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LVRG, operating as Leverage AI, develops an AI-powered platform designed for comprehensive purchase order visibility and supplier performance management. The company’s core offering automates supplier communications and follow-ups, enhancing engagement and providing real-time answers to critical supply chain inquiries. This technical approach allows businesses to move beyond manual tracking, ensuring greater efficiency and reducing operational overhead across complex supplier networks.
The company was established in 2018 with the foundational insight into the pervasive challenge faced by manufacturers: the lack of immediate knowledge regarding order status and location, often summarized as "Where's my stuff?" This led to the creation of a system that digitizes and streamlines supplier interactions, replacing time-consuming manual processes. While specific founder details are not immediately prominent, the company emerged to address a clear market need within industrial supply chains.
Leverage AI primarily serves industrial manufacturers and distributors, enabling them to gain unprecedented clarity into their operational pipelines. The platform helps these clients ensure on-time, in-full, and on-cost deliveries by closing critical supplier visibility gaps. Looking forward, the company's vision is to foster long-term supply chain sustainability by transforming a trillion-dollar industry, empowering businesses with actionable insights and robust supplier relationships for a more resilient future.
LVRG has 1 tracked investment across 1 company. The latest tracked deal is $1.6M Other Equity in Product Fruits in May 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 29, 2024 | Product Fruits | $1.6M Other Equity | — | Lighthouse Ventures, Roman Horacek, Venture TO Future Fund |