Levitate, the innovative Happiness Platform, has successfully completed a $15m Series D fundraising round.
The round was spearheaded by Harbert Growth Partners, Northwestern Mutual Future Ventures, and Bull City Venture Partners, marking a significant endorsement of Levitate’s potential to reshape market interactions. This latest investment boosts Levitate’s total capital to $55m.
Founded in 2017, Levitate goes beyond traditional SaaS offerings by integrating various communication tools into a single platform. It allows businesses to manage emails, texts, social media interactions, and even direct mail, ensuring continuous engagement across multiple channels. The newly launched features further expand these capabilities, including website design, Google Review management, and blog content creation, all powered by an AI Assistant.
The new funds will be channeled into broadening the reach of Levitate’s platform, aiming to incorporate thousands of additional businesses into its network. Furthermore, these funds will help in developing new features that promise to enrich user experience and interaction quality.
Craig Schedler, Managing Director at Northwestern Mutual Future Ventures, said, “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.”
Wayne Hunter, Managing Partner at Harbert Growth Partners, said, “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.”
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