Decisiv, a Glen Allen, VA-based provider of Service Relationship Management (SRM) solutions, raised $15M in funding.
Morgan Stanley Expansion Capital provided the financing.
The company intends to use the funds to further grow across its core network of users and expand into new asset management and data services offerings.
Led by Dick Hyatt, President and CEO, Decisiv provides an asset service management ecosystem for the commercial vehicle industry. Through the SRM platform, dealers, service providers, manufacturers, and fleet and asset managers can communicate and collaborate during every service event. The SRM solution streamlines the entire asset service management process bringing all the necessary diagnostic, telematics and asset information together for all participants, and delivers it at the point of service.
Across the commercial vehicle industry, Decisiv SRM is being used by more than 74,000 fleet users and over 5,000 service provider locations to drive greater asset utilization, improve operations, generate higher levels of revenue and boost profitability.
FinSMEs
27/10/2022