Leverage provides an end-to-end supply chain visibility platform that combines modern technology and AI to deliver visibility and insights across supplier status updates and shipment ETAs. The platform integrates with customers' existing systems to simplify operations, provide real-time status visibility, and automate purchase order visibility. Led by Nadav Ullman, the company emphasizes operational efficiency and integration. In 2022 Leverage managed over half a billion USD in purchase order spend and reported saving customers more than 50% of their time each week. The company intends to use the new funding to accelerate product development and better support its global customer base. Leverage (LVRG, Inc.) is a New York-based, AI-driven supply chain visibility platform that delivers automated end-to-end visibility into purchase orders and shipments through a single centralized dashboard. The platform shows real-time PO status including supplier-side shipment updates, supports demand planning, automates requests for quotes, and sends notifications for disruptions. Founders Nadav Ullman and Andrew Stroup started the business after decades solving supply chain issues for organizations including the White House, General Motors, and Bank of America. The company says it will use the newly raised funds to rapidly expand its software engineering and customer support teams to meet growing demand. Leverage positions itself to build long-term supply chain sustainability by providing visibility across planning, bill of materials, purchase orders, shipments, and inventory.

Total raised

$12M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2023