Drivewyze is a company.
Drivewyze has raised $24.0M across 2 funding rounds.
Key people at Drivewyze.
Drivewyze has raised $24.0M in total across 2 funding rounds.
Drivewyze has raised $24.0M in total across 2 funding rounds.
Drivewyze's investors include iNovia Capital.
Drivewyze is a leading North American company that builds connected truck services aimed at improving safety, efficiency, and regulatory compliance for commercial fleets and drivers. Its flagship product, Drivewyze PreClear, enables weigh station bypass at thousands of locations across the U.S. and Canada, reducing delays and operating costs for fleets. Beyond weigh station bypass, Drivewyze offers an ecosystem of real-time safety alerts, compliance tools, and mobility solutions that integrate seamlessly with existing fleet devices without requiring additional hardware. The company serves a broad range of customers from owner-operators to large carriers, helping them optimize operations and enhance driver safety through innovative technology and data-driven insights[1][3].
Drivewyze was co-founded by Heath and Fred Ko, originally under Intelligent Imaging Systems (IIS) in 2003, with Drivewyze launching later as a specialized connected truck service. The company evolved by integrating roadside infrastructure solutions with in-cab technologies, culminating in a rebranding that consolidated IIS’s portfolio under the Drivewyze brand to unify their mission of improving highway safety and efficiency. Early pivotal moments include the development of the PreClear weigh station bypass service and recognition such as the 2017 Frost & Sullivan North American Weigh Station Bypass Company of the Year Award. Drivewyze’s growth has been driven by its ability to innovate without requiring costly hardware installations, enabling rapid adoption across the trucking industry[5][1][3].
Drivewyze rides the trend of digital transformation in commercial transportation, leveraging connected vehicle technology and data analytics to modernize highway safety and fleet management. The timing is favorable due to increasing regulatory demands, rising operational costs, and the trucking industry's push for efficiency and safety improvements. By enabling seamless weigh station bypass and proactive safety alerts, Drivewyze reduces bottlenecks and crash risks, supporting broader goals like emissions reduction and driver well-being. Its integration with smart infrastructure and telematics platforms positions it as a key player in the evolving ecosystem of intelligent transportation systems[1][5][6].
Drivewyze is poised to expand its influence by deepening its connected services portfolio, including advanced safety notifications and infrastructure solutions like Smart Roadways. Future trends shaping its journey include increased adoption of telematics, regulatory emphasis on safety and emissions, and the growth of data-driven fleet management. As the company continues to innovate and integrate with broader transportation networks, it is likely to play a pivotal role in driving safer, more efficient, and environmentally sustainable trucking operations across North America[5][6][1].
Key people at Drivewyze.
Drivewyze has raised $24.0M across 2 funding rounds. Most recently, it raised $16.0M Venture Round in December 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2017 | $16.0M Venture Round | iNovia Capital | |
| Aug 1, 2013 | $8.0M Series A | iNovia Capital |
