# Levitate

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

- Industry: Software
- Headquarters: Raleigh, US
- Website: www.levitate.ai/
- Total disclosed funding: $49M
- Latest round: Series D (Aug 8, 2024)
- Investors on record: 7

## About

Levitate, Inc. is a US-based company specializing in relationship marketing tools that facilitate authentic communication and engagement between businesses and clients, enhancing client satisfaction and loyalty.Levitate, Inc. was founded in 2017 in Raleigh, US, and focuses on providing relationship marketing tools. The company's founders include Daniel Rhodes, Emmanuel Njomo, and Jesse Lipson. Levitate has secured a total of USD 15 mn through its latest funding round, Series D, co-led by Northwestern Mutual Future Ventures, Harbert Management Corporation, and Bull City Venture Partners on August 8, 2024. This round represents the total amount raised by the company, bringing its current valuation to USD 113.406 mn.Levitate offers a comprehensive suite of relationship marketing tools designed to foster authentic communication and engagement between businesses and their clients. The core offerings include personalized email campaigns, social media scheduling, and personalized texting, facilitating meaningful interactions. Additionally, Levitate provides features such as calendar sharing, meeting booking, and the ability to send authentic handwritten-style notes and personal cards for various occasions. These tools are particularly beneficial for small to medium-sized businesses aiming to enhance their client engagement and satisfaction levels. Levitate serves a diverse client base across multiple industries, including professional services, nonprofits, and retail, and markets its products primarily in the United States, while also extending its reach to international clients seeking scalable communication solutions.Levitate generates revenue primarily through a subscription model, allowing clients to access its range of marketing tools and services. Clients pay a recurring fee for utilizing these features, tailored to suit the specific needs of various businesses. The subscription plans cater to different customer segments, ensuring flexibility based on the size and requirements of the user organization. The platform enables bulk sending of personalized emails and social media posts, which are crucial for maintaining client engagement.Following its Series D funding of USD 15 mn received on August 8, 2024, Levitate plans to use the capital to support market expansion. The company is focused on enhancing its product offerings and increasing its presence in both domestic and international markets.

## Funding rounds

- Series D, Aug 8, 2024, $15M — Bull City Venture Partners, Harbert Management, Northwestern Mutual Future Ventures
- Series C, Apr 27, 2023, $14M — Bull City Venture Partners, Duke Angel Network, Tippet Venture Partners, Protagonist, Triangle Tweener Fund
- Series B, Sep 6, 2022, $6M — Bull City Venture Partners, Tippet Venture Partners
- Series B, Feb 25, 2021, $8M — Bull City Venture Partners, Tippet Venture Partners
- Series A, Jun 20, 2019, $6M — Bull City Venture Partners, Tippet Venture Partners

## Investors

- Bull City Venture Partners (https://capitalatlas.ai/funds/bull-city-venture-partners) — Series A, Series B, Series C, Series D
- Tippet Venture Partners (https://capitalatlas.ai/funds/tippet-venture-partners) — Series A, Series B, Series C
- Duke Angel Network — Series C
- Protagonist (https://capitalatlas.ai/funds/protagonist) — Series C
- Triangle Tweener Fund (https://capitalatlas.ai/funds/triangle-tweener-fund) — Series C
- Harbert Management (https://capitalatlas.ai/funds/harbert-management) — Series D
- Northwestern Mutual Future Ventures — Series D