# Levelpath

> Levelpath is a San Francisco-based enterprise software company building an AI-native procurement platform that unifies intake, sourcing, contracts, and supplier management in one system. Founded in 2022 by the team behind Scout RFP (acquired by Workday for $540M), Levelpath aims to make procurement software people actually enjoy using - mobile-first, fast, and powered by AI agents that automate the repetitive 'ugh' work of buying at large companies. It has raised roughly $100M total, most recently a $55M+ Series B led by Battery Ventures in June 2025.

- **Founded:** 2022
- **Headquarters:** San Francisco, California, United States
- **Founders:** Alex Yakubovich (Co-founder & CEO), Stan Garber (Co-founder & President), Bryan Rosenstein (Co-founder), Raimonds Samofals (Co-founder)
- **Team size:** ~90 employees
- **Products:** Levelpath Platform, Intake, Sourcing, Contracts, Procurement AI Agents
- **Notable:** Raised roughly $100M total across Seed, Series A, and Series B rounds, Founding team previously built Scout RFP, acquired by Workday for $540M in 2019, $55M+ Series B led by Battery Ventures in June 2025

## Products & services

- **Levelpath Platform** — AI-native procurement platform that unifies intake, sourcing, contracts, supplier management, and spend analytics in a single mobile-first system.
- **Intake** — A guided, consumer-grade intake experience that routes procurement requests to the right stakeholders and automates approvals.
- **Sourcing** — Tools to run RFPs and supplier bids, with AI that analyzes proposals and drafts sourcing events in seconds.
- **Contracts** — Contract management with AI that reviews unstructured contract data and surfaces renewals, risks, and savings.
- **Procurement AI Agents** — Autonomous AI agents built on Levelpath's reasoning engine that automate repetitive procurement work end to end.

## Achievements

- Raised roughly $100M total across Seed, Series A, and Series B rounds
- Founding team previously built Scout RFP, acquired by Workday for $540M in 2019
- $55M+ Series B led by Battery Ventures in June 2025
- Landed enterprise customers including Ace Hardware, Amgen, Coupang, and SiriusXM
- GATX reported cutting RFP production from days to seconds and saving $3.5M from contract analysis using Levelpath

## Latest updates

- **2025-06** — Raised $55M+ Series B led by Battery Ventures, bringing total funding to roughly $100M; Neeraj Agrawal joined the board.
- **2025** — Expanded its platform with autonomous procurement AI agents built on an AI-native reasoning engine.
- **2023-09** — Raised $30M Series A led by Redpoint and launched its flagship procurement platform.

## Links

- Website: https://levelpath.com
- LinkedIn: https://www.linkedin.com/company/levelpath

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Profile page: https://yespress.io/levelpath
Published by YesPress — https://yespress.io
Last updated: 2026-07-11