Levity raises $8.3m in seed funding to expand its no-code automation platform
The seed round was co-led by Balderton Capital and Chalfen Ventures to support team growth and product development.
≈ £7.5M at $1 = £0.9008 on 12 Oct 2022
Berlin-based company providing a no-code automation platform that combines machine learning with simple building blocks to process unstructured data.
Levity has secured $8.3m in a seed funding round co-led by Balderton Capital and Chalfen Ventures. The Berlin-based enterprise plans to direct the new capital toward expanding its headcount and advancing product development.
Founded by Gero Keil and Thilo Hüllmann, the company offers a no-code platform designed to help organisations automate workflows involving unstructured data types such as text, images, and documents. The system integrates with standard workplace software including Gmail, Google Drive, and Dropbox.
Since launching its platform in August, the firm has processed more than 3.2m predictions across its customer base.
From the founder
"There are swathes of businesses being completely left out and underserved when it comes to AI and automation, as large firms and tech teams continue to build tools that are out of reach of everyday people. Businesses and their customers deserve the same opportunities to reap the benefits of AI and automation as their bigger rivals. With Levity, we’re committed to opening up such opportunities and leveling the playing field for companies of all sizes."
Gero Keil
CEO at Levity
Investor perspective
"There is an increasing divide between companies with the means to capitalize on AI and automation and those smaller businesses who lack the resources to do so. Levity is on a mission to close this divide. By making machine learning more accessible and affordable, businesses of all shapes and sizes can truly benefit from the power that automation brings."
James Wise
Partner, Balderton
Use of funds
- 01Grow the team
- 02Continue product development
