Being named to this esteemed list highlights Levelpath’s dedication to transforming procurement with cutting-edge solutions. Our mission is to delight organizations by equipping them with intuitive tools that simplify procurement processes, boost efficiency, and deliver actionable insights, ultimately driving strategic value and innovation.
ProcureTech, in association with Kearney, has announced the 2024 ProcureTech100, the definitive 100 pioneering digital procurement solutions. Now in its fourth year, the ProcureTech100 is an established global go-to resource for procurement leaders seeking inspiring, AI-powered digital solutions that drive imperative change. Organizations selected represent the most innovative, progressive, and customer-centric procurement technologies, and this year’s cohort are supercharging procurement, suppliers, and the enterprise.
“The procure tech space continues to be a powerful hub of innovation and inspiration. As we advance to the future, the market continues to grow and contract, a sign of a healthy, dynamic ecosystem,” commented Dr. Elouise Epstein, Partner at Kearney.
At Levelpath, we are passionate about redefining the future of procurement by embracing advanced technologies such as artificial intelligence and data analytics. Our platform is crafted to delight procurement professionals with intuitive tools that empower them to make smarter, faster decisions, driving exceptional value and strategic impact across their organizations.
The rigorous and independent selection process of the annual cohort began with the analysis of more than 5,000 technology, data, and analytical digital procurement solutions across 1000s of key data points sourced from proprietary databases, which narrowed the field to a short-list of organizations across 10 categories. From there, over 80 global corporate digital procurement leaders, digital experts, and B2B investors applied their solution insights and experiences to the short-list. Combined with the quantitative and qualitative data this shaped the 2024 ProcureTech100.
ProcureTech CEO Lance Younger noted, “Organizations selected for this year’s ProcureTech100 continue to push the boundaries of the possible, trailblazing for the industry, offering unrivaled user experience and scalability, solving the most complex and simple procurement challenges.”
We are thrilled to be recognized alongside industry leaders and innovators, a testament that fuels our passion for excellence. This acknowledgment inspires us to continually push the envelope in delivering delightful, top-tier procurement solutions that empower organizations to achieve greater strategic impact.
The ProcureTech100 was announced on October 22nd. For access to the live replay of the announcement, including commentary from industry leaders Lance Younger from ProcureTech and Dr. Elouise Epstein from Kearney, register for the replay.
Big thank you to the Procurement Community as we extend our deepest gratitude to our dedicated customers, visionary partners, and fellow Pathfinders. Your support and collaboration have been instrumental in Levelpaths journey to this delightful milestone.
About Levelpath
Levelpath is the AI-powered procurement platform that connects workflows, data, people, and devices to enhance productivity and collaboration across businesses and their suppliers. Our AI platform unifies procurement, making enterprise commerce faster and more transparent; reduces risk; drives profitability; and delivers a delightful procurement journey at every step. At the heart of Levelpath is our Hyperbridge reasoning engine, which extracts and enriches data from hundreds of thousands of sources, unifying the procurement process into a single view on any device.
Headquartered in San Francisco, Levelpath is backed by leading investors including Benchmark, Redpoint Ventures, Menlo Ventures, NewView Capital, and World Innovation Lab (WiL). For more information, visit levelpath.com, email info@levelpath.com, or connect with us on LinkedIn.
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Michaela Dempsey, Levelpath
press@levelpath.com