Decisiv Receives $30M in Equity Funding

Funding Rounds

▤ Summary

Decisiv, Inc. , a Reston and Glen Allen, VA-based provider of Service Relationship Management (SRM) solutions, received $30m in equity funding. The company intends to use the funds for growth and expansion in a range of industries in North America and globally. Led by Dick Hyatt, President and CEO, Decisiv provides a cloud-based Service Relationship Management (SRM) platform for manufacturers, service providers and asset owners in the commercial vehicle, heavy equipment, and industrial markets to improve service supply chain’s asset performance and utilization. SRM aims to drive higher asset uptime and longer lifecycles by allowing original equipment manufacturers (OEMs), fleets, and service providers to communicate and collaborate, and by providing real-time management, integration services, and reporting and analytics solutions. The solution is used by major commercial vehicle manufacturers, including Volvo, Mack, Hino, Peterbilt and Kenworth, as well as their dealers and call centers, service networks and asset owners.

$ Funding

$
Amount $30.0M Total raised
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Date January 10, 2019 Announcement date
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Investors Kayne Anderson Capital Advisors Lead investors
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Company http://www.decisiv.com Funded company

▥ Classifications

industries
No industries detected
applications
Data Management

◇ AskAI Classifications

Labels
SaaS Fleet Management Software Service Relationship Management

▦ Linked Companies

Decisiv
$1M to $5M