Levelpath Raises $55M+ Series B to Scale AI-Native Procurement Platform

Levelpath provides an AI-native procurement platform that helps global enterprises manage indirect spend.

Levelpath Raises $55M+ Series B to Scale AI-Native Procurement Platform
Source: Levelpath

Company Name: Levelpath

Location: San Francisco, CA

Industry: Enterprise Software

Funding Details:

  • Amount: $55M+
  • Round: Series B
  • Lead Investor: Battery Ventures
  • Participants: Redpoint Ventures, Benchmark, 01A, New View Capital, World Innovation Lab
  • Total Funding to Date: $100M

Purpose of Investment:

  • Accelerate product development
  • Scale go-to-market team
  • Deepen ecosystem partnerships

Leadership:

Product:
Levelpath provides an AI-native procurement platform that helps global enterprises manage indirect spend. Its platform unifies procurement operations with intelligent automation, an intuitive stakeholder interface, advanced workflow orchestration, and the proprietary Hyperbridge reasoning engine, which delivers real-time intelligence and complete visibility across procurement activities.

About Company:
Used by enterprises like Ace Hardware, Amgen, Coupang, Fortrea, GATX, SiriusXM, SSM Health, and Western Union, Levelpath enables collaboration, efficiency, and scalability for procurement operations through its AI-native architecture.

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