<p><strong>SAN FRANCISCO</strong> &#8212; <a href="https://cts.businesswire.com/ct/CT?id=smartlink&;url=https%3A%2F%2Fwww.levelpath.com%2F&;esheet=54283448&;newsitemid=20250627629944&;lan=en-US&;anchor=Levelpath&;index=1&;md5=c6e1d3de9dca4e4093edd58f73b9b29a" target="_blank" rel="nofollow noopener" shape="rect">Levelpath</a>, an AI-native procurement platform, has landed $55+ million in Series B funding led by <a href="https://cts.businesswire.com/ct/CT?id=smartlink&;url=https%3A%2F%2Fwww.battery.com%2F&;esheet=54283448&;newsitemid=20250627629944&;lan=en-US&;anchor=Battery+Ventures&;index=2&;md5=31465fd52415bb1f4e4b5ed78529095c" target="_blank" rel="nofollow noopener" shape="rect">Battery Ventures</a>, bringing the total raised to $100 million. The new capital accelerates Levelpath’s mission to reinvent how global enterprises manage procurement, typically the second-largest operational expense after payroll.</p>
<p>Other investors participated in the funding round as well, including <a href="https://cts.businesswire.com/ct/CT?id=smartlink&;url=https%3A%2F%2Fwww.redpoint.com%2F&;esheet=54283448&;newsitemid=20250627629944&;lan=en-US&;anchor=Redpoint+Ventures&;index=3&;md5=4b7b022e1b4791d23184ed1e016d9e22" target="_blank" rel="nofollow noopener" shape="rect">Redpoint Ventures</a>, <a href="https://cts.businesswire.com/ct/CT?id=smartlink&;url=https%3A%2F%2Fwww.benchmark.com%2F&;esheet=54283448&;newsitemid=20250627629944&;lan=en-US&;anchor=Benchmark&;index=4&;md5=fa6fb62698f8efce246641dcb6b68048" target="_blank" rel="nofollow noopener" shape="rect">Benchmark</a>, <a href="https://cts.businesswire.com/ct/CT?id=smartlink&;url=https%3A%2F%2F01a.com%2F&;esheet=54283448&;newsitemid=20250627629944&;lan=en-US&;anchor=01A&;index=5&;md5=ee82f717e1aa9367b83af9e06788a623" target="_blank" rel="nofollow noopener" shape="rect">01A</a>, <a href="https://cts.businesswire.com/ct/CT?id=smartlink&;url=https%3A%2F%2Fwww.nvc.vc%2F&;esheet=54283448&;newsitemid=20250627629944&;lan=en-US&;anchor=New+View+Capital&;index=6&;md5=c76a8a0e92c0d0e9daa7ef74f7b00232" target="_blank" rel="nofollow noopener" shape="rect">New View Capital</a> and <a href="https://cts.businesswire.com/ct/CT?id=smartlink&;url=https%3A%2F%2Fwilab.com%2F&;esheet=54283448&;newsitemid=20250627629944&;lan=en-US&;anchor=World+Innovation+Lab&;index=7&;md5=6bfc6eb06608544d83ec863efff05e39" target="_blank" rel="nofollow noopener" shape="rect">World Innovation Lab</a>. As part of the funding, Battery Ventures General Partner <a href="https://cts.businesswire.com/ct/CT?id=smartlink&;url=https%3A%2F%2Fwww.battery.com%2Fpeople%2Fneeraj-agrawal%2F&;esheet=54283448&;newsitemid=20250627629944&;lan=en-US&;anchor=Neeraj+Agrawal&;index=8&;md5=fb901f8211d0191e0125215b64a6c7e0" target="_blank" rel="nofollow noopener" shape="rect">Neeraj Agrawal</a> will join Levelpath&#8217;s board of directors alongside representatives from existing investors.</p>
<p>Agrawal, who has made multiple appearances on the Forbes Midas List and coined the &#8220;T2D3&#8221; growth paradigm for SaaS businesses, previously led Battery&#8217;s investment in Coupa, a leading spend management platform that went public in 2016 and was acquired for approximately $8 billion in 2023.</p>
<p>&#8220;Levelpath represents the future of enterprise procurement: intelligent, automated, and strategically aligned with business objectives,&#8221; said Agrawal. &#8220;The team has built remarkable technology that delivers demonstrable value to some of the world&#8217;s largest companies. We are excited to partner with them as they scale to become the definitive procurement platform for global enterprises.&#8221;</p>
<p><b>Solving the $13 Trillion Procurement Challenge</b></p>
<p>Procurement is the second-largest business expense after payroll, yet it remains one of the least modernized functions in the enterprise. With Levelpath&#8217;s proprietary <a href="https://cts.businesswire.com/ct/CT?id=smartlink&;url=https%3A%2F%2Fwww.levelpath.com%2Fplatform%2F&;esheet=54283448&;newsitemid=20250627629944&;lan=en-US&;anchor=Hyperbridge&;index=9&;md5=34b208cb325817eaf66f66da14219f72" target="_blank" rel="nofollow noopener" shape="rect">Hyperbridge</a> reasoning engine at its core, the platform delivers intelligent automation through true AI-native design, unlocking capabilities that legacy solutions built before 2022 are architecturally challenged to efficiently support.</p>
<p>For decades, procurement has been trapped by systems designed for yesterday&#8217;s problems. Complex interfaces. Endless workflows. Frustrated users. Levelpath changes everything with the first truly AI-native procurement platform built from the ground up for the modern enterprise.</p>
<p>&#8220;Procurement touches every part of a business, yet it&#8217;s been held back by tools that fight against you instead of working with you,&#8221; said <a href="https://cts.businesswire.com/ct/CT?id=smartlink&;url=https%3A%2F%2Fwww.levelpath.com%2Fabout%2F&;esheet=54283448&;newsitemid=20250627629944&;lan=en-US&;anchor=Alex+Yakubovich&;index=10&;md5=14069d02fd2945ed470063eb70a20b11" target="_blank" rel="nofollow noopener" shape="rect">Alex Yakubovich</a>, Co-founder and CEO of Levelpath. &#8220;We didn&#8217;t retrofit old systems with AI. We reimagined what procurement could be when intelligence is built into every interaction.&#8221;</p>
<p>Since launching its flagship platform after raising <a href="https://cts.businesswire.com/ct/CT?id=smartlink&;url=https%3A%2F%2Fwww.levelpath.com%2Farticles%2Flevelpath-44-5m-benchmark-led-redpoint-followed%2F&;esheet=54283448&;newsitemid=20250627629944&;lan=en-US&;anchor=%2444.5+million+across+Benchmark-led+Seed+and+Redpoint-led+Series+A+rounds&;index=11&;md5=4519934f4b65bfd35d81bb243b67bb4f" target="_blank" rel="nofollow noopener" shape="rect">$44.5 million across Benchmark-led Seed and Redpoint-led Series A rounds</a>, Levelpath has built momentum as the “next chapter” of procurement modernization, offering a sleek, AIânative experience that delivers speed, transparency and ROI at scale.</p>

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