Lighthouz AI

AI Agents for AP and AR in Logistics

San Francisco, United States · Founded 2023 · $500K raised

Employees
1–10
Founded
2023
Business Model
B2B
Total Funding
$500K
Last Round
$500K SeedSep 2024
Rounds
1

About

Lighthouz AI's AI agents solve the biggest problems in logistics - AR and AP! 3PLs, brokers, factors, and carriers lose billions every year to slow invoicing, manual invoice audits, and billing disputes. Manual AP & AR processes create errors, disputes, cash flow bottlenecks, late fees —hurting everyone in the logistics supply chain. 🚛 The Problem: - Factors: Auditing and verifying carrier invoices, timely invoicing - 3PLs & Brokers: Verifying carrier invoices, creating own invoices, and handling disputes and chargebacks. - Carriers: Timely invoicing, Submitting correct and complete paperwork, Dealing with late payments, incorrect deductions, and manual paperwork. - Shippers: Struggling with invoice error identification and resolution, delaying payments. 📉 The Impact: The U.S. freight industry processes over $1.2 trillion in transactions annually, yet 25% of freight invoices contain errors, leading to payment disputes and delays. 🔹 Our Solution is an AI agent that automates invoice audits, rate verifications, invoicing, and collections in the logistics industry. With Lighthouz AI agents, businesses 10x their AR and AP processes.

Summary

Lighthouz AI is an AI Assistant company based in San Francisco, United States, founded in 2023. It has raised $500K in total across 1 round, most recently a $500K Seed round in Sep 2024. Investors include Y Combinator Continuity Fund.

Tech & App Stack

1 technologies & apps tracked

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Funding History

SeedSeed RoundSep 2024
$500K

Investors

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