Lighthouz AI
AI Agents for AP and AR in Logistics
San Francisco, United States · Founded 2023 · $500K raised
- Headquarters
- San Francisco, California
- Employees
- 1–10
- Founded
- 2023
- Business Model
- B2B
- Website
- lighthouz.ai
- 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.
Tech & App Stack
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Funding History
Sep 2024
Investors
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