Levers Analysis
What is Levers?
Levers builds software for finance teams managing B2B receivables, collections, reconciliation, and customer payments. Its product set includes automated collection workflows, bank reconciliation, a B2B payment portal, and AI-assisted collection tools such as phone calls and customer risk monitoring. The site claims customers cut manual receivables work by more than 1,000 hours annually and collect payments 30 to 50 percent faster than ERP-only workflows.
Location
Jeddah, Saudi Arabia
Employees
1-10
Founded
2022
Company Stage
Pre-Seed
YC Batch
S22
Product Features & Capabilities
- End-to-end receivables automation, Bank reconciliation, Automated follow-ups, B2B Payments, Invoicing, Integration with finance tech stack
Market Focus
Levers primarily focuses on the B2B (business-to-business) financial services industry, specifically in receivables collection and cash management solutions for finance teams.
Competitors Overview
Levers operates in the B2B receivables collection market and faces competition from several notable companies, including:
-
Invoiced: Known for automating accounts receivable processes, Invoiced offers high customization options tailored for small and mid-sized businesses, making it a strong competitor in terms of flexibility.
-
BILL AP/AR: This platform emphasizes financial automation, providing enhanced efficiency and control over financial operations, which can be a significant advantage for businesses looking to streamline their accounts payable and receivable processes.
-
NetSuite: As a comprehensive cloud ERP solution, NetSuite goes beyond accounting to include inventory management and e-commerce capabilities, appealing to businesses that require an all-in-one solution.
-
QuickBooks Desktop Pro: Renowned for its user-friendly interface and robust accounting features, QuickBooks is a popular choice among small businesses, offering ease of use and strong support.
-
BigTime: This platform specializes in time management and invoicing, providing unique features that cater to service-based businesses, which can differentiate it from Levers.
These competitors each have unique features and advantages that cater to different segments of the market, making them significant players alongside Levers.
Investors
- Shorooq Partners
- STV (Saudi Technology Ventures)
- Y Combinator
See something that needs updating? Suggest edits to this profile.