What is Savi Technology?
Savi Technology specializes in delivering real-time information on the location, condition, and security of goods in transit. By leveraging big data analytics, Savi empowers shippers, carriers, third-party logistics providers (3PLs), and government entities to enhance supply chain logistics. This optimization leads to reduced costs and inventory levels, alongside improved service delivery. The company operates the world's largest and most complex asset tracking and monitoring network, serving the U.S. Department of Defense, allied military forces, and over 1,000 commercial enterprises globally.
How much funding has Savi Technology raised?
Savi Technology has raised a total of $90.4M across 5 funding rounds:
Series B
$47.5M
Series C
$20M
Private Equity
$15M
Other Financing Round
$7.5M
Debt
$350K
Series B (2000): $47.5M with participation from Dorset Capital, Vector Capital, Temasek, Oracle, Venture TDF, Mohr Davidow Ventures, Tibco Software, and Accel
Series C (2001): $20M led by Temasek, Mohr Davidow Ventures, and Accel
Private Equity (2015): $15M, investors not publicly disclosed
Other Financing Round (2018): $7.5M featuring Eastward Capital
Debt (2020): $350K backed by PPP
Key Investors in Savi Technology
Temasek
Temasek, a global investment company founded in 1974 and headquartered in Singapore, operates as a generational investor focused on making a difference with tomorrow in mind.
Mohr Davidow Ventures
Mohr Davidow Ventures specializes in innovative tools to enhance productivity and streamline processes, supporting entrepreneurs with significant market opportunities and a drive to pursue them.
Accel
Accel Inc. is a leading contract packaging company specializing in copacking and assembly services, offering a wide range of packaging solutions across various industries.
What's next for Savi Technology?
The substantial enterprise-level funding indicates Savi Technology is poised for significant scaling and further innovation in its supply chain visibility solutions. This strategic investment will likely fuel expansion into new markets, enhance its big data analytics capabilities, and potentially support the development of new tracking technologies. Savi's established track record with major governmental and commercial clients suggests a focus on deepening its existing relationships and securing larger enterprise contracts, solidifying its leadership in the global asset tracking and monitoring sector.
See full Savi Technology company page
