Levitate, a startup started by ShareFile founder, raises additional $8M in funding to help small, relationship-based businesses grow
Levitate, a Raleigh, North Carolina-based tech startup that helps relationship-based businesses keep in touch with clients and prospects, announced today it has added $8 million in additional funding to its Series B round, bringing total fundraising to $20 million.
The new funding 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 will use the new capital infusion to invest in further improving the product and building awareness of Levitate in the market. In 2010, Levitate quadrupled its revenue in 2020 and now has more than 2,000 business customers.
Levitate was started in 2017 started by former ShareFile founder Jesse Lipson. Levitate is a marketing software platform designed to help small businesses grow through the lost art of keeping in touch.
Since its inception in 2017, Levitate 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
Unlike emails sent with mass blast providers, Levitate emails pass through your everyday email server (like Outlook and Gmail) and deliver as personal, one-to-one messages in recipient inboxes.
“Our mission as a company is to help small, relationship-based businesses grow,” said Jesse Lipson, Founder and CEO of Levitate. “With the global pandemic impacting many small businesses across the country, our clients have been relying on Levitate more than ever to help them stay top of mind with clients, prospects, and referral sources in a personal and authentic way.”
Levitate offers a unique solution for business owners frustrated by the ineffectiveness of mass blast emailing and other impersonal, cold outreach tools. The platform combines AI-powered software with dedicated marketing coaches to help clients keep in touch with their networks in a more personal way.
“We are excited about this investment to support Levitate as it enters into its next phase of significant growth,” said Jason Caplain, general partner at Bull City Venture Partners. “We continue to be impressed with Jesse and the team and believe they are well-positioned to pioneer the keep-in-touch marketing space in the years ahead.”