Levelpath Raises $55M in Series B to Power Next-Gen AI-Driven Procurement Transformation

Levelpath is thrilled to announce the successful completion of a $55 million funding round, marking a significant milestone in our journey to transform procurement for enterprises worldwide. As the AI-native procurement platform, Levelpath is redefining the way businesses connect workflows, data, people, and devices to drive productivity and seamless collaboration between companies and their suppliers. Our cutting-edge Hyperbridge AI reasoning engine is at the core of our platform, processing and enriching data from hundreds of thousands of sources to create a unified and transparent view of the procurement process on any device. This new injection of capital will accelerate our mission to make enterprise commerce faster, more secure, and delightfully efficient by driving innovation in data-driven procurement. The funding will predominantly be used to enhance our AI capabilities and expand our platform’s reach, ensuring that organizations can tap into next-generation technology that mitigates risk and boosts profitability. Our vision is to empower procurement teams with an all-encompassing solution that simplifies complex workflows, ultimately reshaping the procurement landscape into one marked by clear visibility and operational excellence. With this financial backing, Levelpath is set to invest in product development, strategic hires, and market expansion initiatives. This will not only consolidate our leadership position in the marketplace but also extend our commitment to transforming how procurement is conducted in enterprises large and small. We are excited about the future and are confident that these new resources will propel Levelpath to new heights, delivering a procurement journey that is both innovative and exceptionally user-friendly.