Levelpath Raises $55+M in Series B Funding

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Here’s a summary of the information provided about Levelpath:

Levelpath Overview

  • Startup: Levelpath
  • Founders:
    • Alex Yakubovich (Co-founder and CEO)
    • Stan Garber (President)
  • Description: An AI-native procurement platform that helps global enterprises manage indirect spend.

Funding Details

  • Total Raised: $100 million (including this round)
  • Latest Fundraise:
    • Series: B
    • Amount: $55 million
    • Date: June 30, 2025

Investors

  • Lead Investor: Battery Ventures
    • Representative: Neeraj Agrawal (General Partner, joining the board)
  • Other Participating Investors:
    • Redpoint Ventures
    • Benchmark
    • 01A
    • New View Capital
    • World Innovation Lab

Purpose of Funding

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

Notable Clients

  • Ace Hardware
  • Amgen
  • Coupang
  • Fortrea
  • GATX
  • SiriusXM
  • SSM Health
  • Western Union

This summary encapsulates the key points from the details provided about Levelpath and its recent funding round.

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2025-06-30 18:38:36