What is LevaData?
LevaData operates an integrated, AI-powered supply management platform designed to revolutionize direct material sourcing, proactively mitigate supply chain risks, and accelerate the pace of new product development. Headquartered in San Jose, California, the company leverages advanced artificial intelligence to provide a comprehensive solution for complex supply chain challenges, enabling businesses to optimize operations and enhance resilience in a dynamic global market.
How much funding has LevaData raised?
LevaData has raised a total of $47.4M across 2 funding rounds:
Debt
$350K
Series C
$47M
Debt (2020): $350K with participation from PPP
Series C (2021): $47M led by Banneker Partners and Tola Capital
Key Investors in LevaData
Banneker Partners
Banneker Partners is a private equity firm with a specialization in enterprise software investments, focusing on empowering management teams to grow successful businesses. They have a significant track record in the lower middle market, leveraging deep expertise in vertical software markets.
Tola Capital
Tola Capital is a venture capital firm based in Seattle, Washington, with a strategic focus on investing in enterprise software companies. Their investment thesis centers on identifying and supporting innovative software solutions.
PPP
Public-Private Partnership
What's next for LevaData?
The recent major strategic investment in LevaData signals a strong commitment to its growth and innovation in the enterprise-level supply management arena. This capital infusion is expected to fuel further development of its AI capabilities, expand its market reach, and enhance its platform's features for direct material sourcing and risk mitigation. LevaData is poised to solidify its position as a leader in transforming supply chain operations through intelligent automation and data-driven insights.
See full LevaData company page
