Business Overview
2016
Founded
12
Team
$10.6M
Funding
3
# Rounds
10
# Investors
3.9 years
Time Since Last Round
Waycare is shaping the future of city mobility, optimizing city traffic management by harnessing in-vehicle information for predictive insights. Ultimately, Waycare enables cities to fully control their roads and directly communicate with all vehicles. In the coming years, the average vehicle is expected to generate over 4 terabytes of data per day; 10X more than the daily data generated from an entire traffic management center. At the same time, urban populations are exploding, leading to unprecedented levels of road congestion in cities. Waycare’s platform harnesses in-vehicle and internal city data to optimize traffic systems and establish a two-way communication channel between the city and the vehicle. Waycares proprietary deep learning technologies provides the city predictive analytics and real-time decision making tools, enabling proactive traffic and incident mitigation and dynamic real-time traffic flow optimization options. As connectivity and innovation in the automotive industry continue to evolve, Waycare will play a vital role in shaping daily movements within our cities. WayCares solution is SaaS-based, enabling every city to become a smart city without costly infrastructural investment.
Employee Count
Employee counts updated on a monthly basis.
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Founders (0)
Board and Advisors (0)
Funding Rounds (3)
M&A Events (1)
Title | Date Announced | Amount ($) | |
---|---|---|---|
![]() ![]() ![]() | ㅤWayCare Acquisition | August 2021 | 61,000,000 |
Investors (10)
ㅤInvestor Name | Investor Type | AUM ($) | |
---|---|---|---|
![]() ![]() ![]() | ㅤGoldbell Investments | Corporate Venture Capital | |
![]() ![]() ![]() | ㅤInnogy | Company | |
![]() ![]() ![]() | ㅤJanom SRO | ||
![]() ![]() ![]() | ㅤMassChallenge | Accelerator | |
![]() ![]() ![]() | ㅤNext Gear Ventures | Venture Capital | $30M |
![]() ![]() ![]() | ㅤSeedInvest | ||
![]() ![]() ![]() | ㅤSJF Ventures | Venture Capital | |
![]() ![]() ![]() | ㅤSpider Capital | Venture Capital | $40M |
![]() ![]() ![]() | ㅤUpWest Labs | Venture Capital | $145M |
![]() ![]() ![]() | ㅤZymestic Solutions |
Patents (0)
Research Publications (0)
Certifications (0)
AI Technology Stack
5
AI Team
Jobs (0)