About
Valerann is an AI-driven company specializing in Intelligent Transportation Systems (ITS). Their flagship product, Lanternn by Valerann, is a data fusion platform designed to enhance road safety and traffic management. By integrating data from various sources—including legacy ITS, video, connected vehicles, social media, navigation apps, and weather information—Lanternn provides road operators with real-time, actionable insights.
The platform's Real-Time Fusion Engine leverages artificial intelligence and machine learning to process and analyze vast amounts of data continuously. This enables road operators to detect risks earlier, prevent accidents more effectively, and respond to incidents more efficiently, ultimately leading to smoother traffic flow and reduced congestion.
Funding history · 3 rounds · $24.0M total
Company Intelligence Q&A
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- When was Valerann founded and what is its primary focus?
- Valerann was founded in September 2013 and specializes in AI-driven Intelligent Transportation Systems (ITS), offering an autonomous traffic control and monitoring system.
- What is Valerann's flagship product?
- Valerann's flagship product is Lanternn by Valerann, a data fusion platform that enhances road safety and traffic management by integrating data from various sources to provide real-time insights to road operators.
- What was Valerann's most recent funding round?
- Valerann completed a Series A funding round in February 2022, raising $17 million. The round was led by HG Ventures.
- Which investors participated in Valerann's Seed round?
- In December 2018, Valerann raised $5 million in a Seed round with lead investors RIO Ventures Holdings and 2B.VC, alongside other investors including Cell Capital Partners, Telefonica, and Qualcomm Ventures.
- How much grant funding has Valerann received?
- In October 2020, Valerann received a grant of $1 million from the IIA.
- Where are Valerann's offices located?
- Valerann has its headquarters in Tel Aviv-Yafo, Israel, with additional offices in London, UK; Tampa, FL, USA; Orlando, FL, USA; Valencia, Spain; and San Francisco, CA, USA.
- How many employees does Valerann currently have?
- Valerann currently has 25 employees, falling within the 11-50 employee bucket.
- What award did Valerann win in October 2024?
- In October 2024, Valerann won the prestigious Prince Michael Award for its AI prediction tool, as reported by Highways News.
- When did Valerann announce the expansion of its partner ecosystem in North America?
- Valerann announced the expansion of its partner ecosystem in North America in August 2022.