Levelpath raised over $55 million in Series B funding, totaling $100 million in capital. The investment, led by Battery Ventures with participation from multiple firms, aims to transform procurement management for enterprises. Battery Ventures General Partner Neeraj Agrawal joins Levelpath's board, emphasizing the platform's potential in responding to the $13 trillion procurement challenge. Levelpath features a proprietary Hyperbridge reasoning engine, enhancing automation and modernizing a traditionally complex and outdated procurement process.
Levelpath represents the future of enterprise procurement: intelligent, automated, and strategically aligned with business objectives. The team has built remarkable technology that delivers demonstrable value to some of the world's largest companies.
Procurement is the second-largest business expense after payroll, yet it remains one of the least modernized functions in the enterprise. With Levelpath's proprietary Hyperbridge reasoning engine at its core, the platform delivers intelligent automation through true AI-native design.
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