# WayCare

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

> Optimizes city traffic management using in-vehicle data for predictive insights and direct vehicle communication.

## About

Waycare is a company focused on shaping the future of city mobility by optimizing traffic management. They achieve this by harnessing in-vehicle information to generate predictive insights, enabling cities to gain better control over their roads and communicate directly with vehicles.

## Key facts

- **Slug:** waycare
- **Website:** https://www.waycaretech.com/
- **Location:** Tel Aviv, Israel
- **Founded:** 2016-06-01 00:00:00
- **Employees:** 12
- **Operating status:** Active
- **Total funding:** $10M
- **Sectors / tags:** Automotive, Connected Vehicle, Traffic, Smart City, Fleet Management, Traffic Management, Connected Vehicles, IoT, Data Analytics, Predictive Analytics, Urban Planning
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/waycare/

## Frequently asked

### What does WayCare do?

Waycare is a company focused on shaping the future of city mobility by optimizing traffic management. They achieve this by harnessing in-vehicle information to generate predictive insights, enabling cities to gain better control over their roads and communicate directly with vehicles.

### What is WayCare's revenue?

StartupHub estimates WayCare's annual revenue at $3.0M (range $1.6M to $8.5M, 68% confidence), based on comparable companies in the sector.

### What is WayCare's valuation?

StartupHub estimates WayCare's effective valuation at $41.2M (range $25.3M to $60.6M, 10% confidence), based on comparable companies in the sector.

### How much funding has WayCare raised?

WayCare has raised a total of $10M in funding. The most recent round on record is Series A.

### Where is WayCare headquartered?

WayCare is headquartered in Tel Aviv, Israel.

### When was WayCare founded?

WayCare was founded in 2016.

### What industry does WayCare operate in?

WayCare operates in Automotive, Connected Vehicle, Traffic, Smart City, Fleet Management, Traffic Management.

### How many employees does WayCare have?

WayCare has approximately 12 people on record.

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