We’re thrilled to announce that we have raised $7M in additional capital. The round was led by Chicago Ventures, with participation from Mark Cuban, Las Olas Venture Capital, Remarkable Ventures, Tensility Venture Partners and Great Oaks.
The additional capital from world-class investors is a testament to the rapid progress that the Leverage team has made over the past year, and the unprecedented visibility that we are providing to manufacturers across the globe.
Leverage provides enterprise software to supply chain teams around the world to ensure orders arrive on-time, in-full, and at-cost, every day, transforming the global supply chain as we know it today. Our technology automates the previously highly manual process of processing purchase order statuses from suppliers, while providing real-time visibility into the lead times and cost changes for the products they order. Supply chain teams can now finally answer the fundamental question, “Where’s my stuff?”
"Global manufacturers are faced with increasingly dynamic supply chains which legacy toolkits are ill-equipped to manage. Leverage fills this gap, giving customers the speed, flexibility and intelligence they need to run efficient operations. We're delighted to help the team extend their efforts." - Chicago Ventures Partner, Peter Christman
This additional capital will supercharge our product growth to keep up with the growing demand for the platform and ultimately move us closer to accomplishing our mission to bring long-term sustainability to the global supply chain through end-to-end visibility into purchase orders and shipments.
Read the full press release here to learn more about this announcement.
