Pavewise, a trailblazing management and solution software company, has successfully closed $1.3 million in a recent funding round aimed at revolutionizing the Asphalt Paving Industry. This significant investment marks a milestone moment in Pavewise’s mission to bring innovation, efficiency, and profitability to an industry ripe for transformation. The $1.3 million round was led by M25, a Chicago-based Midwest-focused venture capital firm with participation from Far Out Ventures,
gener8tor’s 1889 Fund, Broadwater Capital, and the Hustle Fund. Bryce Wuori, Co-Founder and CEO of Pavewise, stated: “Over the past decade, asphalt paving has become my passion, and I aim to blend expertise and technology to empower success in this industry. Pavewise is the cornerstone of this mission, and our investors’ support in this round will greatly enhance our ability to bring positive transformation to the Asphalt Paving Industry. The Pavewise team is deeply grateful for their partnership and support.”

Pavewise combines deep industry expertise with cutting-edge technology to provide a comprehensive software solution that streamlines operations, reduces stress, and drives increased profitability for businesses within the asphalt paving sector. The company’s software solution is poised to be a game-changer, offering a comprehensive and user-friendly platform designed to optimize every aspect of the asphalt paving process. This funding round will fuel key initiatives, including enhancing the software platform with advanced features, expanding into new markets, improving customer support and training programs, and maintaining a commitment to continuous research and development to remain at the forefront of paving technology.

Pavewise is immensely grateful for the support of the gener8tor programs such as gBETA Fargo, and the gener8tor North Dakota accelerator for believing in the software and team at its earliest stages. The programming and network of connections that resulted from both programs were pivotal in launching Pavewise and closing this funding round. Pavewise invites paving companies, contractors, and industry professionals to explore their software and experience the benefits of enhanced efficiency and profitability.

About Pavewise: Pavewise is a forward-thinking management and solution software
company dedicated to revolutionizing the Asphalt Paving Industry. By combining deep
industry expertise with innovative technology, Pavewise offers a comprehensive
platform that improves efficiency, reduces stress, and increases profitability for
businesses within the sector.

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Matt Wendel

Matt is passionate about creating an ecosystem that advances innovation, technology, and entrepreneurship. A communications, marketing, and public affairs professional, he helps tell the story of Emerging Prairie and its partners.