Levelpath Raises $55 Million to Scale AI-Native Enterprise Procurement Platform | PYMNTS.com
Summary
Levelpath raised more than $55 million in a Series B round to expand its AI-native enterprise procurement platform. The company plans to use the capital to speed product development, hire more go-to-market staff, and strengthen partner integrations. Its platform uses embedded AI agents to automate sourcing, supplier onboarding, risk assessments, and other procurement tasks. The announcement also highlights growing enterprise demand for procurement system upgrades and recent integration activity with Coupa.
Funding
Amount
$55.0M
Total raised
Date
June 30, 2026
Announcement date
Investors
Corcentric, Exari, Battery Ventures
Lead investors
Company
levelpath.com
Funded company
Classifications
industries
No industries detected
applications
ERP & Process Management
AskAI Classifications
Labels
Procurement Software
SaaS
Enterprise Software
Linked Companies
Levelpath
$1M to $5M