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Consumer Series A Founded 2016

Valerann

Provider of IoT-based traffic monitoring analytics solutions. Provider of IoT-based traffic monitoring analytics solutions. It develops sensor systems for installation on roads, and an associated data platform. It intends its sensor packages to be installed on roads in place of a cat's eyes (reflective road studs). These smart studs can sense traffic movement, specific weather conditions, road issues (such as a…

📍 Tel Aviv, Israel · Road Transport Tech,

Funding snapshot

Last roundSeries A
Amount$17M
Date1 March 2022
Total raised$22M
Team size24

About

Provider of IoT-based traffic monitoring analytics solutions. Provider of IoT-based traffic monitoring analytics solutions. It develops sensor systems for installation on roads, and an associated data platform. It intends its sensor packages to be installed on roads in place of a cat's eyes (reflective road studs). These smart studs can sense traffic movement, specific weather conditions, road issues (such as a stalled or crashed car, a fallen tree & more) and send this data to the central data centre. The company operates in the Consumer > Road Transport Tech, Travel and Hospitality Tech > Road Transport Tech sector. Founded in 2016 and headquartered in Tel Aviv, Israel and has raised $22.0 million in Series A funding. Key investors include MassChallenge, 2B Angels, Telefonica, RIO Ventures Holdings, HG Ventures, Cell, PUBLIC, Wayra.

Business model

Smart Cities > Smart Mobility > Traffic Management > Vehicular Traffic,

Road Transport Tech > Traffic Management > Traffic Monitoring and Analytics > Diversified > Sensor,

Connected Vehicles > V2X Solutions,

Plug and Play Tech Center Batches > Mobility > Batch 6,

MassChallenge Batches > Cohort Information Unavailable

Team background

College Wise > London Business School (LBS)

Institutional investors

MassChallenge 2B Angels Telefonica RIO Ventures Holdings HG Ventures Cell PUBLIC Wayra

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