Leverage AI is carving out a niche in the industrial manufacturing sector with their cutting-edge AI solutions for purchase order visibility and supplier performance management. Building on their slogan—"AI-powered purchase order visibility and supplier performance management for industrial manufacturers", the company answers a pivotal question for manufacturers: "Where's my Stuff?"
Founded in 2018, the US-based startup is tackling traditional supply chain inefficiencies by eliminating the need for manual communication with suppliers and logistics partners. Instead, Leverage AI provides real-time insights through their AI-driven platform, contributing significantly to productivity and operational efficiencies in industries spanning AI, Data Analytics, IT, and Supply Chain.
Recently, they secured a $3.00M Series A investment on 14 July 2023, with backing from notable investors such as Florida Funders, Chicago Ventures, Great Oaks, Tensility Venture Partners, Las Olas Venture Capital, Remarkable Ventures, and even tech mogul Mark Cuban. This financial support underscores significant confidence in their growth trajectory and potential to disrupt conventional supply chain processes.