Levelpath Named 2025 Gartner® Cool Vendor in Procurement Tech
Levelpath’s AI-native platform drives higher worth for procurement groups by streamlining consumption, operationalizing international compliance, and unlocking real-time visibility
Levelpath, the premier AI-native procurement platform, at this time introduced it has been named as a Cool Vendor in Sourcing and Procurement Expertise by Gartner®. The corporate additionally just lately was named as a Pattern Vendor within the 2025 Gartner® Hype Cycle
for Procurement and Sourcing Options, which Levelpath feels reinforces its pioneering position in Generative AI for Procurement and Consumption Administration.
Based on the Gartner Cool Vendor report, “Seventy-eight % of respondents to a latest Gartner survey cited digital transformation as one of many main targets for procurement organizations. For procurement leaders aiming to maximise the advantages of digital transformation, making AI exploration a prime precedence is essential.”
Levelpath believes this Cool Vendor recognition underscores the worth of its AI-native structure, which was purpose-built to assist organizations modernize sourcing, contracts, procurement consumption, and spend visibility. On the platform’s core is Hyperbridge, a proprietary AI reasoning engine that powers clever automation and pure language experiences throughout all the procurement lifecycle. This mix permits enterprises to drastically cut back cycle instances, speed up digital transformation, and ship measurable enterprise impression by way of extra intuitive AI guided procurement.
Within the Cool Vendor report Gartner says that, “Many procurement organizations battle to comprehend the complete potential of AI resulting from inconsistent, incomplete or poor-quality knowledge.” Levelpath believes it addresses this problem by making a trusted knowledge basis to construct a provider system of report that allows extra correct, clever, and cost-effective procurement choices. Hyperbridge ingests, normalizes, and enriches provider knowledge from disparate techniques to offer high-quality, consolidated insights that energy smarter sourcing throughout the enterprise.
Levelpath maintains a speedy innovation cycle, releasing new product updates on a weekly foundation to make sure prospects frequently profit from the newest AI capabilities. Current launches embrace the QBR Agent, which is constructed to streamline the preparation and execution of provider quarterly enterprise critiques by consolidating vital provider knowledge right into a framework to strategically collaborate with suppliers. Moreover, Levelpath just lately launched an integration with Ironclad, which together with its present API capabilities, extends its capacity to seamlessly join throughout the know-how ecosystem.
“Procurement leaders are underneath stress to ship outcomes quicker and with higher effectivity,” mentioned Alex Yakubovich, Co-founder and CEO of Levelpath. “Levelpath is constructed by way of deep collaboration with procurement leaders from each nook of the globe. This isn’t simply partnership, it’s co-creation. Working hand-in-hand with these leaders, we’re serving to groups supply smarter, slash cycle instances, and make strategic choices that drive vital price financial savings and improved enterprise outcomes. We consider this Gartner recognition validates what our collaborative group of procurement leaders is reaching collectively.”
Prospects use Levelpath to centralize procurement workflows, cut back complexity, and elevate the stakeholder expertise. Many organizations obtain improved pace, compliance, and visibility on account of adopting the platform. The system gives a transparent audit path and structured knowledge seize that strengthens regulatory compliance and simplifies reporting for strong knowledge governance.
Levelpath is trusted by main international manufacturers, together with Ace {Hardware}, SiriusXM, Western Union, SSM Well being, and GATX. The corporate continues to develop quickly as enterprises search fashionable platforms that mix enterprise-grade performance with distinctive consumer expertise.
Obtain the Gartner Cool Vendor 2025 report now. To be taught extra about Levelpath’s recognition, request a demo at this time.
GARTNER is a registered trademark and repair mark of Gartner, Inc. and/or its associates within the U.S. and internationally, and COOL VENDORS is a registered trademark of Gartner, Inc. and/or its associates and are used herein with permission. All rights reserved.
Gartner, Cool Distributors in Sourcing and Procurement Expertise, Cian Curtin, Magnus Bergfors, Micky Keck, Chaithanya Paradarami, Martin Shreffler, August 15, 2025.
Disclaimer: Gartner doesn’t endorse any vendor, services or products depicted in our analysis publications, and doesn’t advise know-how customers to pick solely these distributors with the very best rankings or different designation. Gartner analysis publications include the opinions of Gartner’s analysis group and shouldn’t be construed as statements of reality. Gartner disclaims all warranties, expressed or implied, with respect to this analysis, together with any warranties of merchantability or health for a specific goal.
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