Levelpath, a San Francisco, CA-based AI-native procurement platform, has raised over $55 million in Series B funding, bringing its total funding to $100 million. 

Investors 

The round was led by Battery Ventures, with participation from Redpoint Ventures, Benchmark, 01A, New View Capital, and World Innovation Lab. 

Battery Ventures is a global, technology-focused investment firm. Founded in 1983, the firm backs companies at various stages—from seed to growth and private equity. It invests globally from offices in Boston, Silicon Valley, San Francisco, Israel, and London. 

As part of the funding, Battery Ventures General Partner Neeraj Agrawal will join Levelpath's board of directors. 

Levelpath Use of Funds 

The company will use the new capital to accelerate product development, expand its go-to-market team, and strengthen ecosystem partnerships. 

About Levelpath 

Founded by Alex Yakubovich and Stan Garber, Levelpath is an AI-native procurement platform designed to modernize how global enterprises manage procurement. It leverages a proprietary Hyperbridge reasoning engine and a suite of autonomous AI agents to deliver intelligent automation, contextual decision-making, and seamless user experiences. Its platform simplifies and automates the procurement process from intake to sourcing, contracting, and pipeline tracking. Levelpath serves Fortune 500 enterprises worldwide, including Ace Hardware, Amgen, Coupang, Fortrea, GATX, SiriusXM, SSM Health, and Western Union. 

Funding Details 

Company: Levelpath, Inc. 

Raised: $55.0M 

Round: Series B 

Funding Date: July 2025 

Lead Investor: Battery Ventures 

Additional Investors: Redpoint Ventures, Benchmark, 01A, New View Capital, World Innovation Lab 

Company Website: https://www.levelpath.com/  

Software Category: AI Procurement Platform / Enterprise Software 

Source: https://www.businesswire.com/news/home/20250627629944/en/