The company was founded by David Hudakoc and Michael Baker in 2013,[1] and later acquired two other Canadian distribution houses: Search Engine Films in 2018[2] and KinoSmith in 2021.

levelFILM was founded by Michael Baker and David Hudakoc in August 2013, who had previously worked together at the U.S. distribution house ThinkFilm.

[2] SEF's library was folded into levelFILM's existing catalogue, including titles such as Equals, Kilo Two Bravo, and Mary Shelley.

[6] At the 2021 Toronto International Film Festival levelFILM announced a multi-year output deal with the U.S. company Greenwich Entertainment, beginning with The Capote Tapes.

[9] In October 2022, levelFILM released Eternal Spring, which was selected to be Canada's official submission to the 95th Academy Awards for the Best International Feature Film category.