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Levadata Raises $47M In Series C Funding

Sep 13, 2021•almost 4 years ago

Amount Raised

$47 Million

Round Type

series c

San Jose

Description

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 Information

Company

Leva Data

Location

San Jose, California, United States

About

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.

Funding Insights

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