Levanta, a leading affiliate marketing platform for Amazon sellers, announced it raised a $20 million Series A funding round led by Volition Capital. This funding will enable Levanta to expand its platform capabilities, accelerate growth, and cement its position as a leading creator-driven commerce platform for Amazon sellers.
With this new funding round, Levanta will scale its business development team to support the growing demand from Amazon sellers, brands, and creators. And the company will also invest heavily in product development to enhance user experience and drive even more revenue-generating partnerships between sellers and creators. Levanta’s goal is to create a seamless high-impact marketplace ecosystem that powers growth for brands while meeting the needs of creators and publishers.
Levanta’s platform positions marketplace sellers to capture this growth by enabling direct partnerships with creators, one of the most trusted and high-impact channels for consumers today. And this shift towards creator-driven commerce reflects changing consumer behaviors, with many consumers making purchases based on influencer posts.
Launched in 2023, Levanta has quickly gained traction as a trusted partner for Amazon sellers. And with thousands of vetted creators and publishers,
Levanta’s platform is projected to generate $286 million in annualized gross merchandise value (GMV) for its sellers, based on a recent 30-day performance. Trusted by top-tier Amazon brands like HexClad, Kitsch, MaryRuth, Caraway and MANSCAPED, Levanta has proven to deliver significant returns, especially during peak sales events like Amazon Prime Day. Levanta is expanding rapidly, already supporting five major Amazon markets—U.S., U.K., Canada, France, and Germany—and with plans to launch in Spain and Italy in early 2025.
Levanta’s founding team has extensive experience in the affiliate marketing and technology sectors. And co-founders Ian Brodie (CEO), Rob Schab (Chief Marketplace Officer), and Spencer McKenney (Chief Technology Officer) previously launched and scaled Grovia, an affiliate recruitment software and service provider. In May 2022, Grovia was acquired by Acceleration Partners, a global leader in affiliate marketing. Building on this success, they started Levanta in March 2023, transforming the retail media space by enabling Amazon sellers to increase sales through high-impact, direct affiliate partnerships and unlocking the full potential of this powerful marketing channel.
Levanta will use the funding to:
1.) Expand Levanta’s business development team to support brands and creators, enabling deeper engagement across diverse verticals and strengthening the platform’s market presence.
2.) Invest in product development to elevate the seller and creator experience, enhance platform functionality, and create an even more dynamic, revenue-generating marketplace.
3.) Solidify Levanta’s role as the top platform for Amazon sellers, meeting the growing demand from retail brands expanding onto Amazon.
KEY QUOTES:
“Levanta is perfectly positioned to capitalize on the massive growth opportunity in the affiliate marketing and creator-driven commerce space. The platform’s strong traction with Amazon sellers, its innovative approach, and its ability to deliver results for brands make it a game-changer in the e-commerce ecosystem. We’re excited to partner with Levanta’s talented team as they accelerate their growth and further expand their platform capabilities.”
– Larry Cheng, Managing Partner at Volition Capital
“This funding is a pivotal moment for Levanta. With the support of Volition Capital, we’re primed to take our platform to the next level and offer even more value to marketplace sellers and creators. The affiliate marketing landscape is evolving rapidly, and we are committed to driving innovation and providing an ecosystem where brands, creators and influencers can collaborate in meaningful ways to grow their businesses and reach new audiences.”
– Ian Brodie, Co-Founder and CEO of Levanta
