FinTechFunding

LevaData: Raises $47M in Series C Funding

LevaData Raises $47M in Series C Funding

  • LevaData, a San Jose CA-based provider of a supply management software platform, raised $47M in Series C funding
  • The round was led by Banneker Partners with participation from Tola Capital
  • The company intends to use the funds to accelerate its growth
  • The company provides an AI-powered supply management platform that transforms direct material sourcing, mitigates risks, and improves the product development
  • Customers include large and complex enterprise companies, as well as small- and medium-sized OEMs
  • Its partnership community currently includes Bain & Company, Kinaxis, IBM, PTC, and RapidRatings
Previous article
iCover: Raises Undisclosed Seed Funding
Next article
Five Sigma: Raises $12M in Series A Funding
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

UK Banks Reject Opportunity to Lift £100 Contactless Limit

Major UK banks choose not to increase contactless payment thresholds.Highlights: UK banks will not raise the £100 contactless...
FinTech

Crypto.com Cuts 12% of Workforce Amid AI Shift

The company streamlines operations in response to evolving market dynamics.Highlights: Crypto.com reduces workforce by 12%Focus shifts to AI...
FinTech

Tide Strengthens Leadership with PPRO CTO Appointment

The fintech company welcomes a new chief technology officer to enhance its team.Highlights: Tide appoints ex-PPRO CTO to...
FinTech

Visa Overcomes Legacy Issues with Unified API for Intelligent Authorization

New API aims to streamline payment processes and enhance security features.Highlights: Visa launches a unified API to improve...