About Wise Systems
Wise Systems is a Transportation, Automotive & Logistics company based in Cambridge (United States) founded in 2014 by Jemel Derbali, Layla Shaikley, and Chazz Sims. It offers AI web-based route optimization software. Wise Systems has raised $73.14 million across 6 funding rounds from investors including Magna International, Verizon and McDonald's. The company has 39 employees. Its chief executive, as recorded, is Chazz Sims. Its website wisesystems.com draws about 10 thousand monthly visits. Wise Systems offers products and services including Strategic Planner, Route Planner, Dispatcher, Driver App, and Customer Portal. Its focus areas include Consumer, Logistics Tech, Freight and Trucking. Its legal entity is WISE SYSTEMS, INC. Its competitors include Zubie, Routeware and Circuit; 2 of its 3 listed competitors have raised funding.
Company details
Wise Systems offers AI web-based route optimization software. It helps companies effectively manage their fleet. The software helps companies schedule dispatch timings while taking into consideration multiple constraints like customer time windows, traffic, and service time and automatically dispatches these schedules to drivers. Wise employs a machine learning algorithm that recognizes patterns to improve delivery times, uses historic data to predict future demand, real-time traffic, and weather. Also provides delivery analytics.
- Headquarters Cambridge, United States
- Employees 39
- Founders Jemel Derbali, Layla Shaikley, Chazz Sims
- SectorsTransportation, Automotive & Logistics
- Website wisesystems.com
- Social LinkedIn X Facebook Instagram
- Legal Name Wise Systems, Inc.
- Total Equity Funding$73.14M (USD)
in 6 rounds
- Latest Funding Round$50M (USD), Series C
Oct 2021
- InvestorsMagna International
& 18 more
- Employee Count39
Products & Services of Wise Systems
Wise Systems offers a comprehensive portfolio of products and services, including Strategic Planner, Route Planner, Dispatcher, Driver App, and Customer Portal.
Web-based tool for modeling optimal delivery routes and frequencies.
Application for calculating optimal routes with dynamic variables.
Tool for monitoring and adjusting delivery routes in real time.
App providing drivers with interactive routes and tools.
Portal for real-time order tracking and notifications.
Funding Insights of Wise Systems
Wise Systems has successfully raised a total of $73.14M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in October 2021. 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 $73.14M
- Total Rounds 6
- Last Round Series C — $50M
- First Round $120,000
(Jun 2015)
- Investors Count 19
All 6 funding rounds of Wise Systems 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 |
|---|---|---|---|---|---|
| Oct 2021 | $50M | Series C | – | Tiger Global Management | |
| Jun 2020 | $15M | Series B | – | Valo Ventures | |
| Nov 2018 | $7M | Series A | – | Gradient Ventures | |
| Jun 2016 | $1.02M | Seed | – | – | – |
| May 2016 | Grant | – | – | ||
| Jun 2015 | $120,000 | Seed | – | Techstars |
19 investors in total: 19 institutional.
Investors in Wise Systems
Wise Systems has secured backing from 19 investors, including venture fund and institutional investors. Prominent investors backing the company include Magna International, Verizon and McDonald's.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is offered by Valo Ventures. | valoventures.org | San Francisco, United States | ||
Venture capital arm of Alphabet Inc. investing in AI | gradient.com | Mountain View, United States | ||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Tech startups are funded by S32, a venture capital entity. | s32.com | Sunnyvale, United States | ||
Tech and energy focused venture capital firm funding companies in the US and Asia | trucks.vc | San Francisco, United States | ||
Tech focused Stage-Agnostic VC Firm investing in the US | fontinalis.com | Detroit, United States | ||
| neoteny.com | ||||
Early-stage entrepreneurs are accelerated through MassChallenge's program. | masschallenge.org | Boston, United States | ||
Startups are accelerated globally without sector restrictions through structured programs. | 2006 | techstars.com | New York, United States | |
REIT that invests in logistics real estate properties | 1983 | prologis.com | San Francisco, United States |
Investor details for Wise Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Wise Systems
41 people are tracked at Wise Systems (12 in leadership, 2 in board & advisors, 27 in team); the tracked headcount is 39.
| Name | Role | Group |
|---|---|---|
Jemel Derbali | Co-Founder | Leadership |
Layla Shaikley | Co-Founder | Leadership |
Chazz Sims | Co-Founder & CEO | Leadership |
Umesh Chandra | VP, Engineering | Leadership |
Qui Ly | Director Of Engineering | Leadership |
Tyler Mortis | Director, Sales | Leadership |
Erin Blair | Vice President Of Global Partnerships | Leadership |
Robert Hawkins | Head Of Solutions Engineering & Partner Activation | Leadership |
Brian Sawyer | Head Of Software Engineering | Leadership |
Ellise Sharpe McDonald | Chief Of Staff | Leadership |
Matthew C Griffin | Director Of Customer Success | Leadership |
Lauren Plummer | Director Of Product Management | Leadership |
Sandy Pentland | Advisor | Board & advisors |
Edgar Blanco | Advisor | Board & advisors |
Peter Robinson | Strategic Account Executive | Team |
Jason Dalby | Customer Success Manager | Team |
Kevin Laframboise | Engineering Manager | Team |
Fiona Hang | Software Engineer | Team |
Justin Canney | Engineering Manager | Team |
Marc Boudreau | Principal Engineer | Team |
21 more people are available in the full profile.
Complete people profiles for Wise Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Wise Systems
3 dated milestones of Wise Systems across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Wise Systems is founded.
- Funding First funding round of $120K.
- Funding Latest funding round, Series C, of $50.0M.
Competitors of Wise Systems
Wise Systems has 3 listed competitors in our database, 2 of them funded. They include Zubie, Routeware and Circuit.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| zubie.com | 2012 | Charleston, United States | $33.48M | Vehicle data is monitored through plugin devices for usage-based insurance. | ||
| routeware.com | 1999 | Beaverton, United States | 81 | Fleet operations are managed through software solutions provided by Routeware. | ||
| circuitliving.com | 2016 | Pawleys Island, United States | $4.8M | Fitness and wellness training is delivered via mobile application. |
Detailed competitors of Wise Systems
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Wise Systems
The website of Wise Systems (wisesystems.com) receives about 10.4K visits a month.
- Monthly visits10.4K
▼ 10.5% vs previous month
Websites whose visitors overlap most with Wise Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| fareye.com | 100% | 56.5K | #520,326 | View details | |
clda.org | clda.org | 91% | #2,695,693 | – | |
whattoeatbook.com | whattoeatbook.com | 60% | #4,788,969 | – | |
| optimoroute.com | 60% | 316.1K | View details |
Top companies in Logistics Technology & Platforms
3 companies that operate in the same segment as Wise Systems (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
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 | 5,792 | |
Cloud-based logistics software suite is provided for supply chain management. | 1994 | Schaumburg, Illinois, United States | USD 35 M | USD 1.42 B | 3,600 |
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Related news about Wise Systems
Complete news archive for Wise Systems
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Frequently Asked Questions about Wise Systems
Wise Systems was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Wise Systems is headquartered in Cambridge, United States. It is registered at Cambridge, Massachusetts, United States.
Chazz Sims is the CEO of Wise Systems, as recorded in our data. They have also founded this company.
Wise Systems is a funded company, having raised a total of $73.14M across 6 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Jun 2015.
Wise Systems has 39 employees.
Wise Systems offers AI web-based route optimization software. It helps companies effectively manage their fleet. The software helps companies schedule dispatch timings while taking into consideration multiple constraints like customer time windows, traffic, and service time and automatically dispatches these schedules to drivers. Wise employs a machine learning algorithm that recognizes patterns to improve delivery times, uses historic data to predict future demand, real-time traffic, and weather. Also provides delivery analytics.
Wise Systems offers Strategic Planner, Route Planner, Dispatcher, Driver App, and Customer Portal.
Wise Systems has 19 investors. Key investors include Magna International, Verizon, McDonald's, Ford, and Munich Re.
Wise Systems operates through Wise Systems, Inc..