About Savi Technology
Savi Technology is a company based in Alexandria (United States) founded in 1989 was acquired by LaSalle Capital in September 2012. It operates as a SaaS (Software-as-a-Service) and Managed Services. Savi Technology has raised $100.51 million across 6 funding rounds from investors including Lockheed Martin, Accel and United Parcel Service. The company has 1 employees. Savi Technology offers products and services including aRFID-VI and IoT Sensors. Savi Technology operates in a competitive market with competitors including FourKites, Shippeo, ORBCOMM, Roambee and Blume Global, among others.
- Total Equity Funding$100.51M (USD)
in 6 rounds
- Latest Funding Round$7.5M (USD), Series C
Nov 2018
- InvestorsLockheed Martin
& 13 more
- Employee Count1
- Acquired by
Products & Services of Savi Technology
Savi Technology offers a comprehensive portfolio of products and services, including aRFID-VI and IoT Sensors.
Real-time tracking of cargo location and condition provided.
Environmental conditions of shipments are monitored using sensors.
Funding Insights of Savi Technology
Savi Technology has successfully raised a total of $100.51M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $7.5 million completed in November 2018. 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 $100.51M
- Total Rounds 6
- Last Round Series C — $7.5M
- First Round $10.6M
(May 1999)
- Investors Count 12
All 6 funding rounds of Savi Technology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2018 | $7.5M | Series C | – | Eastward Capital Partners | – |
| Nov 2015 | $15.01M | Series C | – | SGS | – |
| May 2001 | $20M | Series C | – | – | |
| May 2000 | $11.7M | Series B | – | United Parcel Service, New Market Partners | – |
| Mar 2000 | $35.7M | Series B | – | Accel, TIBCO | |
| May 1999 | $10.6M | Series A | – | Vector Capital, Temasek | – |
14 investors in total: 14 institutional.
Investors in Savi Technology
Savi Technology has secured backing from 14 investors, including institutional and venture fund investors. Prominent investors backing the company include Lockheed Martin, Accel and United Parcel Service.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Venture capital investments are managed in technology and healthcare sectors by this firm. | – | mdv.com | - | |
An investment platform is provided for diverse sectors and geographies. | 1974 | temasek.com.sg | Singapore, Singapore | |
Investments in technology companies are facilitated through private equity. | 1997 | vectorcapital.com | San Francisco, United States | |
Early-stage investments are provided by TDF Ventures in US companies. | – | tdfventures.com | Chevy Chase, United States | |
Venture debt firm that does debt investment in the US | – | eastwardcp.com | Newton, United States | |
- | – | lasallecapital.com | - | |
Product inspection, testing, and digital transformation services are provided. | 1878 | sgs.com | Geneva, Switzerland | |
- | – | k1ventures.com.sg | - | |
- | – | ida.gov.sg | - |
Investor details for Savi Technology
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Savi Technology
6 people are tracked at Savi Technology (4 in leadership, 2 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Rosemary Johnston | Acting CEO | Leadership |
Gary González | Senior Managing Director | Leadership |
Sean McGuinness | Director | Leadership |
Jordan Kendrick | Director, Professional Services and Support Operations | Leadership |
Steve Cloran | Senior Software Quality Assurance Engineer | Team |
David Sutton | Program Manager | Team |
Complete people profiles for Savi Technology
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Timeline of Savi Technology
5 dated milestones of Savi Technology across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Savi Technology is founded.
- Funding First funding round of $10.6M.
- Exit Acquired by Lockheed Martin.
- Exit Acquired by LaSalle Capital.
- Funding Latest funding round, Series C, of $7.5M.
Competitors of Savi Technology
Savi Technology 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 FourKites, Shippeo, ORBCOMM, Roambee and Blume Global, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fourkites.com | 2014 | Chicago, United States | $243.3M | 301 | AI and web-based visibility solutions for supply chains are developed. | |
| shippeo.com | 2013 | Paris, France | $137.88M | – | SaaS-based road freight transportation management platform for carriers and shippers | |
| orbcomm.com | 1993 | Rochelle Park, United States | $136M | 305 | M2M communication solutions for asset tracking and management are provided. | |
| roambee.com | 2014 | Santa Clara, United States | $26.25M | 92 | AI-enabled solutions for shipment monitoring and tracking are provided. | |
| blumeglobal.com | 1994 | Pleasanton, United States | – | 396 | Cloud-based supply chain visibility solutions are provided for logistics stakeholders. | |
| tive.com | 2012 | – | $114.09M | – | Provider of cloud-based cargo tracking solutions | |
| nexxiot.com | 2015 | Zurich, Switzerland | $74.83M | – | Cargo tracking is enabled through web and IoT technologies. | |
| trustrace.com | 2016 | Coimbatore, India | $30M | 133 | Blockchain-based traceability and sustainability solutions for the fashion industry |
Detailed competitors of Savi Technology
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Savi Technology
The website of Savi Technology (savi.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 21% vs previous month
Websites whose visitors overlap most with Savi Technology. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
en.wikipedia.org | en.wikipedia.org | 100% | – | – | – |
| washingtonpost.com | 96% | 84.1M | #674 | View details | |
| oatsystems.com | 75% | – | – | View details | |
| savithru.com | 69% | – | – | View details |
Latest news on Savi Technology
Complete news archive for Savi Technology
Full article history, source details, and older brand coverage require an active premium plan.
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Similar companies to Savi Technology
10 companies that operate in the same segment as Savi Technology (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
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Frequently Asked Questions about Savi Technology
Savi Technology was founded in 1989 and raised its 1st funding round 10 years after it was founded.
Savi Technology is headquartered in Alexandria, United States.
Savi Technology is a funded company, having raised a total of $100.51M across 6 funding rounds to date. The company's 1st funding round was a Series A of $10.6M, raised on May 1999.
Savi Technology has 1 employees.
Savi Technology is engaged in providing supply chain visibility and security solutions. Operations are supported by IoT sensors and active RFID technology to monitor cargo location, condition, and ETA. The company serves industries such as government, military, and commercial sectors. Solutions are designed to enhance real-time data accuracy, improve performance, lower risks, and provide a competitive advantage. Machine learning and live streaming data are utilized to streamline operations and boost profitability for clients globally.
Savi Technology offers aRFID-VI and IoT Sensors.
Savi Technology has 14 investors. Key investors include Lockheed Martin, Accel, United Parcel Service, SGS, and Vector Capital.
Savi Technology operates through Savi Technology.
Yes. Savi Technology was acquired by LaSalle Capital in September 2012.