Levitate's Series D funding round was led by Harbert Growth
Partners, Northwestern Mutual Future Ventures and Bull City Venture
Partners.
RALEIGH,
N.C., Aug. 8, 2024 /PRNewswire/
-- Levitate, the SaaS 'Happiness Platform' for
relationship-based businesses, today announced the successful
completion of its Series D fundraising round, raising $15 million. The company also announced the
general availability of a suite of tools for helping businesses
manage their online presence. Newly launched features include
website design, Google Review management, and blog content
creation, all powered by Levitate's AI Assistant.
"We're thrilled to welcome two new investors to the Levitate
team as part of our Series D fundraising round: Northwestern Mutual
Future Ventures and Harbert Management Corporation. This investment
will allow us to bring the Levitate platform to thousands of
additional relationship-based businesses, and to build innovative
new features for our customers like the ones we announced today,"
said Jesse Lipson, Founder and CEO
of Levitate. "With the launch of our online presence tools,
Levitate's 6,000+ customers can stay top-of-mind seamlessly and
consistently across every channel: email, text, social media, and
on the web."
Levitate's financing round was led by Harbert Growth
Partners, Northwestern Mutual Future Ventures and Bull
City Venture Partners. This funding round brings Levitate's total
raised capital to $55 million.
"Communicating authentically at scale is a massive opportunity
for the financial services industry – one that can unlock greater
engagement between clients and their financial advisors," said
Craig Schedler, Managing Director –
Northwestern Mutual Future Ventures. "That's the power of
Levitate's platform. It can expand advisors' reach while deepening
relationships with the clients they proudly serve."
"Harbert Growth Partners seeks to invest in experienced
management teams who are building solutions for large and growing
addressable markets. The Levitate team has deep experience serving
relationship-based businesses at scale," said Wayne Hunter, Managing Partner at Harbert Growth
Partners. "They have thousands of happy customers in the Financial
Services, Legal, and Non-Profit sectors, and we see tremendous
potential for their product in several other verticals."
About Levitate
Founded in 2017, Levitate is more than just a software platform
– it's a catalyst for building authentic relationships. Levitate's
Happiness Platform equips relationship-based businesses with the
tools and coaching to cultivate meaningful interactions with
clients, donors, referral sources, and prospects. Levitate allows
customers to send tailored emails at scale, post to social media,
keep in touch with clients via text, send surveys & event
invitations, generate & manage reviews, schedule meetings, send
handwritten cards, remember key facts about their contacts, manage
their website and blog, and more. For more information about
Levitate, visit levitate.ai.
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SOURCE Levitate