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Savi Technology

Alexandria, US · Founded 2012 · 2 known investors

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Savi provides in-transit supply chain visibility using IoT sensors, active RFID tags, and machine learning to track cargo location, condition, and ETA in real time, including ocean shipments. It serves businesses seeking to monitor perishable or sensitive shipments, reduce transportation costs, and improve on-time delivery performance.

AI & Machine LearningIoTLogistics & Supply Chain

Founders & leadership

JC
James CostelloExecutive
WCWilliam Clark
William ClarkPresident and CEO2010–2016William Clark is an executive with 25+ years of experience as CEO, CMO, and board member across technology and software companies. He previously held leadership roles at Hyperion Solutions (business intelligence), Deltek (project management software), Lockheed Martin's Savi Technology, Engageware (customer engagement), and Demex (insurance products), and was involved in the creation of an online foreign exchange trading platform.
BDBrian Daum
Brian DaumExecutive

Board

SM
Sean McGuinessBoard director
FM
Francois MartiBoard director
CM
Charles MeyerBoard director
DS
Dennis ShanahanBoard director

Investors · 2

Eastward Capital PartnersreportedWest Newton

How we know: funding news · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$15M disclosed across 1 of 2 rounds · 2015–2018

▶$15MraisedNov 2015 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • James CostelloExecutive Officer
  • Sean McGuinessDirector
  • Francois MartiDirector
  • Charles MeyerDirector
  • Dennis ShanahanDirector
  • William ClarkExecutive Officer, Director
  • Brian DaumExecutive Officer
Offering amount
$20M
Amount sold
$15M
First sale
Nov 2015
Incorporated
Corporation, Delaware, 2012
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Founder mafia

4 people who came through Savi Technology went on to found or lead other companies.

Varun TalwarSr. Software EngineerFounded TetrateDomingo MihovilovicVice President, EngineeringFounded ExabeamWilliam ClarkExecutive Officer, DirectorFounded EngagewareRob ReisPresident / CEOFounded Higher Ground

In the news

Savi Technology Raises $7.5M In New Funding - Savi Technologysavi.com · Nov 2018

Frequently asked questions

What does Savi Technology do?
Savi provides in-transit supply chain visibility using IoT sensors, active RFID tags, and machine learning to track cargo location, condition, and ETA in real time, including ocean shipments. It serves businesses seeking to monitor perishable or sensitive shipments, reduce transportation costs, and improve on-time delivery performance.
Who are Savi Technology's investors?
Savi Technology's investors include Accel, Eastward Capital Partners.
How much funding has Savi Technology raised?
Savi Technology has disclosed $15M raised across 1 of its 2 known rounds.
Where is Savi Technology headquartered?
Savi Technology is headquartered in Alexandria, US.