Levelpath’s AI-native platform drives greater value for procurement teams by streamlining intake, operationalizing global compliance, and unlocking real-time visibility

Levelpath, the premier AI-native procurement platform, today announced it has been named as a Cool Vendor in Sourcing and Procurement Technology by Gartner®. The company also recently was named as a Sample Vendor in the 2025 Gartner® Hype Cycle™ for Procurement and Sourcing Solutions, which Levelpath feels reinforces its pioneering role in Generative AI for Procurement and Intake Management.

According to the Gartner Cool Vendor report, “Seventy-eight percent of respondents to a recent Gartner survey cited digital transformation as one of the primary goals for procurement organizations. For procurement leaders aiming to maximize the benefits of digital transformation, making AI exploration a top priority is crucial.”

Levelpath believes this Cool Vendor recognition underscores the value of its AI-native architecture, which was purpose-built to help organizations modernize sourcing, contracts, procurement intake, and spend visibility. At the platform’s core is Hyperbridge, a proprietary AI reasoning engine that powers intelligent automation and natural language experiences across the entire procurement lifecycle. This combination enables enterprises to drastically reduce cycle times, accelerate digital transformation, and deliver measurable business impact through more intuitive AI guided procurement.

In the Cool Vendor report Gartner says that, “Many procurement organizations struggle to realize the full potential of AI due to inconsistent, incomplete or poor-quality data.” Levelpath believes it addresses this challenge by creating a trusted data foundation to build a supplier system of record that enables more accurate, intelligent, and cost-effective procurement decisions. Hyperbridge ingests, normalizes, and enriches supplier data from disparate systems to provide high-quality, consolidated insights that power smarter sourcing across the enterprise.

Levelpath maintains a rapid innovation cycle, releasing new product updates on a weekly basis to ensure customers continually benefit from the latest AI capabilities. Recent launches include the QBR Agent, which is built to streamline the preparation and execution of supplier quarterly business reviews by consolidating critical supplier data into a framework to strategically collaborate with suppliers. Additionally, Levelpath recently released an integration with Ironclad, which along with its existing API capabilities, extends its ability to seamlessly connect across the technology ecosystem.

"Procurement leaders are under pressure to deliver results faster and with greater efficiency," said Alex Yakubovich, Co-founder and CEO of Levelpath. "Levelpath is built through deep collaboration with procurement leaders from every corner of the globe. This is not just partnership, it is co-creation. Working hand-in-hand with these leaders, we are helping teams source smarter, slash cycle times, and make strategic decisions that drive significant cost savings and improved business outcomes. We believe this Gartner recognition validates what our collaborative community of procurement leaders is achieving together."

Customers use Levelpath to centralize procurement workflows, reduce complexity, and elevate the stakeholder experience. Many organizations achieve improved speed, compliance, and visibility as a result of adopting the platform. The system provides a clear audit trail and structured data capture that strengthens regulatory compliance and simplifies reporting for robust data governance.

Levelpath is trusted by leading global brands, including Ace Hardware, SiriusXM, Western Union, SSM Health, and GATX. The company continues to grow rapidly as enterprises seek modern platforms that combine enterprise-grade functionality with exceptional user experience.

Download the Gartner Cool Vendor 2025 report now. To learn more about Levelpath’s recognition, request a demo today.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and COOL VENDORS is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved.

Gartner, Cool Vendors in Sourcing and Procurement Technology, Cian Curtin, Magnus Bergfors, Micky Keck, Chaithanya Paradarami, Martin Shreffler, August 15, 2025.

Disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Levelpath

Levelpath is the premier AI-native procurement platform, purpose-built to help global enterprises optimize spend and operations. Powered by its proprietary Hyperbridge reasoning engine, Levelpath unifies complex procurement processes with intelligent automation, no-code workflow orchestration, and a delightful stakeholder experience. The platform delivers real-time visibility, actionable insights, and faster execution, enabling procurement teams to drive measurable business value at scale. Trusted by leading enterprises worldwide, including Ace Hardware, Amgen, Coupang, Fortrea, GATX, SiriusXM, SSM Health, and Western Union, Levelpath helps organizations collaborate smarter, operate more efficiently, and unlock new levels of agility.

Headquartered in San Francisco, Levelpath is backed by Benchmark, Redpoint Ventures, Menlo Ventures, NewView Capital, and World Innovation Lab. Learn more at levelpath.com or connect with us on LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250821536780/en/

"Levelpath is built through deep collaboration with procurement leaders from every corner of the globe.We believe this Gartner recognition validates what our collaborative community of procurement leaders is achieving together."