MicroTraffic

company

About

Road Safety Video Analytics - Data as a Service - GovTech

  • 11 - 50

Details

Last Funding Type
Pre-seed
Industries
Analytics,Artificial Intelligence,Autonomous Vehicles,Computer Vision,GovTech,Internet of Things,Machine Learning,Predictive Analytics,Software,Transportation
Founded date
Sep 17, 2017
Number Of Employee
11 - 50
Operating Status
Active

MicroTraffic uses AI-powered computer vision and existing overhead traffic cameras for road safety. We detect near-misses, predict future crash likelihood, help cities build proactive road safety improvement plans, and provide ongoing monitoring of the risk reduction that cities achieve. We support traffic engineering groups in city public works departments as they make measurable progress towards Vision Zero. MicroTraffic has deployed in 95 cities including LA, Austin, Montreal, Toronto, Vancouver, Amsterdam, Beijing, and Fukushima. Our proprietary technology predicts crashes with 94% accuracy and cities implementing our safety plans achieve on average an 80% risk reduction. We are working on Vision Zero because road crashes are the world's 8th leading cause of death, they cost the average city $100 million per year, and we believe that the world's 60 million intersections should be safe for all.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
MicroTraffic has raised a total of — in funding over 2 rounds. Their latest funding was raised on Jan 7, 2020 from a Pre-seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jan 7, 2020 Pre-seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
MicroTraffic is funded by 1 investors. Safe x Connected Cities Accelerator are the most recent investors.
Investor Name Lead Investor Funding Round
Safe x Connected Cities Accelerator Pre-seed