LevaData, a San Jose CA-based provider of a supply management software platform that delivers an integrated artificial intelligence (AI) platform to transform direct material sourcing and accelerate new product development, 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.
Led by Rajesh Kalidindi, CEO and Founder, LevaData 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.
FinSMEs
13/09/2021