LevaData

What LevaData does

LevaData is an AI-powered supply management software company focused on direct material sourcing for discrete manufacturers. Founded in 2013 and headquartered in Pleasanton, California, with operations in Hyderabad, India, the company targets large global manufacturers and mid-market OEMs managing complex bill-of-material (BOM) spend in categories such as electronics, industrial components, and other direct materials. Its flagship offering, Part Insights, delivers a 360-degree view at the manufacturer part number (MPN) level, enabling procurement teams to evaluate sourcing alternatives, supplier risk, and cost optimization opportunities. Customers using the platform collectively manage approximately $95 billion in annual direct-material spend, and a documented outcome for a flagship customer (Dyson) reports roughly $14 million in annualized savings, indicating enterprise-scale contract economics.

Underlying the product is a proprietary Large Sourcing Model (LSM) — LevaData's named in-house AI model — that ingests 140+ unique data feeds to produce predictive, prescriptive, and generative analytics, alongside autonomous agents, anomaly detection, and optimization. The platform integrates with enterprise systems and partner ecosystems including Kinaxis, IBM, PTC, RapidRatings, and Octopart, embedding procurement workflows into customer ERPs and PLMs.

The business model is enterprise SaaS subscription, sold to large manufacturers and mid-market OEMs, with go-to-market executed through direct enterprise sales and a channel that includes consulting partners such as Bain & Company. Pricing is quote-based on enterprise contract size rather than disclosed per-seat. The company has raised approximately $65.5 million in venture funding across multiple rounds, most recently a $47 million Series C in September 2021 led by Banneker Partners with participation from Tola Capital. Leadership transitioned in November 2022 when Keith Hartley was appointed CEO, succeeding founder Rajesh Kalidindi who remains on the board; Angel Mendez serves as Executive Chairman.

Name

LevaData

Legal name

LevaData, Inc.

Website

https://levadata.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Short description

LevaData is an AI-powered supply management software company that helps discrete manufacturers optimize direct material sourcing at the part-number level via its proprietary Large Sourcing Model and 140+ data feeds, serving enterprise manufacturers and mid-market OEMs globally.

Ownership category

akta.pro rank

Product category

Supply Chain Analytics Software

NAICS

Software Publishers (513210)

SIC

Services-Prepackaged Software (7372)

akta.pro primary industry

Spend Analytics & Reporting Support (BPAAAJAJ)

akta.pro secondary industries

iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG), Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO)

Keywords

• Supply chain analytics
• Direct material sourcing
• Procurement software
• Supplier intelligence
• Strategic sourcing

Headquarters

HQ city

Pleasanton

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Platform Subscription: LevaData operates as a SaaS platform providing AI-powered supply management software on a subscription basis. The integrated platform transforms direct material sourcing, mitigates risks, and accelerates new product development. Customers include large enterprise companies and medium-sized OEMs seeking best-in-class supply management practices.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

LevaData develops and sells an AI-powered, SaaS-based supply management platform that helps enterprises source direct materials, optimize cost, and mitigate supply chain risk. The platform combines 140+ data feeds with a proprietary Large Sourcing Model (LSM) to deliver part-level (MPN) intelligence, spend visibility, BOM optimization, supplier risk scoring, and prescriptive recommendations for procurement, engineering, and supplier teams.

Product overview

LevaData offers a unified AI-powered supply management platform centered on its core Part Insights product, which provides a 360-degree view of manufacturer part numbers (MPNs) combining customer-specific data with market intelligence, pricing benchmarks, risk signals, and savings opportunities. The platform operates as an integrated suite organized into two main portfolio segments: Solutions (Spend Intelligence, Savings Insights, NPI BOM Insights, Location Insights, Part Risk Insights, Alternate Part Insights, Leadtime Insights, Supplier Collaboration, Supplier Scorecard, and Tariff Insights) and Use Cases (Data Integrity, Cost Benchmarking, BOM Optimization, Location Impact, Supplier Management, and Tariff Management). The platform leverages a proprietary Large Sourcing Model (LSM) and integrates data from over 140 unique feeds to power AI capabilities including predictive analytics, prescriptive analytics, autonomous agents, generative AI, knowledge retrieval, anomaly detection, process automation, and optimization—all applied to direct material sourcing and supply chain risk management.

Differentiator

Problem solved

Functional benefit

Products and services

• Part Insights Flagship product providing a 360-degree view of Manufacturer Part Numbers (MPNs) by combining customer-specific context with market intelligence, price performance, sourcing options, risk signals, and cost-saving opportunities; serves as the shared intelligence layer between procurement, engineering, and suppliers.
• Spend Intelligence Interactive workspace providing complete visibility into organizational spend, with drill-down capabilities to identify excessive cost increases and savings opportunities, plus configurable dashboards and robust reporting for strategic automation of spend analysis.
• Savings Insights Quantifies and surfaces cost savings opportunities by comparing customer pricing against LevaData's market benchmarks; categorizes savings as internal (vs. customer history) and external (vs. market) to guide renegotiation and dual-sourcing.
• NPI BOM Insights Provides market intelligence during the New Product Introduction (NPI) process, enabling engineering and procurement teams to evaluate BOM cost, supplier performance, and current market dynamics at the part level.
• Location Insights Delivers geographical risk analysis by determining the Country of Origin of parts, quantifying spend impact from potential disruptions, and identifying low-risk alternate supplier locations.
• Part Risk Insights AI-powered risk scoring at the part, manufacturer, and geographical level that prioritizes high-risk or high-opportunity parts, monitors supplier financial health, tracks end-of-life timelines, and surfaces early warning signals.
• Alternate Part Insights Identifies and evaluates form-fit-function alternate parts with lifecycle, financial health, and lead-time signals; enables dual-sourcing and surfaces immediate savings paths through lower-benchmark alternatives.
• Leadtime Insights Provides comprehensive manufacturer lead time visibility, tracking trend evolution, direction, and magnitude; compares reported lead time against factory lead time and proactively surfaces alternative suppliers.
• Supplier Collaboration Supplier communication and collaboration platform supporting RFX, RFQ, and RFI workflows with data sharing, negotiation tracking, and supplier performance evaluation.
• Supplier Scorecard Vendor scorecard solution providing insights into supplier performance, spend opportunities, financial ratings, risk assessments, and global vendor locations for fact-based supplier evaluation.
• Tariff Insights Provides real-time tariff impact analysis, scenario planning for tariff-driven cost modeling, and alternative sourcing recommendations to mitigate tariff-related disruptions down to the part level.
• Data Integrity Procurement data integrity solution ensuring accurate, consistent, and contextualized data across the supply chain via automated data verification, discrepancy detection, and supplier record reconciliation.
• Cost Benchmarking AI-driven cost benchmarking comparing operational spend against industry benchmarks at the MPN-specific level, with continuous AI regression analysis for precise benchmarking and data-backed negotiation leverage.
• BOM Optimization Drives continuous BOM cost optimization while ensuring sourcing resilience; validates BOM costing, prioritizes high-risk and high-opportunity parts, and provides supplier quality metrics with MPN-specific benchmarks.
• Location Impact Location analytics solution providing visibility and control over part location, operational spend, and Country of Origin; quantifies disruption impact and identifies low-risk alternate sourcing locations.
• Supplier Management Suite of supplier management solutions for locating, monitoring, and managing suppliers, relationships, and performance; supports RFX, RFQ, and RFI workflows for fact-based partnership management.
• Tariff Management Upcoming tariff management capability providing real-time tariff impact analysis across supply chains down to the part level, scenario planning for tariff-driven sourcing optimization, and alternative sourcing recommendations.
• Generative Insights Monthly Report Monthly downloadable market intelligence report covering electronic component lead times and part risk trends, powered by 140+ unique data feeds and supported by quarterly webcasts with LevaData executives.

Quantifiable outcome

• Average 1-3% improved margin from cost savings within first two months of deployment
• +4 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature10 records

Partnerships

Six partnerships are on record, tiered core.

• OctopartcoreTechnology or Integration · 25 October 2022Octopart, a search engine for electronic components and industrial products, joined LevaData's ecosystem of data partners in October 2022. The collaboration adds valuable insights including stocking information, price breaks, lead times, and minimum order quantities to help supply chain teams navigate market volatility and inflationary pressures.
• Bain & CompanycoreImplementation/ SI/ Consulting PartnerPart of LevaData's thriving partnership community. Bain & Company collaborates with LevaData to deliver procurement transformation services to enterprise customers.
• KinaxiscoreStrategic or Co-development PartnerPart of LevaData's partnership community. Kinaxis provides supply chain planning solutions and collaborates with LevaData for integrated supply chain optimization.
• IBMcoreStrategic or Co-development PartnerPart of LevaData's partnership community. IBM partnered with LevaData in October 2019 to launch the DirectSpend IQ solution for enhanced supply chain intelligence.
• PTCcoreStrategic or Co-development PartnerPart of LevaData's partnership community. PTC collaborates with LevaData for integrated product lifecycle and supply chain solutions.
• RapidRatingscoreStrategic or Co-development PartnerExpanded partnership announced March 28, 2024. Provides global financial health analytics integrated into LevaData's platform. Joint customers gain immediate access to financial health and ratings of suppliers during vendor evaluation and spend planning processes.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Coupa Software: Cloud-based total spend management platform with sourcing, procurement, and supplier management modules. Now privately held by Thoma Bravo, Coupa competes directly with LevaData in the enterprise procurement software market, particularly for global manufacturing customers.
• Ivalua: Provider of a unified spend management and direct-materials sourcing platform; competes head-to-head with LevaData in strategic sourcing and supplier management for large manufacturers. Notably, LevaData CEO Keith Hartley was previously SVP of Sales at Ivalua, underscoring the direct overlap in product, customers, and GTM motion.
• Jaggaer: Indirect and direct-materials procurement suite covering sourcing, supplier management, and contract lifecycle management. Jaggaer is a direct competitor in the strategic sourcing and supplier intelligence space where LevaData operates.

Broad incumbents

• GEP Worldwide: Unified procurement and supply chain platform paired with managed services. GEP overlaps with LevaData on direct-materials sourcing, spend analytics, and supplier management, but bundles software with consulting and BPO for large enterprises.
• SAP Ariba: Market-leading procurement and supplier network within the SAP ecosystem. Ariba competes broadly with LevaData in sourcing, spend analysis, and supplier risk, though typically as part of a larger ERP-driven deal rather than a standalone sourcing intelligence product.

Emerging players

• Sievo: Spend analytics and procurement intelligence platform focused on cleaning, classifying, and visualizing procurement spend data. Sievo competes with LevaData's Spend Intelligence solution, particularly with large enterprises seeking category-level analytics.
• Keelvar: AI-powered sourcing optimization platform focused on strategic sourcing and category management automation. Keelvar overlaps with LevaData's autonomous sourcing and RFx automation capabilities, particularly for direct materials.
• Arkestro: Predictive procurement platform applying ML to recommend supplier and pricing decisions across direct and indirect spend. Arkestro is an emerging competitor in the AI-driven procurement decision intelligence space where LevaData positions its Large Sourcing Model.
• Tacto: AI-based direct-materials procurement platform for mid-market industrial OEMs, with comparable focus on parts-level intelligence, supplier risk, and automated sourcing decisions in DACH-region manufacturing.
• Resilinc: Supply chain risk intelligence and multi-tier supplier visibility platform. Resilinc overlaps with LevaData's Part Risk Insights, Location Insights, and supplier monitoring capabilities for electronics and manufacturing customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/levadata-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LevaData