Total amount raised
$99.5 Million
Latest funding date
2025-06-30
Location
Levelpath has successfully raised funding to support its AI-native procurement platform, which automates tasks, provides insights, and connects stakeholders. The platform offers features such as intake-to-procure, sourcing, pipeline forecasting, contract management, risk mitigation, invoice automation, and AI agents.
Keep reading to explore the intricacies of Levelpath's fundraising journey and the investors backing this innovative platform.
What Is Levelpath?
Levelpath is an AI-native procurement platform designed to streamline procurement processes, automate tasks, provide insights, and connect stakeholders. The company operates within the procurement and supply chain management industry.
Levelpath offers a range of products that handle various aspects of procurement, from intake to invoice automation. The platform aims to increase efficiency, provide enterprise-wide visibility, and empower stakeholders across different teams.
How Much Funding Has Levelpath Raised?
- Seed Round
- Amount Raised: USD 14,500,000
- Date: September 2023
- Lead Investors: Benchmark
- Series A
- Amount Raised: USD 30,000,000
- Date: September 2023
- Lead Investors: Redpoint
- Series B
- Amount Raised: USD 55,000,000
- Date: June 2025
- Lead Investors: Battery Ventures
Levelpath has raised a total of USD 99,500,000.
Key Investors
- Battery Ventures
- Details: Battery Ventures is a global, technology-focused investment firm. They have been investing in cutting-edge, category-defining businesses for over 35 years.
- Investment Focus Areas: Software, enterprise IT, industrial technology, healthcare.
- Notable Investments: Nutanix, Coupa Software, Glassdoor.
- Redpoint
- Details: Redpoint is a venture capital firm that partners with visionary founders to create new markets and redefine existing ones. They have a strong track record of investing in early-stage technology companies.
- Investment Focus Areas: Consumer internet, enterprise software, infrastructure, fintech.
- Notable Investments: Stripe, Twilio, Netflix.
- Benchmark
- Details: Benchmark is a venture capital firm known for its early-stage investments in technology companies. They have a hands-on approach and work closely with entrepreneurs to build successful businesses.
- Investment Focus Areas: Social media, enterprise software, marketplaces, mobile.
- Notable Investments: Uber, eBay, Twitter.
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