In a significant boost to the procurement technology sector, San Francisco-based startup Levelpath has raised $55 million in a Series B funding round led by Battery Ventures. Announced on June 30, 2025, this investment marks a pivotal moment for the company as it aims to scale its innovative AI-native procurement platform.
Levelpath is redefining enterprise procurement with a solution that integrates artificial intelligence to streamline processes, enhance decision-making, and improve efficiency. The platform’s unique approach includes AI agents designed to assist businesses in managing complex procurement workflows with greater accuracy and speed.
The funding round, which brings Levelpath’s total capital raised to over $85 million, underscores investor confidence in the company’s vision to modernize procurement. Battery Ventures, a prominent backer of tech-driven solutions, sees immense potential in Levelpath’s ability to address longstanding inefficiencies in the industry.
With this fresh capital, Levelpath plans to accelerate product development, expand its market reach, and enhance its offerings for enterprise clients. The focus will be on scaling the platform’s capabilities to cater to a broader range of industries seeking digital transformation in procurement operations.
Industry experts believe that Levelpath’s AI-driven tools could set a new standard for how businesses handle procurement challenges. As companies increasingly prioritize automation and data-driven insights, Levelpath is well-positioned to lead this shift with its cutting-edge technology.
This milestone follows Levelpath’s earlier success in raising $30 million in 2023, highlighting its consistent growth trajectory. As the company continues to innovate, it aims to empower organizations worldwide to achieve more transparent and cost-effective procurement practices.
Maria Lourdes
