Wise Systems - About the company
Wise Systems is a series C company based in Cambridge (United States), founded in 2014 by Ali Kamil, Layla Shaikley, Jemel Derbali and Chazz Sims. It operates as an Offers AI & web-based route optimization software. Wise Systems has raised $73.1M in funding from investors like Tiger Global Management, Techstars and Gradient Ventures. The company has 1259 active competitors, including 78 funded and 75 that have exited. Its top competitors include companies like Wright Express, HERE and Netradyne.
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.
- Website
- wisesystems.com
- Social
- Registered Address
- 84 Sherman Street, Cambridge, MA 02140
Key Metrics
Founded Year
2014
Location
Cambridge, United States
Stage
Series C
Total Funding
$73.1M in 6 rounds
Latest Funding Round
Investors
Ranked
33rd among 1259 active competitors
Employee Count
56 as on Jul 31, 2026
Legal entities associated with Wise Systems
Wise Systems is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
WISE SYSTEMS, INC. CIN: 462846934 , United States, Active | Dec 31, 2013 | - | 28 (As on Dec 31, 2024) | - |
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Wise Systems's funding and investors
Wise Systems has raised a total funding of $73.1M over 6 rounds. Its first funding round was on Jun 04, 2015. Its latest funding round was a Series C round on Oct 06, 2021 for $*****. 5 investors participated in its latest round. Wise Systems has 27 institutional investors.
Here is the list of recent funding rounds of Wise Systems:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 06, 2021 | 9568023 | Series C | 2727882 | 1523741 | 5135829 | 7896408 |
Jun 18, 2020 | 9874687 | Series B | 8321175 | 4436395 | 8207943 | |
Nov 29, 2018 | 3064313 | Series A | 3489126 | 5349580 |
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Wise Systems' founders and board of directors
Founder? Claim ProfileThe founders of Wise Systems are Ali Kamil, Layla Shaikley, Jemel Derbali and Chazz Sims. Chazz Sims is the CEO of Wise Systems.
Here are the details of Wise Systems' key team members:
- Ali Kamil: Former Co-Founder of Wise Systems. They serve on the board of 1 company.
- Layla Shaikley: Co-Founder of Wise Systems. They serve on the board of 1 company.Contact Info: 1 email address
- Jemel Derbali: Co-Founder of Wise Systems. They serve on the board of 1 company.
- Chazz Sims: Co-Founder & CEO of Wise Systems. Contact Info: 1 email address
Wise Systems' Board of Directors
Wise Systems's board has 7 active members. Zach Bratun-Glennon, Ali Kamil, Layla Shaikley, Jemel Derbali, Mona Elnaggar, Charles Sims II and Mona EINaggar are independent board members.Here is the list of Wise Systems' board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 6y 0m | |
ppzexjk | Independent board member | - | Current | 3y 1m |
vxhlxpo | Independent board member | - | Current | 5y 6m |
nwhg{dl | Independent board member | - | Current | 5y 8m |
dpwkvjn | Independent board member | - | Current | 6y 4m |
ppatspo | Independent board member | - | Current | 6y 9m |
gemptv{ | Independent board member | - | Current | 1y 7m |
View details of Wise Systems's Founder profiles and Board Members
Wise Systems' employee count trend
Wise Systems has 56 employees as of Jul 26. Here is Wise Systems's employee count trend over the years:
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Wise Systems's Competitors and alternates
Top competitors of Wise Systems include Wright Express, HERE and Netradyne. Here is the list of Top 10 competitors of Wise Systems, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wright Express 1983, Portland (United States), Public | Provider of fleet management, employee benefits, and business payment solutions | - | 72/100 | |
2nd | HERE 1985, Eindhoven (Netherlands), Acquired | Developer of a unified map delivering location data and related services | - | 69/100 | |
3rd |  Netradyne 2015, San Diego (United States), Series D | AI-powered fleet safety camera system | $297M | 67/100 | |
4th | Idelic 2016, Pittsburgh (United States), Acquired | Offers AI & SaaS-based fleet management software | $31.3M | 63/100 | |
5th | Zonar Systems 2001, Seattle (United States), Acquired | Cloud-enabled platform offering end-to-end fleet management solutions | $50M | 62/100 | |
6th | Cloud-driven sensor-based end-to-end fleet management solution for fleet operators | $555K | 62/100 | ||
7th | Fleet management software for logistics and transport industry | - | - | 62/100 | |
8th | AI and SaaS based fleet management system solutions | $28.4M | 62/100 | ||
9th | Sheeva Technologies 2016, United States, Series B | Provider of a platform for in-vehicle payments and related commerce | $30.1M | 60/100 | |
10th | Provider of an AI platform for fleet and transportation management | $34.2M | 59/100 | ||
33rd | Wise Systems 2014, Cambridge (United States), Series C | Offers AI & web-based route optimization software | $73.1M | 50/100 |
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Wise Systems's Investments and acquisitions
Wise Systems has made no investments or acquisitions yet.
Reports related to Wise Systems
Here is the latest report on Wise Systems's sector:
News related to Wise Systems
Filter this list•
Hoth Therapeutics, Wise Systems Partner to Leverage AI for Drug DiscoveryContract Pharma•Jun 10, 2024•Hoth Therapeutics, Wise Systems
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Wise Systems and IntelliShift Unveil New Partnership for End-to-End Fleet IntelligenceBusiness Wire•May 17, 2023•Wise Systems, IntelliShift
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Wise Systems Announces New Integration with Samsara to Streamline the Last-Mile Delivery ProcessBusiness Wire•Apr 12, 2023•Wise Systems, Samsara
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Wise Systems Strengthens Executive Team with the Addition of Chris Martin as CFOBusiness Wire•Jan 11, 2023•Wise Systems, Trimble
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Wise Systems Appoints Accomplished Technology Leader Umesh Chandra as VP of EngineeringBusiness Wire•Aug 31, 2022•Wise Systems
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Wise Systems raises $50M to expedite last-mile product developmentFreightWaves•Oct 06, 2021•Wise Systems, Valo Ventures, Section 32, Gradient Ventures
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