Drivewyze logo — The Leader in Connected Truck Services.

Drivewyze

The Leader in Connected Truck Services.

Founded 2011 United States Plano, United States 194 employees Private Equity Total: $87.50M Mobile, Privacy and Security +1

General Information

Company Name Drivewyze
Founded Year 2011
Location United States Plano, United States
Employees 194
Industries Mobile, Privacy and Security, Transportation
Funding Stage Private Equity
Social

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About Drivewyze

Drivewyze is a prominent player in the transportation technology industry, offering innovative solutions for commercial vehicle fleets, drivers, and transportation infrastructure owners and operators. The company's best-in-class in-cab services, such as the Drivewyze PreClear weigh station bypass service and Drivewyze Safety+ proactive safety alerts, cater to the needs of commercial truck fleets and drivers. Additionally, Drivewyze infrastructure services provide state agencies with solutions including Smart Roadside commercial vehicle enforcement (CVE) electronic screening, Central Park truck parking management, and Smart Roadways connected truck solutions. Since its establishment in 2011 and with its headquarters in the United States, Drivewyze has demonstrated significant growth, reflected in its $60.00M Private Equity Round investment on 14 July 2020, with the investment led by Sageview Capital. Overall, Drivewyze's leadership in connected truck services and its ability to provide cutting-edge solutions for the commercial transportation sector make it an attractive investment opportunity for venture capitalists. The recent $60.00M investment from Sageview Capital indicates the confidence of prominent investors in Drivewyze's potential for continued growth and success in the industry. With its strong focus on leveraging technology to streamline operations and enhance safety, Drivewyze presents a compelling proposition for potential investors seeking opportunities in the mobile and transportation sectors.

Business keywords: Connected Truck Services, Transportation Technology, Commercial Vehicle Fleets, Drivewyze PreClear, Weigh Station Bypass, In-cab Services, Safety Alerts, Infrastructure Services, Smart Roadside, Commercial Vehicle Enforcement, Electronic Screening, Truck Parking Management, Connected Truck Solutions

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Private Equity Round $60.00M 1
Sageview Capital
14 Jul 2020
Venture Round $20.00M 1
iNovia Capital
01 Jan 2018
Venture Round Undisclosed 1
Kayne Anderson Growth Capital
08 Jan 2015
Series A $7.50M 2
iNovia Capital, Emergence Capital
22 Aug 2013
Non Equity Assistance Undisclosed 1
Startup Edmonton
01 Jan 2013

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FAQ About Drivewyze

The Leader in Connected Truck Services.
Drivewyze was founded in 2011.
Drivewyze is headquartered in Plano, United States.
Drivewyze operates in Mobile, Privacy and Security and Transportation. Its work centres on Connected Truck Services, Transportation Technology, Commercial Vehicle Fleets and Drivewyze PreClear.
Drivewyze has approximately 194 employees.
Drivewyze has completed 5 funding rounds, raising a total of $87.50M. The latest funding stage is Private Equity.
Top alternatives and competitors to Drivewyze include ElParking, LILEE Systems, Spokesafe, Connected Signals, Sigmax Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Drivewyze and ElParking are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Drivewyze, https://bouncewatch.com/company/drivewyze, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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