Drivewyze
Drivewyze is a connected platform for trucking fleets. Its flagship Bypass product allows trucks to bypass open weigh stations, offering a significant ROI from time and fuel saved. The company recently launched its second major product, Safety+, which provides proactive in-cab notifications and in-depth analysis of driver behavior to improve fleet safety. The company was founded in 2003 and is headquartered in Edmonton, AB.
Date of Investment:
July 2020
Exit Date:
August 2024
Exit Type:
Strategic Sale
Website
Company's Website
Sageview Value-Add
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Operations
- Led efforts to improve KPI and financial reporting
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Sales & Marketing
- Made several potential enterprise customer introductions
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Human Resources
- Introduced company to experienced Board Advisor to drive execution in sales and finance functions