About Wire
Wire is a company based in Tel Aviv-yafo (Israel) founded in 2006 by Uri Artzi was acquired by Otodata in December 2021.. Wire offers products and services including Tank Monitors. Wire operates in a competitive market with competitors including PDI Technologies, Titan Cloud Software, EdgePetrol, FuelCloud and Wisdom Youke Network Technology, among others.
- Headquarter Tel Aviv-yafo, Israel
- Founders Uri Artzi
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$55.91 K (USD), Grant
Aug 31, 2015
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Investors
European Union
& 2 more
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Employee Count
Employee Count
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Acquired by
Otodata
(Dec 14, 2021)
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Products & Services of Wire
Wire offers a comprehensive portfolio of products and services, including Tank Monitors. 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.
Platform for remote tank monitoring and data management services.
Funding Insights of Wire
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $55,905
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First Round
First Round
(01 May 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2015 | Amount | Grant - Wire | Valuation |
investors |
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| May, 2015 | Amount | Grant - Wire | Valuation |
investors |
| 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 Wire
Wire has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, EIC Fund and Otodata. 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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Government agency and accelerator focusing on innovative startups and SMEs
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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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 Wire
| 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 - Wire
| 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 |
Wire Comparisons
Competitors of Wire
Wire 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 PDI Technologies, Titan Cloud Software, EdgePetrol, FuelCloud and Wisdom Youke Network Technology, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Analytics software solutions are provided to brands and retailers.
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| domain | founded_year | HQ Location |
Provider of cloud and IoT-based software solutions for the downstream oil & gas industry
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| domain | founded_year | HQ Location |
Fuel station data management software is developed and integrated.
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| domain | founded_year | HQ Location |
Cloud-based system for automated fuel tracking, reporting, and real-time insights.
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| domain | founded_year | HQ Location |
Provider of solutions for fuel station management
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| domain | founded_year | HQ Location |
Fuel supply chain management platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Wire
When was Wire founded?
Wire was founded in 2006 and raised its 1st funding round 9 years after it was founded.
Where is Wire located?
Wire is headquartered in Tel Aviv-yafo, Israel. It is registered at Tel Aviv-yafo, Tel Aviv District, Israel.
Who is the current CEO of Wire?
Uri Artzi is the current CEO of Wire. They have also founded this company.
What does Wire do?
WAC was founded in 2006 in Tel Aviv-Yafo, Israel, and operates in the fuel management sector. AI and cloud-based solutions for fuel stations are developed and offered, including Jupiter Cylinder as an Android-based POS device, Jupiter Prob as an IoT tank monitoring unit, and Jupiter Mobile for truck distribution and delivery control. Operations focus on enhancing efficiency in fuel handling and monitoring across the region.
Who are the top competitors of Wire?
Wire's top competitors include PDI Technologies, The Right Fuelcard Company and EdgePetrol.
What products or services does Wire offer?
Wire offers Tank Monitors.
Who are Wire's investors?
Wire has 3 investors. Key investors include European Union, EIC Fund, and Otodata.