Last updated 2026-06-18
- Acquired by Rekor Systems, Aug 2021
- Raised $7.3M funding round, Oct 2019
- Raised $2.3M funding round, Oct 2017
Total raised
$10.1M
Last: 2019-10
Stage
Acquired
Founded
2016
Headcount
12
HQ
Tel Aviv-Yafo, Israel
Sector
Automotive & Mobility Technologies
About
Waycare develops solutions for city mobility, enabling cities to use in-vehicle information and municipal traffic data to generate predictive insights and optimize proactive traffic management. Waycare’s platform allows municipalities to capitalize on data from various transportation modes, including connected and autonomous vehicles, to improve traffic safety and proactively manage the city’s roads.
Funding history · 3 rounds · $10.1M total
Q&A
- What is Waycare's primary business?
- Waycare develops AI-driven mobility solutions for smart cities, utilizing in-vehicle and municipal traffic data to generate predictive insights and optimize proactive traffic management.
- When was Waycare founded?
- Waycare was founded in June 2016.
- What is Waycare's current status?
- Waycare was acquired by Rekor Systems in August 2021 and is currently inactive.
- How much funding did Waycare raise in total before its acquisition?
- Waycare raised a total of $10,115,000 USD.
- When was Waycare's last funding round and how much was raised?
- Waycare's last funding round was in October 2019, raising $7,300,000 USD.
- Which investors participated in Waycare's October 2019 funding round?
- Investors in Waycare's October 2019 funding round included Janom S.R.O.
- What is Waycare's employee count bucket?
- Waycare has an employee count in the 11-50 range.
- Who are the co-founders of Waycare?
- The co-founders of Waycare are Noam Maital and Shai Suzan. Idan Hahn was also a co-founder but is no longer with the company.
Team · 3
Sectors & technology
Primary sector
Automotive & Mobility Technologies
Sub-sectors
Automotive & Mobility TechnologiesUrban MobilityAutonomous & Connected
Technologies
Artificial IntelligenceMachine Learning
Target customers
ConsumersTransportation & MobilityDriversDefense, Safety & SecuritySecurityLaw EnforcementFinancial ServicesFinancial ProductsInsuranceIndustrial ManufacturingDiscrete IndustriesAutomotiveGovernment & CityMunicipalities
Business model
B2BB2G
Highlights
Verified
Tags
service-providersautomotivemunicipalitiesdriversdriver-safetysaassmart-citypredictive-analyticstransportationsmart-mobilitylaw-enforcementsafetypolicedecision-makingmachine-learningartificial-intelligenceinsurance-companiestrafficroad-safetyfleet-managementconnected-vehicles
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| linkedin.com/company/10583114 | |
| facebook.com/waycaretech | |
| YouTube | youtube.com/channel/UCN7VgK-ONn2Ic9x1ZJsolCg |
Identifiers & details
| Founded | 2016-6 |
|---|---|
| Employees (exact) | 12 |
| Offices | Los Angeles |
| Status reason | Acquired (Inactive) by Rekor Systems on Aug 2021 - closed due to acquisition |
Acquisitions & public offerings
Acquired by Rekor Systems 2021-08
Radar intelligence
Patents
| EPO | 1 |
|---|