Levitate: Relationship-Based Management Company Raises $15 Million (Series D)

By Amit Chowdhry • Aug 11, 2024

Levitate – a SaaS ‘Happiness Platform’ for relationship-based businesses – announced the successful completion of its Series D funding round at $15 million. This funding round was led by Harbert Growth Partners, Northwestern Mutual Future Ventures and Bull City Venture Partners. And this funding round brings Levitate’s total raised capital to $55 million.

The company also revealed 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 platform.

KEY QUOTES:

“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. 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.”

  • Jesse Lipson, Founder and CEO of Levitate

“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. That’s the power of Levitate’s platform. It can expand advisors’ reach while deepening relationships with the clients they proudly serve.”

  • Craig Schedler, Managing Director – Northwestern Mutual Future Ventures

“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. 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.”

  • Wayne Hunter, Managing Partner at Harbert Growth Partners