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Wise Systems Raises $50 Million In Series C Financing To Accelerate Global Adoption Of Autonomous Last-Mile Delivery Solutions

Oct 06, 2021•almost 4 years ago

Amount Raised

$50 Million

Round Type

series c

Cambridge

Description

Wise Systems (www.wisesystems.com), the leading AI-driven routing and dispatching platform provider, today announced it has raised $50 million in Series C financing led by Tiger Global Management with participation from new and existing investors that include Section 32, Valo Ventures, Gradient Ventures, and Prologis Ventures.

Company Information

Company

Wise Systems

Location

Cambridge, Maryland, United States

About

Trusted by the world's largest brands, Wise Systems provides AI-driven dispatch and routing software that enables the perfect delivery experience. For last-mile operations that want to compete successfully in a dynamic world, the Wise Systems platform continuously improves fleet efficiency, performance, and customer service and reduces fleet mileage, carbon footprint and late deliveries. Wise Systems is headquartered in Cambridge, MA. For more information, visit www.wisesystems.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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