Leverage

Leverage

AI-driven supply chain management solutions

About Leverage

Simplify's Rating
Why Leverage is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Industrial & Manufacturing

AI & Machine Learning

Company Size

11-50

Company Stage

Early VC

Total Funding

$14.8M

Headquarters

New York City, New York

Founded

2018

Overview

Leverage.ai provides AI-driven solutions to improve supply chain management for businesses such as manufacturers, retailers, and distributors. Their platform offers tools for planning, procurement, inventory management, and shipment tracking, allowing users to create and track purchase orders and collaborate with suppliers in real-time. The AI features notify clients about changes in estimated times of arrival and lead times, helping them address potential issues proactively. Unlike competitors, Leverage.ai focuses on enhancing visibility and efficiency across the entire supply chain lifecycle. The company's goal is to transform supply chain operations by providing comprehensive insights and tools that help businesses navigate challenges and improve customer satisfaction.

📈
Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Leverage.ai raised $7M to accelerate product development for a global customer base.
  • AI-driven predictive analytics in supply chain optimization is gaining traction.
  • The demand for AI-powered demand forecasting tools is increasing.

What critics are saying

  • Increased competition from established providers like SAP and Oracle could threaten market share.
  • Rapid AI advancements could lead to obsolescence if Leverage.ai fails to innovate.
  • Potential data privacy concerns and regulations could impact operations in certain markets.

What makes Leverage unique

  • Leverage.ai offers AI-driven solutions for comprehensive supply chain visibility.
  • The platform provides real-time collaboration and AI-powered notifications for supply chain management.
  • Leverage.ai's subscription model ensures continuous platform improvements and updates for clients.

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Funding

Total Funding

$14.8M

Above

Industry Average

Funded Over

4 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

↑ 27%

1 year growth

↑ 5%

2 year growth

↑ 27%
Leverage AI
Dec 12th, 2023
New Product Update: Shipment Visibility

Tryleverage is excited to announce its new product release: Shipment Visibility.

Finsmes
Jul 16th, 2023
Leverage Raises $7M In Funding

Leverage, a New York-based provider of an end-to-end supply chain visibility platform, raised $7M in funding.The round was led by Chicago Ventures, with participation from Las Olas Venture Capital, Remarkable Ventures, Tensility and Florida Funders.The company intends to use the funds to accelerate product development to support its global customer base.Led by Nadav Ullman, Leverage provides a software platform that combines modern technology and AI to provide its customers with visibility and insights into their supply chains, from supplier status updates to shipment ETAs. Integrations with existing systems allow customers to simplify operations, allowing for real-time status visibility and automating purchase order visibility.In 2022, the company managed over half a billion USD in purchase order spend and saved customers over 50% of their time every week.FinSMEs16/07/2023

Newswire
Jul 14th, 2023
Leverage Raises $7M To Modernize Global Supply Chains With Visibility Platform

Company Employs Simple Integrations and AI to Deliver 12X ROI to Customers . . Leverage, the AI-powered supply chain command and control platform, is on a mission to provide unprecedented visibility to the global $9 trillion logistics industry

Leverage AI
Feb 8th, 2022
Remarkable invested into Tryleverage in $5M on Feb 8th 22'.

Today LVRG is excited to announce that LVRG has raised $5M from world-class investors including Mark Cuban, Las Olas Venture Capital, Remarkable Ventures, Tensility Venture Partners and Great Oaks.

FreightWaves
Feb 8th, 2022
Leverage receives financing of $2M in several funding rounds

New York-based Leverage previously raised $2 million in several funding rounds since the company was founded in 2018 by Ullman and Andrew Stroup.

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