Waycare

AI-driven Mobility Platform for Smart Cities

Automotive & Mobility Technologies
Acquired (Inactive) by Rekor Systems on Aug 2021 - closed due to acquisition
Acquired Tel Aviv-Yafo Founded 2016
LinkedIn
Total raised
$10.1M
Last: Series A 2019-10
Stage
Acquired
Founded
2016
Headcount
12
HQ
Tel Aviv-Yafo
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

2019-10
Series A $7.3M
2017-10
Seed $2.3M
2017-05
Seed $515K

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