About Maven Machines
Maven Machines is a company based in Pittsburgh (United States) founded in 2014.. Maven Machines has raised $14.85 million across 6 funding rounds from investors including Hearst, Allos Ventures and Riverfront Ventures. Maven Machines offers products and services including Route Planning, Dispatch, Fleet, ELD, and Workflow. Maven Machines operates in a competitive market with competitors including Samsara, Wright Express, Radius, Platform Science and Omnitracs, among others.
- Headquarter Pittsburgh, United States
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Sectors
Transportation, Automotive & LogisticsTechnology
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Email
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Phone
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Website
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Social
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- Legal Name Maven Machines
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$14.85 M (USD)
in 6 rounds
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Latest Funding Round
$5.17 M (USD), Series A
Jan 14, 2022
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Investors
Hearst
& 3 more
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Employee Count
Employee Count
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Products & Services of Maven Machines
Maven Machines offers a comprehensive portfolio of products and services, including Route Planning, Dispatch, Fleet, ELD, and Workflow. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Optimizes trucking routes to reduce costs and improve efficiency.
Manages truck dispatching for timely and efficient operations.
Tracks assets in real time to enhance safety and utilization.
Ensures regulatory compliance for electronic logging devices.
Streamlines driver tasks and messaging for better productivity.
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Funding Insights of Maven Machines
Maven Machines has successfully raised a total of $14.85M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $5.17 million completed in January 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series A — $5.2M
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First Round
First Round
(11 Feb 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2022 | Amount | Series A - Maven Machines | Valuation |
investors |
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| Dec, 2019 | Amount | Series A - Maven Machines | Valuation | Allos Ventures | |
| Jan, 2019 | Amount | Seed - Maven Machines | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Maven Machines
Maven Machines has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Hearst, Allos Ventures and Riverfront Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is provided to high-potential tech companies in the Midwest.
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Founded Year | Domain | Location | |
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Early-stage venture capital funding is provided by Riverfront Ventures.
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Founded Year | Domain | Location | |
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Tech focused early-stage micro VC firm investing in the US
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Maven Machines
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Maven Machines
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Maven Machines Comparisons
Competitors of Maven Machines
Maven Machines operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Samsara, Wright Express, Radius, Platform Science and Omnitracs, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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| domain | founded_year | HQ Location |
Employee benefit administration and payment solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Predictive marketing and sales platform
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| domain | founded_year | HQ Location |
Provider of integrated solutions for fleet management
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| domain | founded_year | HQ Location |
Cloud-based fleet management solutions are provided for transportation operations.
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| domain | founded_year | HQ Location |
Fleet management and payment processing solutions are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Maven Machines
Frequently Asked Questions about Maven Machines
When was Maven Machines founded?
Maven Machines was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Where is Maven Machines located?
Maven Machines is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Is Maven Machines a funded company?
Maven Machines is a funded company, having raised a total of $14.85M across 6 funding rounds to date. The company's 1st funding round was a Seed of $1.37M, raised on Feb 11, 2016.
What does Maven Machines do?
Maven is the premier operating system of the transportation industry. By utilizing machine learningAI and data analytics, Maven provides fleets with real-time, automated dispatch, driver workflows, and 1-click route planning and optimization. Mavens mission-critical enterprise software and mobile apps function as a unified system that is cloud-based and designed to fulfill a companys unique and specific needs. Its suite of products includes Maven Dispatch, Maven Inbound, Maven Workflow, Maven Fleet, and Maven ELD, all of which increase productivity, safety, and profitability. Maven partners with transportation companies to enable them to move into the future with products that produce measurable results. Maven works with notable companies such as GLS Canada, Daylight Transport, and Modern Transportation.
Who are the top competitors of Maven Machines?
Maven Machines's top competitors include Samsara, Wright Express and Radius.
What products or services does Maven Machines offer?
Maven Machines offers Route Planning, Dispatch, Fleet, ELD, and Workflow.
Who are Maven Machines's investors?
Maven Machines has 4 investors. Key investors include Hearst, Allos Ventures, Riverfront Ventures, and Great Oaks Venture Capital.
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