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  • Enterprise AI

Levelpath Named 2025 Gartner Cool Vendor for Procurement Tech


Levelpath Named 2025 Gartner Cool Vendor for Procurement Tech
  • Source: Source Logo
  • |
  • August 25, 2025

Levelpath, a leading AI-native procurement platform, has been recognized as a 2025 Gartner Cool Vendor in Sourcing and Procurement Technology. This accolade highlights Levelpath’s innovative approach to transforming procurement processes through its proprietary AI reasoning engine, Hyperbridge, which enhances automation, streamlines workflows, and delivers real-time insights for enterprises worldwide.

Quick Intel

  • Levelpath named a 2025 Gartner Cool Vendor for procurement technology.

  • AI-native platform Hyperbridge streamlines sourcing and compliance.

  • Enables faster cycle times and improved spend visibility for enterprises.

  • Integrates with Ironclad and other systems for seamless connectivity.

  • Trusted by brands like Ace Hardware, SiriusXM, and Western Union.

  • Weekly updates ensure continuous AI-driven procurement innovation.

Levelpath’s AI-Native Procurement Innovation

Levelpath’s recognition as a 2025 Gartner Cool Vendor underscores its leadership in AI-driven procurement solutions. The platform’s core, Hyperbridge, is a proprietary AI reasoning engine that powers intelligent automation and natural language experiences across the procurement lifecycle. This enables organizations to reduce cycle times, enhance digital transformation, and achieve measurable business outcomes. 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.”

Overcoming Data Challenges in Procurement

Many procurement organizations face challenges with inconsistent or poor-quality data, limiting AI’s potential. Levelpath addresses this by creating a trusted data foundation through Hyperbridge, which ingests, normalizes, and enriches supplier data from disparate systems. This results in a supplier system of record that drives accurate, cost-effective procurement decisions. The platform’s ability to provide consolidated insights empowers enterprises to source smarter and optimize spend visibility across operations.

Rapid Innovation and Ecosystem Integration

Levelpath maintains a rapid innovation cycle, delivering weekly product updates to ensure customers benefit from cutting-edge AI capabilities. Recent innovations include the QBR Agent, which streamlines supplier quarterly business reviews by consolidating critical data for strategic collaboration. Additionally, Levelpath’s integration with Ironclad and its robust API capabilities enable seamless connectivity across the technology ecosystem, enhancing its enterprise-grade functionality.

Driving Efficiency and Compliance

“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.” The platform centralizes workflows, strengthens regulatory compliance, and simplifies reporting through structured data capture and clear audit trails.

Levelpath’s AI-native platform is trusted by global brands such as Ace Hardware, SiriusXM, Western Union, SSM Health, and GATX. By combining enterprise-grade functionality with an exceptional user experience, Levelpath continues to drive procurement modernization, delivering speed, compliance, and visibility to organizations worldwide.

 

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.

  • Procurement TechAI NativeSourcing SolutionsDigital TransformationEnterprise Tech
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