<ul data-eligibleForWebStory="true"><li>Levelpath, a procurement software startup founded by the creators of Scout RFP, has secured $55 million in Series B funding led by Battery Ventures with participation from existing investors like Benchmark and Redpoint.</li><li>The founders, Stan Garber and Alex Yakubovich, identified procurement challenges during their time at Workday, leading to the creation of Levelpath, which integrates AI capabilities and serves customers like Ace Hardware and Amgen.</li><li>The investment in Levelpath highlights its potential to disrupt the procurement software market dominated by legacy vendors, indicating confidence in the startup's growth trajectory in a market valued at $7.3 billion annually.</li><li>With backing from experienced investors like Battery Ventures and a strong focus on user-friendly technology, Levelpath aims to enhance the procurement experience for customers and generate significant cost savings for businesses.</li></ul>

Next-gen procurement platform Levelpath nabs $55M

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