Inflexion is pleased to announce it has made an investment in Wise, a software provider for logistics delivery firms serving the e-commerce sector. The investment is being made by Inflexion Enterprise Fund V.
Wise was founded in 2019 to cater to the fast-growing e-commerce market by providing software to support a network of last-mile delivery providers who work with carriers such as Amazon, DPD and Hermes. The Wise platform is currently used by over 250 UK logistics firms and 14,000 self-employed drivers to manage everything from onboarding to document storage and compliance.
The investment and expertise from Inflexion will support Wise as it continues to grow rapidly, offer more services to existing customers and expand into new sectors.
In a short space of time Wise has established itself as an emerging champion within this high growth, specialist software niche. An explosive e-commerce market combined with Wise’s market-leading offering make the business extremely well placed to continue its impressive growth.
Since founding Wise, we've been on a truly incredible journey and built a business we're all proud of. Now, with this investment from Inflexion, we're excited to move on to the next stage of the Wise journey. We'll continue to improve the technology for our existing clients while we roll out our intuitive platform to a variety of new sectors.