Wise Systems

About:

Wise Systems' autonomous dispatch and routing software uses AI to improve fleet efficiency and customer service for last-mile operations.

Website: http://www.wisesystems.com

Twitter/X: gowisesystems

Top Investors: Techstars, Gradient, Dynamo, Fontinalis Partners, Section 32

Description:

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.

Total Funding Amount:

$73.1M

Estimated Revenue Range:

Less than $1M

Headquarters Location:

Cambridge, Massachusetts, United States

Founded Date:

2014-01-01

Contact Email:

info(AT)wisesystems.com

Founders:

Ali Kamil, Chazz Sims, Jemel Derbali, Layla Shaikley

Number of Employees:

101-250

Last Funding Date:

2021-10-06

IPO Status:

Private

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