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Levadata Raises $47M In Series C Funding

Levadata Raises $47M In Series C Funding

09/13/21, 1:03 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan jose
Money raised
$47 million
Round Type
series c
LevaData, the industry-leading supply management software company that delivers an integrated artificial intelligence (AI) platform to transform direct material sourcing and accelerate new product development, announced today that it raised $47 million in Series C funding. This strategic investment, led by Banneker Partners with participation from its pre-existing investor, Tola Capital, comes after the company experienced significant global revenue growth during the first half of 2021.

Company Info

Company
Leva Data
Location
san jose, california, united states
Additional Info
LevaData’s integrated, AI-powered supply management platform transforms direct material sourcing, mitigates risks, and accelerates new product development. We power the smartest supply chains in the world by constantly analyzing business objectives against real-time market activity and community intelligence. We are trusted to deliver improved margins, control risk, generate new product velocity, and achieve multi-tier supplier engagement with purpose-built tools for quick collaboration and decisive actions. LevaData creates a competitive advantage with transformational and predictive insights. Customers include large and complex enterprise companies, as well as small- and medium-sized OEMs seeking to achieve best-in-class supply management practices. For more information on LevaData, please visit us at levadata.com.