Wisesight Technologies

AI-based Solution for Real-time Parking Monitoring

Automotive & Mobility Technologies
Active
Mature Jerusalem, Israel Founded 2016
Last updated 2026-06-18
Total raised
$7.7M
Last: 2021-03
Stage
Mature
Founded
2016
Headcount
23
HQ
Jerusalem, Israel
Sector
Automotive & Mobility Technologies

About

Wisesight Technologies has created a smart parking solution that enhances municipal revenue by streamlining payment processes. The system comprises multiple parking areas that share information, allowing real-time monitoring of street parking.

Upon a vehicle’s entrance into a parking area, the Wisesight algorithm identifies the car through its license plate number, captured by a camera, and associates it with a unique ID number. The ID is tracked as the vehicle moves from one camera to another, and the system automatically activates the counter.

Funding history · 4 rounds · $7.7M total

2021-03
$4.0M
2020-01
2018-01
$2.1M
2017-01
$400K

Q&A

What is Wisesight Technologies' primary business?
Wisesight Technologies provides an AI-based solution for real-time parking monitoring, designed to enhance municipal revenue by streamlining payment processes and monitoring street parking.
When was Wisesight Technologies founded?
Wisesight Technologies was founded in January 2016.
How much funding has Wisesight Technologies raised in total?
Wisesight Technologies has raised a total of $7,700,000 across multiple funding rounds.
When was Wisesight Technologies' most recent funding round and how much was raised?
Wisesight Technologies' most recent funding round occurred in March 2021, raising $4,000,000.
Which investor participated in Wisesight Technologies' January 2018 funding round?
iArgento participated in Wisesight Technologies' funding round in January 2018.
How many employees does Wisesight Technologies have?
Wisesight Technologies has 11-50 employees.
Where is Wisesight Technologies headquartered?
Wisesight Technologies is headquartered in Jerusalem, Israel, with an additional office in New York, United States.
Who are the co-founders of Wisesight Technologies?
The co-founders of Wisesight Technologies include Akiva Armon (CEO), Erez Rockah (VP BIZDEV & FOUNDER), Reem Rokach (CTO), and Eliran Cohen (Media Manager).

Team · 5

Founder · Co-founder & CEO
LinkedIn ↗
Founder · VP BIZDEV & FOUNDER
LinkedIn ↗
Founder · Co-founder & CTO
LinkedIn ↗
Founder · Co-founder & Media Manager
LinkedIn ↗
Founder · Co-founder (No longer with the company)
LinkedIn ↗

Sectors & technology

Primary sector
Automotive & Mobility Technologies
Sub-sectors
Fintech & InsurtechMoney Transfer & ManagementAutomotive & Mobility TechnologiesUrban Mobility
Technologies
Artificial IntelligenceMachine LearningSensingGeolocationCommunicationsIOT
Target customers
Government & CityMunicipalities
Business model
B2GB2B2CB2B

Highlights

1 Patents

Tags

paymentsiotmachine-learningsoftware-applicationslocation-basedsmart-mobilitymunicipalitiessmart-citymanagement-solutionsartificial-intelligencefintech
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)