Fundraising Fox

Level Path

San Francisco, US · 7 known investors

levelpath.com ↗

Levelpath provides AI agents that automate procurement workflows, transforming procurement from administrative overhead into a strategic business function.

Also known as Levelpath

AI & Machine LearningEnterprise SoftwareSaaS

Founders & leadership

AY
Alex YakubovichFounder
BR
Bryan RosensteinFounder
SG
Stan GarberFounder

Investors · 7

01 AdvisorsSan Francisco · $1M – $10M
Artisanal VenturesTiburon
Battery VenturesBoston · $500K – $100M
Menlo VenturesSan Francisco · $1M – $20M
New York Life VenturesNew York
NewView CapitalBurlingame
Redpoint VenturesWoodside · $100K – $10M

Funding

SEC filings, press & company announcements

$55M disclosed across 1 of 2 rounds · 2025

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Levelpath offers an enterprise procurement platform built around AI agents that operate across sourcing, contract management and supplier risk. According to the company's website, the agents run sourcing events, generate RFPs, qualify suppliers and produce ranked supplier shortlists based on historical data, contracts and risk profiles; scan a customer's contract repository to answer questions with clause-level precision, flag risks and track renewal timelines; and continuously monitor operational and compliance signals across the supplier base, updating risk profiles and notifying stakeholders with recommended actions.

The product set spans a platform layer with integrations, an Orchestration Studio and reporting/intelligence, plus capability modules for intake and orchestration, sourcing, supplier management, contract management, project pipeline, risk management and invoice automation. A mobile app is offered for visibility into projects and requests. The company positions the platform as letting procurement teams increase throughput without adding headcount.

Business model

Levelpath sells software to enterprise procurement organizations; the website's only stated acquisition motion is a "Book a demo" request, and it references a partnerships program. No pricing details are disclosed in the available sources.

Traction

The company's website cites more than $26 billion in spend run through Levelpath, 10x capacity for RFPs, 76% reduced cycle times and 50-70% operational efficiency gains, and states that leading enterprises use the platform. These figures are self-reported and not independently verified in the available sources.

▸Full profile — market position, technology, go-to-market, risks & controversies

Market position

Levelpath presents itself as an AI-agent-native procurement platform; it lists Coupa among the systems it integrates with. The available sources do not provide independent market share or competitive ranking data.

Technology

The platform is built around configurable AI agents governed by enterprise controls: every agent action is logged to create an audit trail for review, reporting and compliance; configurable autonomy settings define where agents act independently versus escalate; and role-based permissions with single sign-on manage access. Native integrations connect to systems including Oracle Fusion, NetSuite, OneTrust, Ironclad, Docusign and Coupa.

Go-to-market

Direct enterprise sales driven by demo requests, supported by content resources (blog, glossary, resource hub, events, customer stories) and a partnerships program.

Enterprise procurement, sourcing, contract, supplier risk and finance teams. Testimonials on the company site are attributed to a Director of Category Management and Operations and a Senior VP of Operational Finance, Procurement and Supply Chain.

Risks & controversies

No controversies are reported in the available sources. Note that several sources retrieved under this name refer to unrelated entities (a homeownership program, a ministry, a Bible topic page, and a defunct New York benefits startup called Level) and were excluded.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Cumulative spend processed through platformJan 2026$26B+
Reported increase in RFP capacityJan 202610x
Reported operational efficiency gainsJan 202650-70%
Reported reduction in cycle timesJan 202676%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 10

by search overlap
Tipalti130 shared keywordsTipalti offers an AI-powered finance automation platform that handles global accounts payable, payments, procurement, expenses, and treasury operations for businesses. It supports cross-border payments to over 200 countries in 120 currencies and integrates with ERPs, accounting systems, and other business tools, serving industries such as adtech, e-commerce, gaming, healthcare, and software.
Ramp119 shared keywordsRamp provides a spend management platform that consolidates corporate cards, expense management, accounts payable, business banking, travel booking, and procurement into one system. It targets businesses seeking automated coding, reconciliation, policy enforcement, and visibility across company spending.
Order109 shared keywordsOrder.co is an AI-powered platform that automates procurement, accounts payable, and spend management for businesses. The platform streamlines the entire purchasing lifecycle from requisition to payment, offers real-time spend visibility, and provides working capital solutions through virtual cards.
Spendflo107 shared keywordsSpendflo builds Flo, an autonomous procurement workforce of AI agents that runs the intake-to-pay cycle — handling purchase requests, contract tracking, and invoice matching — while human teams approve only what needs them. Originally a SaaS spend management platform, it serves finance and procurement teams at businesses managing many vendors, contracts, and subscriptions.
Droppe100 shared keywordsDroppe operates an online store selling occupational safety and workwear products—such as safety shoes, high-visibility clothing, protective gloves, respirator masks, and work trousers—from brands like New Balance and Nitras. The site serves buyers of workplace safety equipment and lists prices in euros with a German-language market interface.
Fairmarkit97 shared keywordsFairmarkit provides a strategic sourcing platform that lets procurement teams create governed RFPs, structure supplier evaluations, and run scenario-based award analysis balancing price, quality, risk, and sustainability. It targets enterprise procurement and sourcing organizations managing complex strategic categories.
Procurify97 shared keywordsProcurify is a procurement platform that gives finance and operations teams spend visibility and control across the intake-to-pay process, covering purchase requests, approvals, POs, invoicing, payments, and spending cards. It serves growing mid-market organizations in industries such as healthcare, education, biotechnology, manufacturing, and non-profit, and integrates with ERPs including NetSuite, QuickBooks, and Sage Intacct.
Netezza90 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Bill.com Holdings, Inc.88 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
iCertis, Inc.88 shared keywordsIcertis provides AI-native contract intelligence software that helps enterprises automate and optimize contract management to accelerate business execution.

Companies competing with Level Path for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Series B Funding: Levelpath Raises $55 Millionlevelpath.com · Jun 2025Levelpath Raises $55+M in Series B Fundingfinsmes.com · Jun 2025Levelpath Raises $55+ Million to Reimagine Enterprise Procurement, led by Battery Venturesbusinesswire.com · Jun 2025Next-gen procurement platform Levelpath nabs $55M | TechCrunchtechcrunch.com · Jun 2025Levelpath: Procurement Platform Company Raises $44.5 Millionpulse2.com · Sep 2023

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Level Path do?
Levelpath sells an enterprise procurement platform whose AI agents run sourcing, contract and supplier risk workflows.
Who are Level Path's investors?
Level Path's investors include 01 Advisors, Artisanal Ventures, Battery Ventures, Menlo Ventures, New York Life Ventures, NewView Capital, Redpoint Ventures.
How much funding has Level Path raised?
Level Path has disclosed $55M raised across 1 of its 2 known rounds.
Where is Level Path headquartered?
Level Path is headquartered in San Francisco, US.