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 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.