Wisor AI Overview
Wisor AI is an advanced freight booking software solution geared toward modernizing the global freight forwarding industry. The company's plug-and-play solution provides a global automated quoting solution, allowing freight forwarders to generate quotes and communicate with clients automatically and within minutes. Wisor's seamless integration and technology can empower more than 300,000 traditional freight forwarding companies to increase efficiency, cut costs, and gain profitability.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
Wisor AI is a SaaS company that helps freight forwarders streamline their operations and increase profitability. FormX came in second place and Cyvore was third. The competition was managed by EY and led by partner Elad Sternlicht.
Wisor AI, a SaaS company focused on enhancing freight forwarding operations, won first place at The Podium startup competition during the Tech1 conference in Eilat. The event highlighted startups with AI at their core, amidst a challenging year for the Israeli tech ecosystem. Wisor AIs platform automates global shipping quotes, improving efficiency for logistics providers. The company has raised $23 million from investors like Team8, Ocean Azul Partners, and HICO Investment Group. The competition, managed by EY, also featured FormX and Cyvore as finalists. FormX addresses the U.S. housing crisis with software-driven homebuilding, while Cyvore focuses on AI-driven cybersecurity solutions. The event was sponsored by Bright Data, RavTech, Rooms, and HiTech Zone.
InvestmentCustomersPartners
growth-positive
Freight Booking Software Company Wisor AI Raises $8 Million
Wisor AI, a company specializing in advanced freight booking software, has successfully raised $8 million in a seed funding round led by Team8. This investment will accelerate Wisors mission to digitize the global supply chain industry, allowing freight forwarders to efficiently plan, price, and book shipments. The platform automates pricing data aggregation and shipping route optimization, enabling freight forwarders to enhance their operations and margins. The funding round also saw participation from Ocean Azul, Hico Investment Group, and several pre-seed investors. Wisor aims to transform the freight forwarding market, which handles $23.3 trillion in goods globally.
Investment
growth-positive
Fintech startup Wisor AI raises $8 million in Seed for freight booking software solution | CTech
Wisor AI, an Israeli startup that has developed a software solution for freight forwarders, has raised $8 million in a Seed funding round. The round was led by Team8 and included participation from Ocean Azul, Hico Investment Group, and pre-Seed investor Fresh Fund. The software automates the process of aggregating pricing data and optimizes shipping routes across the global freight ecosystem. The solution does not require freight forwarders to change their current operations, making adoption seamless.
Investment
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $16.75M |
| Last funding | $8M |
| Stage | Seed |
| Rounds | 4 |
| Investors | 11 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | wisor.ai/ |
| Careers | Careers page |
Locations
Lincoln Street 20, Tel Aviv-Yafo, Israel
Photos & Videos
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