Levelpath Named Gartner Cool Vendor for Sourcing and Procurement Technology
ByAinvest
Thursday, Aug 21, 2025 12:02 pm ET1min read
IT--
At the core of Levelpath's success is its proprietary AI reasoning engine, Hyperbridge. This engine powers intelligent automation and natural language experiences across the entire procurement lifecycle. By ingesting, normalizing, and enriching supplier data from disparate systems, Hyperbridge delivers high-quality, consolidated insights that enable smarter sourcing across the enterprise [1].
The platform's rapid innovation cycle, with weekly product updates, ensures that customers continually benefit from the latest AI capabilities. Recent releases include the QBR Agent, designed to streamline supplier quarterly business reviews, and an integration with Ironclad, enhancing seamless connectivity across the technology ecosystem [1].
Levelpath's AI-native architecture is purpose-built to help organizations modernize their sourcing, contracts, procurement intake, and spend visibility. This recognition by Gartner validates Levelpath's role in pioneering Generative AI for procurement and intake management, as highlighted in the 2025 Gartner Hype Cycle for Procurement and Sourcing Solutions [1].
"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" [1].
The platform is trusted by leading global brands such as Ace Hardware, SiriusXM, Western Union, SSM Health, and GATX. By centralizing procurement workflows and reducing complexity, Levelpath helps organizations achieve improved speed, compliance, and visibility. The system provides a clear audit trail and structured data capture, strengthening regulatory compliance and simplifying reporting for robust data governance [1].
Levelpath continues to grow rapidly as enterprises seek modern platforms that combine enterprise-grade functionality with exceptional user experience. To learn more about Levelpath’s recognition, request a demo today.
References:
[1] https://finance.yahoo.com/news/levelpath-named-2025-gartner-cool-155900216.html
[2] https://www.morningstar.com/news/business-wire/20250821536780/levelpath-named-a-2025-gartner-cool-vendor-for-sourcing-and-procurement-technology
Levelpath, an AI-native procurement platform, has been named a 2025 Gartner Cool Vendor for Sourcing and Procurement Technology. The platform streamlines intake, operationalizes global compliance, and provides real-time visibility to drive greater value for procurement teams. Levelpath's AI reasoning engine, Hyperbridge, powers intelligent automation and natural language experiences across the procurement lifecycle, enabling enterprises to reduce cycle times, accelerate digital transformation, and deliver measurable business impact.
Levelpath, an AI-native procurement platform, has been recognized as a 2025 Gartner Cool Vendor for Sourcing and Procurement Technology. This recognition underscores the platform's ability to streamline procurement processes, operationalize global compliance, and provide real-time visibility, thereby driving greater value for procurement teams.At the core of Levelpath's success is its proprietary AI reasoning engine, Hyperbridge. This engine powers intelligent automation and natural language experiences across the entire procurement lifecycle. By ingesting, normalizing, and enriching supplier data from disparate systems, Hyperbridge delivers high-quality, consolidated insights that enable smarter sourcing across the enterprise [1].
The platform's rapid innovation cycle, with weekly product updates, ensures that customers continually benefit from the latest AI capabilities. Recent releases include the QBR Agent, designed to streamline supplier quarterly business reviews, and an integration with Ironclad, enhancing seamless connectivity across the technology ecosystem [1].
Levelpath's AI-native architecture is purpose-built to help organizations modernize their sourcing, contracts, procurement intake, and spend visibility. This recognition by Gartner validates Levelpath's role in pioneering Generative AI for procurement and intake management, as highlighted in the 2025 Gartner Hype Cycle for Procurement and Sourcing Solutions [1].
"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" [1].
The platform is trusted by leading global brands such as Ace Hardware, SiriusXM, Western Union, SSM Health, and GATX. By centralizing procurement workflows and reducing complexity, Levelpath helps organizations achieve improved speed, compliance, and visibility. The system provides a clear audit trail and structured data capture, strengthening regulatory compliance and simplifying reporting for robust data governance [1].
Levelpath continues to grow rapidly as enterprises seek modern platforms that combine enterprise-grade functionality with exceptional user experience. To learn more about Levelpath’s recognition, request a demo today.
References:
[1] https://finance.yahoo.com/news/levelpath-named-2025-gartner-cool-155900216.html
[2] https://www.morningstar.com/news/business-wire/20250821536780/levelpath-named-a-2025-gartner-cool-vendor-for-sourcing-and-procurement-technology

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