What is Savi Technology?
Savi Technology specializes in delivering live, streaming data and insights concerning the location, condition, and security of goods in transit. Leveraging big data analytics, Savi empowers shippers, carriers, 3PLs, and governments to optimize their supply chain logistics. By providing real-time visibility before, during, and after transit, the company helps reduce costs and inventory while enhancing service levels. Savi's robust network is trusted to manage the world's largest and most complex asset tracking and monitoring operations, serving the U.S. Department of Defense, Allied military forces, and over 1000 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 Oracle, Temasek, Mohr Davidow Ventures, Tibco Software, Dorset Capital, Vector Capital, Venture TDF, 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
Oracle
Oracle Corporation is a global technology company specializing in the development, marketing, and distribution of Enterprise Software, Cloud Services, and Computer Hardware. Its core business revolves around providing comprehensive IT solutions to businesses, governments, and organizations worldwide.
Temasek
Founded in 1974, Temasek is a global investment company headquartered in Singapore. We are a generational investor, seeking to make a difference always with tomorrow in mind.
Mohr Davidow Ventures
Moor Davidow Ventures specializes in innovative tools aimed at enhancing productivity and streamlining processes. The company focuses on supporting entrepreneurs who recognize significant market opportunities and are driven to pursue them.
What's next for Savi Technology?
The recent strategic investment in Savi Technology signals a strong confidence in its future trajectory and its capacity to address complex supply chain challenges. This capital is likely to be deployed towards enhancing its big data analytics capabilities, expanding its global network reach, and further developing its IoT-enabled asset tracking solutions. Savi's focus on providing actionable intelligence for optimizing logistics positions it for continued leadership in a market increasingly driven by efficiency and transparency. The company's established presence with major governmental and commercial clients provides a solid foundation for future growth and innovation in the evolving landscape of supply chain management.
See full Savi Technology company page
