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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
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