Level Smart Lock Maker Restructured: Founders Out, Staff Laid Off by Assa Abloy

Level Smart Lock Maker Restructured: Founders Out, Staff Laid Off by Assa Abloy

What Happened to Level Smart Locks?

Level, the company known for its sleek, hidden smart locks, has been completely restructured. According to a source who spoke with The Verge, the majority of Level Home’s staff have been laid off, and the company is being folded into Kwikset. The founders of Level are also out. This news has left many smart home users wondering about the future of their Level locks.

Assa Abloy’s Plan for Level

Assa Abloy, the global lock giant that owns both Level and Kwikset, says it will continue to develop and support Level locks. This means existing Level products should still receive updates and customer support. However, the team that created those products is now gone.

What This Means for Level Lock Owners

If you own a Level Lock or Level Bolt, here is what you need to know:

  • Support continues: Assa Abloy has confirmed it will honor warranties and provide software updates.
  • Product development: New Level products may still come, but they will be developed under Kwikset’s umbrella.
  • Integration: Level’s technology (like its slim design and Apple HomeKit support) may appear in future Kwikset products.

Why Did This Happen?

Level Home raised over $100 million in funding and was acquired by Assa Abloy in 2022. But like many tech startups, Level struggled to turn a profit. By moving Level’s operations into Kwikset, Assa Abloy can cut costs and use Level’s technology in a more established brand.

What’s Next for Smart Lock Buyers?

If you are shopping for a smart lock, this news is a reminder to consider the long-term stability of the brand. Level locks are still a great choice for their minimalist design, but you may also want to look at Kwikset or other Assa Abloy brands like Yale and August. These brands have a proven track record of support and innovation.

For now, Level locks remain on the market. The company’s future products will likely carry the Kwikset name but use Level’s patented technology.

Level smart lock restructuring  Assa Abloy layoffs Level Home 

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