the internet to identify digital risks to organisations
CybSafe, a cloud-based awareness platform that addresses the human factor in cybersecurity
Technorizon UK, which supports small to medium enterprises and corporate markets with consultancy services
Signicat, one of Europe’s leading e-ID and e-signature solution providers.
19cyber security companies are based at Level39
Level39’s UK Cyber Demonstration Centre, launched in 2017, is a home for cyber security innovators wishing to demonstrate their technology in a dedicated, convenient and well-equipped facility. The centre developed significantly in 2018, bringing two influential government departments – the Department of Trade and Industry and the Department of Media, Culture and Sport – closer to Level39. Through this collaboration, Level39 has participated in overseas trade missions – spreading the word globally about the technology developed here in Canary Wharf. This international outlook is central to our philosophy, and helps explain why our membership has increased by 80% since the EU referendum.
Joining Level39 in March 2017, CybSafe offers an education platform to train institutions in best cyber security practice. This innovative idea tackles the human risks of cyber security – ensuring employees are trained and engaged to handle the myriad of online risks. Starting with just a handful of employees, CybSafe now employs more than 30 and is working with leading corporations and institutions, both public and private sector. The entire team, based at Level39, engages with the Level39 community by sharing insights, delivering workshops, running events and mixing with fellow entrepreneurs.