Las Olas Venture Capital Announces Investment in Leverage.ai to Modernize Global Supply Chains

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FORT LAUDERDALE, Florida., February 10, 2022 /PRNewswire/ — Las OIas Venture Capital (“LOVC”) (lasolasvc.com) announces its third Fund II investment in Leverage.ai.

Leveragea supply chain and logistics technology company based in New York, NY, offers an AI-powered supplier relationship management platform that streamlines communication, collaboration, reporting, insights, and more into a single cloud platform. By automating and consolidating critical functions within supply chain management, the Leverage platform enables companies to maximize efficiency and profitability.

Co-founders Andrew Strup and Nadav Ullman have previously worked together on the N95 project, where they realized that no platform existed to manage supply chain visibility and answer the simple question “Where is my stuff?” Instead, supply chain teams use manual and fragmented workflows, such as spreadsheets, phone calls, and emails, to manage their purchase orders and supplier communication. . Not only does this cause poor organizational visibility, but it also creates out-of-stock issues, scaling challenges, and increased overhead. Leverage solves these inefficiencies by integrating all this information into a centralized, AI-powered cloud platform that gives businesses a complete picture of their supply chain.

This investment will allow Leverage to accelerate product development and expand its team in engineering, marketing and sales. “We are extremely excited to partner with the entire Leverage team. We believe their platform provides an end-to-end solution that will transform an industry in dire need of technological disruption,” said Marc Volchek, Founding Partner of LOVC. Learn more about investing here and on our Blog.

On Leverage:
Leverage provides an enterprise software platform to supply chain teams around the world to enable unprecedented visibility. Leverage fully automates this process for businesses and seamlessly answers the fundamental question “Where is my stuff?”

On Venture Capital Las Olas

LOVC is an early-stage primary investment venture capital firm. We generally invest up to $2 million in B2B software vendors’ seed cycles, then work closely with founders to take them to the next level. We believe that a new generation of B2B companies is emerging from places largely overlooked by traditional venture capital, and that this is a global phenomenon driven by the massive digitization of industries. We aim to be the partner of choice for these founders.

Note: This is not an offer to sell or a solicitation of an offer to buy securities. Please contact the manager for more information.

Contact details:
[email protected]
(954) 667-7159

SOURCELas Olas Venture Capital

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