Exelerate Smart Traffic Overview
Exelerate is the developer of Falcon, a traffic light management and control platform based on a family of AI based algorithms. Falcon is a modular SaaS system that is tailored to the needs of smart cities and can assist them in reducing traffic-related air pollution. The solution enables municipalities to manage their traffic infrastructure freely and independently. Falcon can be deployed in cities, highways, and on light-rail transit lines. With a flexible price structure, Falcon is vendor agnostic and connects to all traffic-light controllers and sensors. The system can act as "traffic vector" middleware in a smart city platform.
Cumulative Funding Raised Over Time ($)
$4.2MAug 2021
Latest News
Growth-Positive
Exelerate Smart Traffic prepares to tackle different regulatory hurdles in USA, Europe | CTech
Exelerate Smart Traffic, a company that specializes in smart management and control of city intersections, is expanding its operations. The company already operates in 30% of the Israeli market and has paying customers. It has also expanded overseas. However, the companys VP Business Development, David Gillo, has shared that expanding to Europe and the USA presents different challenges due to the varying regulatory structures and needs of each state in the USA, and the diverse requirements of different countries in Europe.
CustomersExpand
growth-positive
נושמים בדרכים: הכירו את הפיתוח החדש שיצמצם את זיהום האוויר בכבישים
Exelerate, a subsidiary of YSB Group, has partnered with international company Atos to develop a new technology that reduces air pollution in urban areas by 30%. The solution involves smart traffic lights that detect pollution levels and optimize traffic flow in real-time. Exelerate specializes in advanced technology solutions for smart transportation, while Atos is a global leader in communication and digital services. The joint development was showcased at a smart transportation conference in the Netherlands and received significant international interest. The partnership aims to improve the quality of life for residents and drivers by reducing air pollution and traffic congestion.
Partners
growth-positive
New choices at Exelerate's intersections
Exelerate claims its traffic light control system, Falcon, offers a comprehensive solution for small and medium-sized cities. The system, powered by the Xcaliber adaptive algorithm, provides advanced capabilities and can be customized to meet the unique needs of each city. It eliminates the need for continuous professional services and offers a flexible SaaS price structure. The Falcon platform can help cities decrease carbon emissions and improve traffic management. The article emphasizes the overlooked market for traffic light control in small and medium-sized cities and highlights Exelerates product as a game-changer in the industry.
CustomersPartners
growth-positive
פיתוח ישראלי עושה שימוש בבינה מלאכותית כדי לסייע בהפחתת עומסי התנועה
Israeli company Exelerate has developed the Pelcon traffic management system, which uses artificial intelligence and the GO GREEN algorithm to significantly reduce traffic congestion on major roads and within cities. The algorithm operates in real-time and can route traffic to less congested lanes alongside managing the timing of traffic lights. The company reported that the algorithm successfully reduced traffic congestion by almost 40% in the Tzayid interchange near Ben Gurion Airport. Exelerates CEO, Ziv Neuman, stated that the algorithm can integrate with various transportation systems and aims to optimize traffic light systems for maximum efficiency. The estimated cost of traffic congestion in Israel is approximately 25 billion shekels per year.
Customers
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $5.09M |
| Last funding | $890K |
| Stage | Seed |
| Rounds | 2 |
| Investors | 0 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | exelerate.com/ |
Locations
HaShalom Road 4, Tel Aviv-Yafo, Israel
Photos & Videos
2 item(s)
Exelerate Smart Traffic Business
Business models
B2G, B2B
Product stage
Released
Employees
11-50
Sector
Climate TechEco-Efficient Transportation & LogisticsEco-Efficient Mobility Optimization & LogisticsAutomotive & Mobility TechnologiesUrban MobilityTarget Customer
Transportation & LogisticsTransportation InfrastructureRoad & RailGovernment & CityMunicipalitiesGovernmentCore Technology
Artificial IntelligenceMachine LearningPlatforms & InterfacesSoftwareAPITags (6)
climate-techmachine-learningtrafficsmart-mobilityapismart-cityGeographic Markets
PolandUnited StatesIsraelExelerate Smart Traffic Financials
$5.09M
Total funding
Undisclosed
Capital raised
$890K
Last funding
Seed
Funding stage
2
Total rounds
0
Investors
Cumulative Funding Raised Over Time ($)
$4.2MAug 2021
Private Equity Funding
Seed
Aug 2021
$4.2M
Non-Equity Funding
GrantEvent
Dec 2023
$890K
Israel Innovation Authority (Lead)
Exelerate Smart Traffic Lifecycle
Cumulative Funding Raised Over Time
$4.2MAug 2021
All Events
Seed
Aug 2021
$4.2M
GrantEvent
Dec 2023
$890K
Israel Innovation Authority (Lead)
Exelerate Smart Traffic News
4 articles
Growth-Positive
Exelerate Smart Traffic prepares to tackle different regulatory hurdles in USA, Europe | CTech
Exelerate Smart Traffic, a company that specializes in smart management and control of city intersections, is expanding its operations. The company already operates in 30% of the Israeli market and has paying customers. It has also expanded overseas. However, the companys VP Business Development, David Gillo, has shared that expanding to Europe and the USA presents different challenges due to the varying regulatory structures and needs of each state in the USA, and the diverse requirements of different countries in Europe.
CustomersExpand
growth-positive
נושמים בדרכים: הכירו את הפיתוח החדש שיצמצם את זיהום האוויר בכבישים
Exelerate, a subsidiary of YSB Group, has partnered with international company Atos to develop a new technology that reduces air pollution in urban areas by 30%. The solution involves smart traffic lights that detect pollution levels and optimize traffic flow in real-time. Exelerate specializes in advanced technology solutions for smart transportation, while Atos is a global leader in communication and digital services. The joint development was showcased at a smart transportation conference in the Netherlands and received significant international interest. The partnership aims to improve the quality of life for residents and drivers by reducing air pollution and traffic congestion.
Partners
growth-positive
New choices at Exelerate's intersections
Exelerate claims its traffic light control system, Falcon, offers a comprehensive solution for small and medium-sized cities. The system, powered by the Xcaliber adaptive algorithm, provides advanced capabilities and can be customized to meet the unique needs of each city. It eliminates the need for continuous professional services and offers a flexible SaaS price structure. The Falcon platform can help cities decrease carbon emissions and improve traffic management. The article emphasizes the overlooked market for traffic light control in small and medium-sized cities and highlights Exelerates product as a game-changer in the industry.
CustomersPartners
growth-positive
פיתוח ישראלי עושה שימוש בבינה מלאכותית כדי לסייע בהפחתת עומסי התנועה
Israeli company Exelerate has developed the Pelcon traffic management system, which uses artificial intelligence and the GO GREEN algorithm to significantly reduce traffic congestion on major roads and within cities. The algorithm operates in real-time and can route traffic to less congested lanes alongside managing the timing of traffic lights. The company reported that the algorithm successfully reduced traffic congestion by almost 40% in the Tzayid interchange near Ben Gurion Airport. Exelerates CEO, Ziv Neuman, stated that the algorithm can integrate with various transportation systems and aims to optimize traffic light systems for maximum efficiency. The estimated cost of traffic congestion in Israel is approximately 25 billion shekels per year.
Customers
Exelerate Smart Traffic Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 16 |
| Team members | 4 |
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Exelerate Smart Traffic Internal
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Admin Info
| Confidence | 98/100 |
| Missing | markets |
| BI Verification | Maor Perlov |
| Registrar ID | 513890830 |
| Crunchbase | exelerate-smart-traffic-ltd |
| Phone | +972-52-3065360|+972-3-9537411 |
| Creator | Yanina Wainscheinker |
| Creator email | yanina.wain@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-11-17T00:00:00.000Z |
| Created | 2021-12-06T00:00:00.000Z |
| Claimed | Yes |