# ITC

**Source:** https://www.startuphub.ai/startups/itc
**Profile type:** Startup

> ITC builds AI-powered traffic control software to reduce congestion and emissions for cities.

## About

ITC develops advanced software solutions that leverage computer vision and machine learning to optimize urban traffic flow. Their AI-powered, end-to-end traffic control and management systems aim to reduce congestion, lower carbon emissions, and enhance road safety for cities without requiring extensive infrastructure upgrades. The company transforms traditional traffic signals into intelligent mobility optimizers, enabling cities to implement unique traffic policies.

## Key facts

- **Slug:** itc
- **Website:** http://www.itc.city
- **Location:** Tel Aviv, Israel
- **Founded:** 2017-01-01
- **Employees:** 23
- **Operating status:** Active
- **Total funding:** $5M
- **Sectors / tags:** Automotive, Traffic, Smart City, Traffic Management, Computer Vision, Machine Learning, Urban Planning, Transportation Technology, Infrastructure Technology, AI-Driven Traffic Control, Urban Mobility, Intelligent Transportation Systems, Environmental Sustainability, Road Safety, Government Technology, Predictive Maintenance, Edge AI, IoT, Smart City Technology, AI Infrastructure
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/itc-israel/about/
  - Facebook: https://www.facebook.com/p

## Frequently asked

### What does ITC do?

ITC develops advanced software solutions that leverage computer vision and machine learning to optimize urban traffic flow. Their AI-powered, end-to-end traffic control and management systems aim to reduce congestion, lower carbon emissions, and enhance road safety for cities without requiring extensive infrastructure upgrades. The company transforms traditional traffic signals into intelligent mobility optimizers, enabling cities to implement unique traffic policies.

### What is ITC's revenue?

StartupHub estimates ITC's annual revenue at $5.8M (range $3.2M to $16.2M, 68% confidence), based on comparable companies in the sector.

### What is ITC's valuation?

StartupHub estimates ITC's effective valuation at $19.8M (range $12.5M to $30.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has ITC raised?

ITC has raised a total of $5M in funding. The most recent round on record is Series A.

### Where is ITC headquartered?

ITC is headquartered in Tel Aviv, Israel.

### When was ITC founded?

ITC was founded in 2017.

### What industry does ITC operate in?

ITC operates in Automotive, Traffic, Smart City, Traffic Management, Computer Vision, Machine Learning.

### How many employees does ITC have?

ITC has approximately 23 people on record.

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