The round was led 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. The Series D brings Levitate’s total capital raised to $55 million.
Levitate, founded in 2017, goes beyond the traditional SaaS product by integrating multiple communication tools into a single platform. Levitate allows businesses to manage emails, texts, social media interactions, and even direct mail, ensuring synchronised engagement across various channels. The company recently launched features that further expand these capabilities, including website design, Google Review management, and blog content creation, powered by an AI assistant.
The funds raised will be used to expand the reach of Levitate’s product, aiming to incorporate thousands of additional businesses into its network. These funds will also be used to develop new features that will enrich the client 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.”
