# LevaData

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/levadata

- Industry: Software
- Headquarters: San Jose, US
- Website: www.levadata.com
- Total disclosed funding: $50M
- Latest round: Series C (Sep 13, 2021)
- Investors on record: 2

## About

LevaData Inc is a US-based company specializing in AI-powered supply chain analytics and procurement solutions that optimize direct material sourcing for various industries.Founded in 2013 in San Jose, US, LevaData Inc offers a unified platform focused on advanced supply chain analytics. The company has successfully closed three funding deals, the most recent being a Series C round in September 2021 where it raised USD 32.75 mn led by Banneker Partners, with participation from Tola Capital. Rajesh Kalidindi serves as the founder and CEO, leveraging his expertise in technology and supply chain management to drive company growth. The company does not have publicly available information regarding subsidiaries or changes in business strategy.LevaData specializes in advanced supply chain analytics and procurement solutions that optimize direct material sourcing for businesses across various industries. Its core product is a unified platform that integrates real-time cost savings, spend intelligence, and detailed analytics at the Manufacturer Part Number (MPN) level. This platform enables organizations to make informed procurement decisions, mitigate risks from supply chain disruptions, and improve supplier collaboration. Serving a diverse clientele including manufacturers in electronics, automotive, and consumer goods sectors, LevaData operates globally with significant presence in North America, Europe, and Asia.LevaData generates revenue through a subscription-based model, offering access to its procurement analytics platform via contracts that typically span one or multiple years. This flexible pricing structure accommodates various business sizes, allowing clients to select from different tiers that include both core functionalities and additional premium features tailored to operational needs. Key services such as advanced spend intelligence tools and benchmarking capabilities are integral to enhancing the user experience and delivering value to clients.Following its Series C funding of USD 32.75 mn raised in September 2021, LevaData plans to accelerate its growth strategies and expand its partnership community. Specific details on new products or services have not been disclosed, however, the company is focused on increasing its market presence in North America, Europe, and Asia over the coming years.

## Funding rounds

- Series C, Sep 13, 2021, $33M — Tola Capital, Banneker Partners
- Series B, May 31, 2018, $12M — Tola Capital
- Series A, Aug 29, 2017, $5M — Tola Capital

## Investors

- Tola Capital (https://capitalatlas.ai/funds/tola-capital) — Series A, Series B, Series C
- Banneker Partners (https://capitalatlas.ai/funds/banneker-partners) — Series C