Wise Systems

United States
Primghar, Iowa, United States, 02140

Company profile

Wise Systems company profile

Wise Systems builds autonomous dispatch and routing software that uses machine learning to continuously improve fleet efficiency and customer service across last-mile operations in food, beverage, courier, energy, field service, and other markets. Used by some of the world’s largest brands, Wise Systems customers typically see 10-15% mileage reductions, significant increases in fleet utilization, and up to 80% decreases in late deliveries. The Wise Systems platform applies software-based logic to all orders and makes intelligent, data-driven decisions to optimize both fleet performance and customer service — processing millions of data points and making thousands of real-time decisions that would be impossible for even the most experienced human dispatcher. The system automatically schedules routes, monitors routes in progress, and intelligently adjusts to day-of delays on the ground. The company was founded out of the MIT Media Lab and Center for Transportation Logistics in 2014 and is headquartered in Boston, Massachusetts.

Business identity

Contact email
[email protected]
Phone number
(857) 327-5802
Operating status
Active
Company type
For Profit
Employee range
51-100 employees
Revenue range
$0+
Founded
2014-01-01, Year

Headquarters

Postal code
02140
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding stage
Late Stage Venture
Funding rounds
8
Total equity funding
$73.1M
Last funding
Series C / $50M / 2021-10-06
Last equity funding
Series C / $50M
Investors
18
Lead investors
5
Founders
4
Articles
18

Founders and investors

Founders

Ali KamilChazz SimsJemel DerbaliLayla Shaikley

Lead investors

DynamoGradientSAP.iOTechstarsValo Ventures

Investors

E14 FundRight Side Capital ManagementS32TechstarsTrucks Venture Capital