Wise Systems provides a real-time, automated routing and autonomous dispatch platform that schedules routes, monitors progress, and adjusts to day-of disruptions using machine learning to improve fleet efficiency and service. The company targets last-mile delivery and service operations and reports customer outcomes including up to 15% fewer miles, an 80% reduction in late deliveries, and 20% increases in fleet utilization. Wise has seen strong growth, expanding 300% year-over-year over the past two years and winning deployments at large enterprises such as Anheuser-Busch and Lyft. This year the platform became available in the SAP App Store and Wise launched in Japan, supported by a partnership with Mitsubishi Fuso Truck and Bus Corporation under Daimler Trucks Asia. The company plans to use new financing to accelerate product development and expand into additional geographies to meet rising global demand for its dispatching and routing solutions. Wise Systems provides a real-time, fully automated routing and dispatching platform that schedules routes, monitors routes in progress, and intelligently adjusts to day-of delays. The platform uses machine learning to continuously improve fleet efficiency, performance, and service for customers across food, beverage, parcel, courier, and field-service industries. Customers include multi-billion dollar enterprises such as Anheuser-Busch and Lyft, as well as other market leaders in distribution and delivery. The company emphasizes optimizing outcomes for drivers, dispatchers, and delivery recipients while reducing mileage and idle time. Wise Systems recently raised financing to support growth and the transition of last-mile logistics from static to dynamic operations. The company plans to accelerate R&D in machine learning, expand its partner network, and scale sales and operations to further develop autonomous decision-making capabilities. Wise Systems builds autonomous dispatch and routing software that uses machine learning, real-time traffic, machine-learned service times, route-specific intelligence, and driver input to improve fleet efficiency and on-time delivery. The platform automatically schedules routes, monitors routes in progress, and intelligently adjusts to day-of delays. Wise powers transportation operations in over 50 locations and across thousands of drivers nationwide, serving customers from multi-billion-dollar enterprises like Anheuser-Busch to regional operators. With the new capital, the company plans to scale operations, accelerate R&D on next-generation AI-powered delivery management technologies, and extend market reach. The company raised $7 million in a Series A, bringing total funding to $8.5 million. Founded in 2014 by MIT and Harvard graduates and based in Cambridge, Mass., Wise positions itself to reshape delivery in the $10 trillion logistics and transportation industry.

Total raised

$72M

Funding rounds

3

Latest round

Series C

Latest activity

Oct 2021