What does Levelpath do?
Levelpath is an AI-native procurement platform that unifies procurement operations through intelligent automation, featuring an intuitive stakeholder interface, advanced workflow orchestration, and a proprietary Hyperbridge reasoning engine for real-time intelligence and complete visibility across all procurement activities.
How much did they raise?
The company raised $55+ million in a Series B round led by Battery Ventures, with participation from Redpoint Ventures, Benchmark, 01A, New View Capital, and World Innovation Lab, bringing its total funding to $100 million.
What are their plans for the money?
Levelpath intends to use the funds to accelerate product development, scale its go-to-market team, and deepen ecosystem partnerships, which could significantly enhance its ability to drive innovation and expand its global footprint in AI-driven procurement.
What have they achieved so far?
The platform is already trusted by Fortune enterprises such as Ace Hardware, Amgen, Coupang, and Western Union, showcasing its proven impact in modernizing procurement operations for global enterprises.