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.