Revvo Technologies

SoftwareSeedSan Mateo, USrevvo.ai

Latest round

Seed

Last raised

May 2022

Total raised

$11M

Investors

5

About Revvo Technologies

Revvo Technologies, Inc.Revvo Technologies, Inc. was founded in 2018 and is headquartered in San Mateo, US. The company provides tire management services, focusing on connecting and monitoring vehicle tires through its platform. The founders, Sunjay Dodani and Wing-Hong Ko, have a history of entrepreneurship, with Dodani serving as the CEO.Revvo AI specializes in tire monitoring and management solutions, primarily through its flagship platform, TireIQ TM. This advanced system is designed to automatically connect, monitor, and manage vehicle tires for various fleets, including logistics, waste management, and oil and gas sectors. The platform integrates OEM and aftermarket tire sensors with the Revvo AI Cloud, providing real-time insights and analytics via the Revvo Live Fleet View. This service addresses critical challenges in fleet management, such as inconsistent tire inspections, rising tire-related costs, and premature tire failures, enabling companies to enhance operational efficiency. Revvo’s client base includes prominent organizations like PepsiCo, which utilize the platform to streamline tire management and reduce operational expenses.Revvo AI generates revenue primarily through subscription-based service agreements for its TireIQ platform, which offers comprehensive tire management solutions. Clients typically engage in annual contracts that provide access to real-time analytics, alerts, and reporting features, thereby facilitating proactive tire maintenance. The structure of these transactions often involves partnerships with fleet operators and tire dealers, allowing for seamless integration of Revvo’s technology within existing operations. The pricing model is designed to provide significant return on investment, with many clients reportedly achieving positive program ROI within the first year.Revvo Technologies, Inc. The company is also focused on expanding into additional markets in North America and Europe, aiming to solidify its presence in these regions by the end of 2023.

Who invested in Revvo Technologies

5 investors across 2 rounds

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Funding rounds

  1. Seed

    May 13, 2022

    Amount

    $6M

    Investors

    Locked

  2. Series A

    Feb 1, 2019

    Amount

    $4.6M

    Investors

    Locked

Questions about Revvo Technologies

Who invested in Revvo Technologies?

Revvo Technologies has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Revvo Technologies raised?

Revvo Technologies has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Revvo Technologies last raise money?

Revvo Technologies's most recent round on record is a Seed, in May 2022.

What does Revvo Technologies do?

Revvo Technologies is a software company.

Where is Revvo Technologies headquartered?

Revvo Technologies is headquartered in San Mateo, US.

Which VCs invest in companies like Revvo Technologies?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Revvo Technologies's stage. Their profiles are linked below.

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