Levelpath
Levelpath sells AI-powered procurement software to large enterprises. It has raised $100M and serves Fortune 500 clients including Ace Hardware and Amgen.
The growth story
Levelpath grew from 1 to 141 employees between 2022 and 2026, raising $100M along the way, most recently a Series B in June 2025.
About
Levelpath provides a procurement platform that automates and centralizes purchasing operations for large companies. Its software uses AI to manage workflows and provide real-time insights across procurement activities, aiming to streamline indirect spending processes.
The company was founded in 2022 and has grown to 141 employees. It has raised $100M in funding, with its Series B round led by top-tier investors including Benchmark and Battery Ventures.
Founders and leadership
Engineering is Levelpath's largest function, with 49 employees. The company is led by a San Francisco-based team and has a median employee tenure of 2 years.
The Levelpath org chart
Alex Yakubovich (Co-Founder & CEO) leads 26 mapped leaders with 3 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 55 (+28% YoY), Customer Success and Support 18 (+200% YoY), Sales 14 (+56% YoY), Consulting 11 (+83% YoY), Operations 8 (+60% YoY), Business Development 7 (+75% YoY).
Talent flow
Levelpath recruits heavily from Workday and Scout RFP, with 15 and 13 hires respectively. Its workforce includes graduates from Riga Technical University and Latvijas Universitate, which account for 26 employees combined.
Most common previous employers of Levelpath staff: Workday (15), Scout RFP (13), TestDevLab (8), scandiweb (7), Enable (6), Printful (6). Former Levelpath employees most often moved to GC AI (2), Ubiquiti (2), Illumio (1), Loremex (1), DevRev (1), Quantum Metric (1).
Alumni worth knowing
Web traffic
Traffic mix: 68% direct, 19% search, 0% social, 0% paid.
What this company is made of
Most common skills at Levelpath: Microsoft Office (53), JavaScript (51), Leadership (50), Microsoft Excel (45), SQL (45), Project Management (44), Customer Service (43), Cascading Style Sheets (CSS) (43).
Where the team actually sits
Levelpath people are concentrated in Riga, Latvia (27), California, United States (24), Latvia (19), San Francisco Bay Area (15). 2 offices on record.
Search footprint
Levelpath attracts about 1,050 organic search visits a month, traffic worth roughly $4K a month if bought through ads. It gained 176 ranking keywords and lost 127 in the last period.
What employees say
- Compensation
- 4.40 / 5
- Career opportunities
- 4.30 / 5
- Senior management
- 4.30 / 5
- Work-life balance
- 3.50 / 5
Frequently asked
Levelpath has 141 employees as of September 2026.
Levelpath has raised $100M in total, most recently a Series B round in June 2025.
Levelpath was founded in 2022 by Stan Garber, Alex Yakubovich, Bryan Rosenstein.
Alex Yakubovich (Co-Founder & CEO) sits at the top of Levelpath's reporting structure, with 3 direct reports.
The most common previous employers of current Levelpath staff are Workday (15 people), Scout RFP (13 people), TestDevLab (8 people).
Former Levelpath employees most often move to GC AI (2), Ubiquiti (2), Illumio (1).
Levelpath attracts about 1,050 organic search visits a month, worth roughly $4K a month in equivalent ad spend.
The most common skills among Levelpath staff are Microsoft Office, JavaScript, Leadership, Microsoft Excel, SQL.
Levelpath staff are concentrated in Riga, Latvia (27), California, United States (24), Latvia (19).
Levelpath has about 55 people in Engineering, up 28% over the past year, as of September 2026.
Levelpath has about 18 people in Customer Success and Support, up 200% over the past year, as of September 2026.
Computed from 113 current and 57 former Levelpath profiles, as of September 2026. Source: Crustdata.
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