AI-Native Enterprise Procurement Platform Levelpath Bags $55 Million+ in Series B
- Menlo Times

- Jul 1
- 1 min read

Led by tech and product enthusiasts Alex Yakubovich(CEO & Co-Founder), Stan Garber(Co-Founder & President), Crystal Cheng(Head of Product), Bryan Rosenstein(Co-Founder & Head of Operations), Michaela Dempsey(Chief Marketing Officer), Raimonds Samofals(Co-Founder and Head of Engineering Latvia), Mari Carmichael(Head of Solutions Consulting), and Ken Hejduk(Head of Product Design), Levelpath has raised $55 Million+ in Series B led by Battery Ventures with continued support from Redpoint Ventures, Benchmark, 01A, NewView Capital, and World Innovation Lab, bringing the total funding to $100 Million.
Levelpath’s AI Agents are autonomous, outcome-driven tools built to handle complex procurement tasks like sourcing, onboarding, and risk assessments—without manual effort. Powered by the Hyperbridge architecture, they adapt in real-time, deliver smarter workflows, and ensure compliance and efficiency across the procurement lifecycle. Preconfigured and ready to deploy, they help teams move faster and achieve more with fewer resources.
Levelpath enters its next phase of growth with new funding to accelerate product development, expand go-to-market efforts, and deepen strategic integrations. The aim is to transform procurement into a competitive advantage through intelligent, AI-native infrastructure. Continued investment will focus on platform capabilities, customer success, and ecosystem expansion—including integration into platforms like Coupa.



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