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Synopsis
Battery Ventures, a technology-focused investment firm, led a $55m Series B round in Levelpath, an AI-native procurement platform, with participation from Redpoint Ventures, Benchmark, 01A, New View Capital and World Innovation Lab. "Levelpath represents the future of enterprise procurement: intelligent, automated, and strategically aligned with business objectives. The team has built remarkable technology that delivers demonstrable value to some of the world's largest companies. We are excited to partner with them as they scale to become the definitive procurement platform for global enterprises," Neeraj Agrawal, Battery Ventures General Partner.
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