LevelPath Founders Scout RFP: The Story Behind the Platform
LevelPath was started in 2022 by Alex Yakubovich and Stan Garber, along with co-founders Bryan Rosenstein and Raimonds Samofals. Yakubovich and Garber are the names that matter most here, because they’re the same pair who built Scout RFP, a sourcing and supplier engagement platform that Workday acquired for roughly $540 million in a deal that closed in early 2020.
Garber and Yakubovich met as students at Case Western Reserve University, and Scout RFP wasn’t even their first exit. Before Scout, the two co-founded ONOSYS, a digital ordering platform for restaurant chains that was acquired by LivingSocial. So by the time they started LevelPath, this was already their second successful company sale, and their third startup overall.
In my experience, founders who’ve already had one big exit in a specific category tend to fall into one of two camps when they come back. Either they chase something completely unrelated because they’re bored of the old space, or they come back because they saw exactly what was still broken. Yakubovich and Garber clearly landed in the second camp. According to reporting on the company, after Scout RFP was folded into Workday, the founders became procurement software customers themselves inside a large enterprise, which is apparently where a lot of the frustration that shaped LevelPath actually came from.
What LevelPath Actually Does
LevelPath is an AI-native procurement platform built to unify the parts of procurement that usually live in separate, disconnected tools. Rather than treating intake, sourcing, contracts, and supplier management as four different systems bolted together, LevelPath positions itself as one connected front door for anyone in a company who needs to buy something or manage a vendor relationship.
The platform breaks down into a few core pieces. Intake handles the front-end request process, routing procurement requests to the right stakeholders and automating approvals so employees aren’t stuck chasing sign-offs over email. Sourcing is the part most directly tied to the founders’ Scout RFP roots, running RFPs and supplier bids with AI tools that can analyze proposals and help draft sourcing events quickly rather than building them from a blank template every time. Contracts uses AI to review unstructured contract data and flag renewals, risks, and potential savings that would otherwise get missed in a filing cabinet of PDFs. And Procurement AI Agents, the newest and most ambitious piece, are built to handle repetitive procurement tasks autonomously rather than just assisting a human through them.
What tends to surprise people looking at this space for the first time is how much of procurement software historically ignored the actual employee experience. Most legacy tools were built for the procurement department, not for the marketing manager who just needs to buy a subscription tool and has no idea what an RFP even is. LevelPath’s mobile-first, consumer-style design is a direct response to that gap, and it’s a genuinely different design philosophy than what companies like SAP Ariba or Coupa were built around a decade or more ago.
Funding and Growth So Far
LevelPath’s funding history moved fast, which isn’t surprising given the founders’ track record made them an easy pitch for investors. The company raised $44.5 million in combined seed and Series A funding, with a $14.5 million seed round led by Benchmark and a $30 million Series A led by Redpoint Ventures. Other backers in that round included NewView Capital, World Innovation Lab, and Menlo Ventures.
The company has since raised more, with total funding reaching roughly $100 million after a Series B round of more than $55 million led by Battery Ventures in June 2025. That’s a substantial war chest for a company that’s only a few years old, and it reflects investor confidence that the founders can repeat what they did with Scout RFP, just at a larger scale and with AI baked into the core product rather than bolted on later.
Is LevelPath Worth Looking At for Your Team
If your company is still running procurement through spreadsheets, email chains, and a patchwork of point solutions, LevelPath is worth a serious look, particularly if the employees actually submitting requests have been complaining about how clunky the process feels. The founder pedigree here isn’t just a nice backstory. It means the product was built by people who’ve already sold procurement software to enterprise buyers once and know exactly what those buyers complain about after the contract is signed.
That said, LevelPath is still a relatively young platform compared to entrenched players like SAP Ariba, Coupa, or Ivalua, all of which have decades of enterprise deployments and far larger partner ecosystems behind them. One thing worth flagging: if your organization needs extremely deep, specialized integrations with a legacy ERP system that’s been customized for years, an established incumbent might still be the safer bet, at least for now. LevelPath’s pricing isn’t publicly listed, which is standard for enterprise procurement software, so getting an accurate cost comparison means requesting a demo directly rather than assuming based on competitor pricing pages.
Smaller and mid-market companies without heavy legacy infrastructure tend to be the sweet spot here. If you’re building your procurement stack mostly from scratch or replacing something outdated, LevelPath’s unified approach avoids the stitched-together feeling that comes from combining separate intake, sourcing, and contract tools from different vendors.
