Savi Technology
Latest round
- Series C
Last raised
- May 2001
Total raised
- $32M
Investors
- 12
About Savi Technology
Founded in 1989 and headquartered in Alexandria, US, Savi Technology specializes in supply chain visibility solutions. The company was acquired by SGS in November 2015, although the financial details of the deal remain undisclosed. Rich Carlson and Rosemary Johnston are the current CEOs, continuing the legacy of the company's innovations.Savi Technology specializes in providing advanced supply chain visibility solutions through its core products, which include Internet of Things (IoT) sensors and active RFID (aRFID) tags. These technologies enable real-time tracking of goods across various transport modalities, including ocean freight, ensuring that clients can monitor the location, condition, and estimated time of arrival (ETA) of their cargo. By leveraging machine intelligence and continuous data streaming, Savi empowers organizations, particularly in the government, military, and commercial sectors, to enhance security, identify blind spots, and make informed decisions based on accurate and impartial performance data.S.Savi Technology's revenue primarily derives from a B2B transaction structure, focusing on subscriptions and partnerships with entities in government and military sectors, as well as commercial businesses. The company offers solutions that typically involve installment fees for hardware, ongoing charges for data services, and software maintenance, facilitating a sustainable revenue model. Clients engage in transactions that may include contracts for multi-year service agreements, providing continuous support and updates for the technology deployed.00 mn obtained in November 2015, Savi Technology plans to enhance its product offerings and expand into new markets. The company is focused on developing new IoT solutions aimed at improving supply chain efficiencies for its government and commercial clients. Additionally, Savi aims to penetrate the Asia-Pacific market by 2025, leveraging its advanced technologies to address specific regional supply chain challenges.
Who invested in Savi Technology
12 investors across 2 rounds
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Questions about Savi Technology
Who invested in Savi Technology?
Savi Technology has 12 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 Savi Technology raised?
Savi Technology has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Savi Technology last raise money?
Savi Technology's most recent round on record is a Series C, in May 2001.
What does Savi Technology do?
Founded in 1989 and headquartered in Alexandria, US, Savi Technology specializes in supply chain visibility solutions.
Where is Savi Technology headquartered?
Savi Technology is headquartered in Alexandria, US.
Which VCs invest in companies like Savi Technology?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Savi Technology's stage. Their profiles are linked below.
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