What is Clever Devices?
Clever Devices Ltd., founded in 1988 and headquartered in Woodbury, New York, is a provider of comprehensive technology solutions tailored for the public transportation industry. Their offerings encompass advanced fleet management systems, robust business intelligence tools, sophisticated database management, and real-time passenger information systems. The company's long-standing history and focus on critical operational technologies position it as a key player in enhancing the efficiency and passenger experience within public transit networks.
How much funding has Clever Devices raised?
Clever Devices has raised a total of $5M across 1 funding round:
Debt
$5M
Debt (2020): $5M with participation from PPP
Key Investors in Clever Devices
PPP
Public-Private Partnership
What's next for Clever Devices?
The recent enterprise-level funding, alongside a prior debt financing of $5,000,000 in April 2020, suggests Clever Devices is in a phase of significant scaling and strategic investment. This capital infusion is likely to fuel further innovation in their technology suite, potentially expanding their market reach and enhancing their real-time passenger information and fleet management capabilities. The company's trajectory indicates a strong focus on leveraging technology to address the evolving demands of the public transportation sector, aiming to solidify its leadership position through continued product development and strategic partnerships.
See full Clever Devices company page
