Wise Systems
Cambridge
About Wise Systems
Wise Systems builds autonomous dispatch and routing software that uses machine learning to continuously improve fleet efficiency and customer service across last-mile operations in food, beverage, courier, energy, field service, and other markets. Used by some of the world’s largest brands, Wise Systems customers typically see 10-15% mileage reductions, significant increases in fleet utilization, and up to 80% decreases in late deliveries. The Wise Systems platform applies software-based logic to all orders and makes intelligent, data-driven decisions to optimize both fleet performance and customer service ’ processing millions of data points and making thousands of real-time decisions that would be impossible for even the most experienced human dispatcher. The system automatically schedules routes, monitors routes in progress, and intelligently adjusts to day-of delays on the ground. The company was founded out of the MIT Media Lab and Center for Transportation Logistics in 2014 and is headquartered in Boston, Massachusetts.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 51 – 100
- Estimated revenue: Less than $1M
- Total funding: $73.1M
- Funding stage: Late Stage Venture
- Last round: Series C (Oct 2021)
- Website: wisesystems.com
- Phone: (857) 327-5802
Industries & Categories
Artificial Intelligence (AI), Enterprise Software, Fleet Management, Logistics, Machine Learning
Social Profiles
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