Drivewyze
Latest round
- Series A
Last raised
- Aug 2013
Total raised
- $7.5M
Investors
- 2
About Drivewyze
Based in the US, Drivewyze, Inc.Drivewyze, Inc. specializes in providing weigh station bypass services and safety solutions for the trucking industry. Founded in 2011 and headquartered in Plano, US, the company has executed 5 deals to date.70 mn.Drivewyze offers a suite of products designed to improve the safety and operational efficiency of commercial trucking. Their flagship service, Drivewyze PreClear, enables trucks to bypass weigh stations at over 900 locations across North America, which helps in reducing fuel costs and travel time.Drivewyze generates revenue primarily from subscription-based models for its services, including Drivewyze PreClear. Clients engage through annual or monthly subscriptions, gaining access to weigh station bypass and real-time safety alerts.In August 2024, Drivewyze, Inc., which will allow them to expand service offerings across tolling, weigh station bypass, compliance, and safety for commercial fleets. The acquisition aims to strengthen the company’s position in the market by providing a more comprehensive suite of services. Future initiatives include the development of new products aimed at enhancing fleet operations and safety as well as exploring expansion opportunities into new geographic markets, although specific regions and product details have not yet been disclosed.
Who invested in Drivewyze
2 investors across 1 round
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Funding rounds
Series A
Aug 22, 2013
Amount
$7.5M
Investors
Questions about Drivewyze
Who invested in Drivewyze?
Drivewyze has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Drivewyze raised?
Drivewyze has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Drivewyze last raise money?
Drivewyze's most recent round on record is a Series A, in Aug 2013.
What does Drivewyze do?
Based in the US, Drivewyze, Inc.
Where is Drivewyze headquartered?
Drivewyze is headquartered in Plano, US.
Which VCs invest in companies like Drivewyze?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Drivewyze's stage. Their profiles are linked below.
VCs backing software startups at Series A
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