- Acquired by Rekor Systems for $61M, Aug 2021
- Raised $7.3M Series A led by UpWest, Sep 2019
- Raised $2.3M Seed Extension led by UpWest, Sep 2017
About
Waycare is a cloud-based, artificial intelligence (AI) traffic management and transit solution that leverages data from various transportation modes, including connected and autonomous vehicles, to improve traffic safety and proactively manage city roads. The company's platform aggregates and analyzes data from existing transportation infrastructure, in-vehicle data, and other crowd-sourced information to provide real-time and predictive operational insights for traffic management centers, law enforcement, and other agencies. Waycare aims to reduce traffic fatalities, alleviate congestion, improve collaboration among traffic management agencies, and enhance incident response times. Waycare's technology team is based in Tel Aviv, and its U.S. headquarters are in Los Angeles, California.
Funding history · 3 rounds · $10.1M total
Headcount over time
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
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | waycaretech.com |
|---|---|
| linkedin.com/company/10583114 | |
| facebook.com/waycaretech | |
| YouTube | youtube.com/channel/UCN7VgK-ONn2Ic9x1ZJsolCg |
Identifiers & details
| Legal name | Waycare Technologies, Ltd. |
|---|---|
| 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 $61.0M
Radar intelligence
Patents
| EPO | 1 |
|---|
Web history (Wayback)
| Domain | waycaretech.com |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515479772 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2016-06-27 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2025 |
| Active charges / liens | 0 |
| Registry events | 7 — charge (5), annual_report (2) |
| Registered address | אלון יגאל 55 תל אביב - יפו |
Recent registry events
| Date | Event |
|---|---|
| 2026-06-15 | סילוק שעבוד |
| 2026-06-15 | סילוק שעבוד |
| 2026-06-15 | סילוק שעבוד |
| 2026-06-15 | סילוק שעבוד |
| 2026-06-15 | סילוק שעבוד |
| 2025-12-11 | דו~ח שנתי-הוספת דירקטור |
| 2025-12-11 | דו~ח שנתי-הסרת דירקטור |