💰The Funding Letter #1704: July 1

Cato Networks, Levelpath, Campfire, and more...

July 01, 2025

Good Morning! This exclusive edition of The Funding Letter comes to you from our headquarters in New York City. 🔥New Sales Gigs from Harvey and Paraform below!

Hit the Gong 🎉

Source: @overheard_sales

Daily Deals 💸

🌎 Americas

Levelpath operates an AI-powered procurement platform to unify workflows, sourcing, data, employees, suppliers, and devices to enhance productivity and collaboration across enterprises, enabling businesses to make procurement delightful to work efficiently. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $55M, Series B

Round Investors: Battery Ventures (lead), Benchmark, 01 Advisors, NewView Capital

🚀Growth Focus: Accelerate product development, scale its go-to-market team, and deepen ecosystem partnerships.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 86 (⚡41% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring (remote roles!)

Campfire has developed a revenue management software to automate revenue recognition and reporting for accounting and finance teams, allowing accounting and finance teams to focus on impactful work instead of performing manual tasks in spreadsheets. View on: LinkedIn.com | Sales Navigator.

New Funding Raised: $35M, Series A

Round Investors: Accel (lead), Alex Estevez, Y Combinator, Sowmya Ranganathan

🚀Growth Focus: Accelerate product development, invest in GenAI, and expand reach to serve companies globally.

HQ: San Francisco, CA

Industry: Software Development

Employee Count: 19 (⚡36% increase in last 6 months)

🔥Open Sales Gigs: Currently Hiring

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