About Wisor
Wisor is a company based in Tel Aviv (Israel) founded in 2020 by Orel Hershkovitch, Raz Ronen, and Eiran Bolless.. Wisor has raised $8 million across 1 funding round from investors including theDOCK, Team8 and HICO Investment Group. Wisor offers products and services including Supply Chain Automation Platform, Quote Generation Tool, and Rate Management System. Wisor operates in a competitive market with competitors including Freightify, CargoMetrics, Ship Angel, Wiremind and Pamyra, among others.
- Headquarter Tel Aviv, Israel
- Founders Orel Hershkovitch, Raz Ronen, Eiran Bolless
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Wisor Solutions Oü
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 1 rounds
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Latest Funding Round
$8 M (USD), Seed
Feb 07, 2023
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Investors
theDOCK
& 7 more
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Employee Count
Employee Count
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Products & Services of Wisor
Wisor offers a comprehensive portfolio of products and services, including Supply Chain Automation Platform, Quote Generation Tool, and Rate Management System. 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.
Automates freight processes for efficient operations and analytics.
Generates instant door-to-door quotes for shipments quickly.
Handles pricing contracts and spot rates in one platform.
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Funding Insights of Wisor
Wisor has successfully raised a total of $8M through 1 strategic funding round. The most recent funding activity was a Seed round of $8 million completed in February 2023. 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 1
- Last Round Seed — $8.0M
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First Round
First Round
(07 Feb 2023)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Seed - Wisor | Valuation | Team8 |
| 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 Wisor
Wisor has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include theDOCK, Team8 and HICO Investment Group. 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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Founded Year | Domain | Location | |
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HICO Investment Group is focused on maritime and logistics investments.
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Founded Year | Domain | Location | |
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A pre-seed fund is operated for ambitious Israeli founders.
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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 Wisor
| 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 - Wisor
| 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 |
Wisor Comparisons
Competitors of Wisor
Wisor 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 Freightify, CargoMetrics, Ship Angel, Wiremind and Pamyra, 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 |
Freight rates and quotations are managed via web-based solutions.
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| domain | founded_year | HQ Location |
Offers technology and method development for measuring maritime trade and in other fields
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| domain | founded_year | HQ Location |
Freight rate management software is provided for enterprise shippers.
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| domain | founded_year | HQ Location |
Offers specialized pricing solutions for the trucking industry.
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| domain | founded_year | HQ Location |
Online price comparison platform for shipping companies
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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 Wisor
When was Wisor founded?
Wisor was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is Wisor located?
Wisor is headquartered in Tel Aviv, Israel.
Who is the current CEO of Wisor?
Raz Ronen is the current CEO of Wisor. They have also founded this company.
Is Wisor a funded company?
Wisor is a funded company, having raised a total of $8M across 1 funding round to date. The company's 1st funding round was a Seed of $8M, raised on Feb 07, 2023.
What does Wisor do?
Wisor was founded in 2020 and is headquartered in Tel Aviv, Israel. Operations focus on the logistics technology sector, where AI-driven and web-based tools are developed for freight rate management. Plug-and-play solutions are offered to automate freight quotations, while revenue tracking, conversion rate analysis, email processing, and response management are handled through integrated platforms. These services support efficient operations in the freight industry.
Who are the top competitors of Wisor?
Wisor's top competitors include Freightify, CargoMetrics and Ship Angel.
What products or services does Wisor offer?
Wisor offers Supply Chain Automation Platform, Quote Generation Tool, and Rate Management System.
Who are Wisor's investors?
Wisor has 8 investors. Key investors include theDOCK, Team8, HICO Investment Group, Fresh Fund, and ATOORO FUND.
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