Articles from Levelpath

Levelpath, the AI-native intake-to-procure platform that makes procurement delightful, has been recognized in the 2025 Gartner® Innovation Insight: Procurement Orchestration Platforms report.

Levelpath, the AI-native procurement platform, announced updates to its AI Agents, showcasing how enterprises can reduce cycle times, surface risk early, and unlock the efficiency of a bigger team. By embedding AI throughout the procurement process, Levelpath is making procurement delightful for the entire business.

Levelpath, the AI procurement solution, today announced the release of its newest risk management capability that gives procurement and risk teams a central hub to assess, monitor, and act on supplier risk. The AI-native platform brings contract insights, supplier workflows, and real-time monitoring into one place so teams can prioritize oversight and act with confidence.

Levelpath, the AI-native intake-to-procure platform, today announced the release of its newest capability: the AI Contract Discovery Agent. This powerful tool enables legal and procurement teams to ask any question about their contracts and receive clause-level answers in minutes.

Levelpath, the delightful AI-native procurement platform, is expanding its integration network by adding Ironclad, the AI contract management platform. This integration expands Levelpath’s robust direct connector ecosystem, which already includes Coupa, Docusign, Oracle Fusion, and Slack.

Levelpath, the premier AI-native procurement platform, today announced it has been named as a Cool Vendor in Sourcing and Procurement Technology by Gartner®. The company also recently was named as a Sample Vendor in the 2025 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions, which Levelpath feels reinforces its pioneering role in Generative AI for Procurement and Intake Management.

Levelpath, the leading AI-native procurement platform, today announced Jerry Brooner as Chief Revenue Officer to accelerate the company's growth and market expansion.

Levelpath, the leader in AI-native procurement platforms, today announced its inclusion in the 2025 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions. The company was recognized as a Sample Vendor for both Generative AI for Procurement and Intake Management, we believe validating Levelpath's pioneering role in transforming procurement through breakthrough AI innovation.

Levelpath, the leading AI-native procurement platform, today announced $55+ million in Series B funding led by Battery Ventures, bringing the total raised to $100 million. The new capital accelerates Levelpath’s mission to reinvent how global enterprises manage procurement, typically the second-largest operational expense after payroll.

Levelpath, For most employees, engaging with procurement feels like navigating a maze—complex forms, unclear processes, and endless back-and-forth that delays critical business initiatives. Today, Levelpath, the leading AI-native procurement platform, announced the launch of two breakthrough innovations that eliminate this friction: AI Front Door, a conversational interface that uses Levelpath's Hyperbridge reasoning engine to guide users to the right workflows through natural language, and Pipeline, a centralized project visibility layer that brings real-time insight into procurement priorities and performance.

Levelpath, the leading AI-native procurement platform, today announced breakthrough customer results that delightfully solve industry-wide AI struggles. Despite $34 billion invested in private generative AI last year, the Wall Street Journal reports that most enterprises see cost savings under 10% and revenue increases below 5%. Only 1% of companies have successfully scaled their AI investments beyond pilot phases.

Levelpath, a leading AI-powered procurement platform, today announced its certification as a Coupa App Marketplace solution. The integration brings advanced procurement automation capabilities to Coupa's AI-native Total Spend Management platform, helping organizations streamline operations and reduce procurement cycle times by up to 60%.