Wise Systems
2014
FOUNDED
PRIVATE
STATUS
1-10
EMPLOYEES
Early Stage VC
LATEST DEAL TYPE
$6.87M
LATEST DEAL AMOUNT
12
INVESTORS
Description
Developer of an automated logistics dispatch and routing software intended to simplify delivery route planning. The company's software uses machine learning to automatically schedule, monitor and adjusts routes in real-time, considering multiple variables and constraints, enabling fleet managers to optimize transportation operations and make deliveries efficient at decreased costs.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Logistics
Primary Office
- 84 Sherman Street
- Cambridge, MA 02140
- United States
+1 (857) 000-0000
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Wise Systems Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Early Stage VC | 06-Dec-2018 | $6.87M | 00.000 | 000.00 | Completed | Generating Revenue |
| 5. Accelerator/Incubator | 11-Jul-2016 | 00.000 | Completed | Generating Revenue | ||
| 4. Accelerator/Incubator | 00.000 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series 1) | 10-Jun-2016 | 00.000 | 00.000 | 00.000 | Completed | Generating Revenue |
| 2. Accelerator/Incubator | 10-Jun-2015 | $118K | $132K | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 08-Sep-2014 | $14.4K | $14.4K | Completed | Generating Revenue |
Wise Systems Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series A3 | 00,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series A2 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series A1 | 4,100,805 | $0.001000 | 8% | $1.34 | $1.34 | 1x | $1.34 | 26.18% |
| Series 1 | 2,275,148 | $0.001000 | 8% | $0.7 | $0.7 | 1x | $0.7 | 14.53% |
Wise Systems Competitors (19)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| LogiNext | Venture Capital-Backed | Fremont, CA | 00 | 000.00 | 00000000000 | 000.00 |
| 00000 000000000 | Venture Capital-Backed | Bengaluru, India | 000 | 000.00 | 00000000000 | 000.00 |
| 00000000 | Venture Capital-Backed | Vancouver, Canada | 0 | 00.000 | 000000 - 000 | 00.000 |
| 0000000 | Venture Capital-Backed | San Francisco, CA | 00 | 00.00 | 000000 - 000 | 00.00 |
| 00000000 | Private Equity-Backed | New York, NY | 00 | 000.00 | 000000000 | 000.00 |
Wise Systems Investors (12)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Gradient Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Neoteny | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Dynamo Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Fontinalis Partners | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Project 11 Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
Wise Systems Executive Team (4)
Wise Systems Board Members (2)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Chazz Sims | Wise Systems | Co-Founder, Board Member & Chief Executive Officer | 000 0000 | |
| Jemel Derbali JD | Wise Systems | Co-Founder & Board Member | 000 0000 |