Levelpath is an AI-native enterprise procurement platform built around a proprietary Hyperbridge reasoning engine and a suite of autonomous AI agents that handle intake, sourcing, supplier management and purchasing decisions. It aims to replace clunky legacy procure-to-pay suites with a fast, mobile-first, conversational experience that guides employees through buying while enforcing policy. Founded by Alex Yakubovich and Stan Garber (previously founders of Scout RFP), Levelpath raised a $55M+ Series B led by Battery Ventures in mid-2025, bringing total funding past $100M, to accelerate product and go-to-market expansion.
Levelpath
ActiveAI-native procurement platform with autonomous purchasing agents
Total raised
$55M
1 round
Stage
Series B
Team
51-200
since 2022
Pricing
Freemium
free plan
Founded
2022
San Francisco, United States
Agent-ready
API
Score 40/100
Autonomous AI procurement agents
Hyperbridge reasoning engine
Conversational intake and guided buying
Sourcing and RFP automation
Supplier risk and management workflows
Policy and approval enforcement
Mobile-first procurement experience
Spend analytics and reporting
40/100
Developing
MCP server
Public API
Webhooks
OAuth 2.0
SDKs
— Series B $55M incl. 01A +5
Capital network
$100M raised ·6 backers·10 network links
- Backers6
- Shared portfoliocompanies these backers also fund
- Extended networkfunds that co-invest alongside them
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- What is Levelpath?
- An AI-native procurement platform that uses autonomous agents to automate sourcing and purchasing.
- Who founded Levelpath?
- Alex Yakubovich and Stan Garber, previously founders of Scout RFP.
- How much has Levelpath raised?
- Over $100M total, including a $55M+ Series B led by Battery Ventures in 2025.
- What is Hyperbridge?
- Levelpath's proprietary reasoning engine that powers its AI procurement agents.
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