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Venture Capital News: Levitate Adds $8M to Series B Round

2021-02-25
RALEIGH, NC, Levitate has added $8 million of funding to their Series B round, bringing total fundraising to $20 million.
Levitate, the keep-in-touch marketing platform started by former ShareFile founder Jesse Lipson, quadrupled its revenue in 2020 and now has more than 2,000 business customers. Additionally, the company added $8M of funding to their Series B round, bringing total fundraising to $20M.

The company's $8M financing comes from its existing investors (Tippet Venture Partners, Peter Gassner, and Bull City Venture Partners) along with Lipson, who participated in this round personally.

Levitate is a marketing software platform designed to help small businesses grow through the lost art of keeping in touch. Since their 2017 start, Levitate's Raleigh, North Carolina-based team has brought a pioneering approach to scaling personal email and driving revenue to small business clients across the financial, real estate, insurance, and legal markets. For more information, visit www.levitate.ai
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