Levelpath Raised $44.5M From A Benchmark-Led Seed Round Followed By A Redpoint Ventures-Led Series A And Will Now Launch The First Ai-Powered, Mobile-First Procurement Platform That Makes The Procurement Experience Delightful
Amount Raised
$44.5 Million
Round Type
Series A
San FranciscoSoftwareMobileArtificial IntelligenceInvestors
Description
Levelpath, a platform powering delightful procurement, today announced it has raised $44.5M from a $14.5M Benchmark-led seed round and a $30M Series A led by Redpoint Ventures. Alex Bard, managing director at Redpoint Ventures, and Chetan Puttagunta, general partner at Benchmark, will join Levelpath's' board of directors. Additional investors include NewView Capital, World Innovation Lab (WiL), and Menlo Ventures.
Quick answer
Levelpath raised $44.5 Million in a Series A round, dated September 18, 2023. Investors: Menlo Ventures, Alex Bard, Chetan Puttagunta, New View Capital, World Innovation Lab and Redpoint Ventures. Levelpath is based in San Francisco, California, United States.
- How much did Levelpath raise?
- Levelpath raised $44.5 Million in a Series A round on September 18, 2023.
- Who invested in Levelpath?
- Menlo Ventures, Alex Bard, Chetan Puttagunta, New View Capital, World Innovation Lab and Redpoint Ventures are named as investors in this round.
- What does Levelpath do?
- Levelpath is the leading AI-native procurement platform transforming how global enterprises manage indirect spend.
- Where is Levelpath based and how big is it?
- Levelpath is based in San Francisco, California, United States. Fundz records about 88 employees.
- Who are the decision-makers at Levelpath?
- Fundz holds 1 contact at Levelpath. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Mobile and Software around the same time
Companies in the same sectors as Levelpath that raised within 45 days of this round, from Fundz verified event records.
- Cursor raised $8M (Funding Round) on October 11, 2023.
- MobileX raised $519K (Seed) on August 31, 2023.
- Accelex raised $15M (Series A) on November 2, 2023.
- PocketMentor raised $900K (Seed) on November 1, 2023.
- Guidde raised $16M (Funding Round) on October 31, 2023.
- QI Tech raised $200M (Funding Round) on October 31, 2023.
Who to call at Levelpath, and when
A new round usually means Levelpath is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Levelpath raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Levelpath, from your own LinkedIn network
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Funding Insights
What this usually meansLevelpath raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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