The latest sign of influencer commerce heating up: Levanta just raised $22 million
Creator commerce platform Levanta has raised $22 million in a Series B funding round to expand its affiliate marketing services. The company connects retail sellers with influencers to drive sales across platforms like Amazon, Walmart, and Shopify.
Why it matters
As influencer marketing becomes a $200 billion industry, platforms that automate and scale these partnerships are becoming critical infrastructure for e-commerce.
Levanta cofounders Ian Brodie, Rob Schab, and Spencer McKenney. Sydne Brodie. Creator commerce platform Levanta has raised a $22 million Series B round. The company aims to expand into more retail networks beyond Amazon, Walmart, and Shopify. Competition is heating up in affiliate marketing, which is expected to drive over $200 billion in US sales this year. Influencers are great at getting people to buy stuff. Social-commerce startup Levanta wants to tap into that power of persuasion to boost sales for merchants on Amazon, Walmart, Shopify, and other retail sites. The company closed a $22 million Series B round this week as it looks to expand its business beyond its three main partners and grow in international markets, Business Insider can exclusively reveal.
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