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Drivewyze - About the company

Drivewyze is an acquired company based in Edmonton (Canada), founded in 2011 by Brian Heath. It operates as a Provider of software solutions for weigh station alerts and bypass systems for truckers. Drivewyze has raised $100M in funding from investors like Emergence Capital, Inovia Capital and Sageview Capital. The company has 68 active competitors, including 2 funded and 3 that have exited. Its top competitors include companies like PrePass, Bikeep and Berla.

Company Details

Provider of software solutions for weigh station alerts and bypass systems for truckers. It provides apps with voice or visual alerts to indicate weighbridges and inspection sites on the way beforehand. It also helps the truckers to avoid them and thereby saving money for the transportation companies and also provides a subsidiary of intelligent imaging systems.
Social
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Email ID
*****@drivewyze.com
Phone Number
+1 **********
Key Metrics
Founded Year
2011
Location
Edmonton, Canada
Stage
Acquired
Total Funding
$100M in 3 rounds
Latest Funding Round
Ranked
Employee Count
110 as on Sep 30, 2026
Similar Companies
Exit Details
Acquired by Bestpass (Aug 07, 2024)

Drivewyze's acquisition details

Drivewyze got acquired by Bestpass on Aug 07, 2024.
Click here to take a look at Drivewyze's acquisition in detail
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Drivewyze's funding and investors

Drivewyze has raised a total funding of $100M over 3 rounds. Its first funding round was on Aug 23, 2013. Its latest funding round was a Series B round on Jul 14, 2020 for $*****. 1 investor participated in its latest round. Drivewyze has 4 institutional investors.

Here is the list of recent funding rounds of Drivewyze:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 14, 2020
1199979
Series B
3101671
8861999
4583054
8491068
Jan 07, 2015
3357734
Series A
6892937
4228747
7559961
Aug 23, 2013
5972702
Series A
4671505
7844908
6765393
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Drivewyze's founders and board of directors

Founder? Claim Profile
The founders of Drivewyze is Brian Heath.
Here are the details of Drivewyze's key team members:

Drivewyze's employee count trend

Drivewyze has 110 employees as of Sep 26. Here is Drivewyze's employee count trend over the years:
Employee count trend for Drivewyze
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Drivewyze's Competitors and alternates

Top competitors of Drivewyze include PrePass, Bikeep and Berla. Here is the list of Top 10 competitors of Drivewyze, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for PrePass
PrePass
1998, Parkland (United States), Unfunded
Online platform for weight station bypass in North America
-
-
57/100
2nd
Logo for Drivewyze
Drivewyze
2011, Edmonton (Canada), Acquired
Provider of software solutions for weigh station alerts and bypass systems for truckers
$100M
53/100
3rd
Logo for Bikeep
Bikeep
2012, Tallinn (Estonia), Seed
Manufacturer of bike and scooter parking and charging infrastructure systems
-
47/100
4th
Logo for Berla
Berla
2008, Annapolis (United States), Unfunded
Provides crime detection software for law enforcement, military, and civil agencies
-
-
40/100
5th
Logo for GeoRide
GeoRide
2017, Toulouse (France), Unfunded
Provider of GPS-based tracking system solutions for motorbikes
-
-
38/100
6th
Logo for Exeros Technologies
Exeros Technologies
2009, London (United Kingdom), Unfunded
Provider of AI, cloud, and telematics-based integrated fleet tracking systems
-
-
37/100
7th
Logo for Falcon-i
Falcon-i
2008, Karachi (Pakistan), Unfunded
Manufacturer of vehicle security systems
-
-
37/100
8th
Logo for MOSA
MOSA
2021, London (United Kingdom), Seed
Provider of connected parking systems for cycles
$438K
34/100
9th
Logo for BikeFinder
BikeFinder
2015, Stavanger (Norway), Funding Raised
SaaS-based provider of GPS tracking solutions for fleet owners
-
31/100
10th
Logo for Thitronik
Thitronik
2010, Germany, Public
Manufacturer of security systems for recreational vehicles, including alarms and detectors
-
-
30/100
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Drivewyze's Investments and acquisitions

Drivewyze has made no investments or acquisitions yet.

Reports related to Drivewyze

Here is the latest report on Drivewyze's sector:

News related to Drivewyze

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•
Drivewyze Partners with ManitobaWork Trucks•Jun 19, 2024•Drivewyze, http://mb.ca
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FAQs about Drivewyze

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