NoTraffic Overview
NoTraffic has developed an AI-powered traffic signal platform, aiming to connect road users to the city grid and address current traffic challenges. Their platform utilizes plug-and-play AI sensors to provide real-time detection and classification of road users, including vehicles, pedestrians, and cyclists. This data is streamed to the cloud for processing, enabling the system to autonomously optimize traffic signals and improve road safety. NoTraffic's solution is designed to be future-proof, supporting vehicle-to-everything (V2X) communication and enabling various mobility applications such as micro payments, micro mobility, and proactive accident prevention. Ranked in TIME Magazine’s 100 Most Influential Companies list, NoTraffic is trusted by leading states in North America and has formed strategic partnerships with major communication giants such as AT&T and Rogers Communications.
Cumulative Funding Raised Over Time ($)
$17.5MJul 2021
$67.5MJun 2023
$75.5MNov 2018
$75.7MSep 2017
$93.7MSep 2024
Latest News
Can artificial intelligence help wean city-dwellers from their cars?
growth-positive
NoTraffic nabs $50 million Series B for autonomous traffic management platform | CTech
Israeli startup NoTraffic has raised $50 million in a Series B funding round to digitize transportation infrastructure. The round was led by M&G Investments and included participation from VNV Global, UMC Capital, and existing investors. NoTraffics platform uses AI and edge computing to automate traffic management at city intersections. The company, which partners with states and companies including California, Texas, Pennsylvania, AT&T, and Rogers Communications, plans to use the funding to expand its operations. It is currently engaged with 100 different transportation departments throughout the United States.
InvestmentExpand
growth-positive
היזם שרוצה לחבר את הרמזורים לענן - ולפתור את בעיית הפקקים
NoTraffic, an IoT platform for traffic management, has raised $35 million from private and institutional investors including Menorah and Meitav. The company, founded in 2017, employs around 70 people and is a global leader in advanced traffic management. It operates in North America and works with dozens of the largest transportation departments in the US. The companys product can convert any traffic junction into a dynamically operating and connected junction in less than two hours. In the US, the company has reduced drivers waiting time by up to 70% and reduced red light crossings by tens of percent.
InvestmentExpand
growth-positive
NoTraffic brings cloud-based IoT to traffic lights in Canada
Urban mobility IoT solutions provider NoTraffic has announced its first deployment in Canada, in partnership with Rogers Communications and the University of British Columbia. The companys technology refits traffic lights with sensors and edge processors, bringing urban traffic management to the cloud. The platform combines IoT sensors, AI, and cloud tech to ease urban gridlock, providing city transportation managers with real-time info and the ability to implement traffic management policies from the cloud. The technology can be installed at any intersection in about two hours. The system provides human-eye-level measurement of approaching road users, differentiating between different types of pedestrian and motorized traffic.
PartnersExpand
growth-positive
TIME NAMES NOTRAFFIC TO ITS PRESTIGIOUS TIME100 MOST INFLUENTIAL COMPANIES
NoTraffic, an IoT platform for urban mobility, has been included in the TIME100 Most Influential Companies list for 2022. The company developed the worlds first AI-powered traffic signal platform that connects road users to the city grid. It works with local and state governments to provide efficient and affordable tech that works with existing infrastructure. The platform is currently deployed in multiple cities and states across North America, serving millions of drivers per day. The recognition by TIME confirms NoTraffics status as pioneers in the field of urban mobility.
Customers
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $93.65M |
| Last funding | $18M |
| Stage | B |
| Rounds | 5 |
| Investors | 14 |
Team Members
5
Employees: 51-200
Web & Social Links
| Website | www.notraffic.com |
| Careers | Careers page |
Locations
Yigal Alon Street 53, Tel Aviv-Yafo, Israel
Executive Plaza Office Building, 720 Main St #12, Kansas City, MO 64105, USA
Photos & Videos
3 item(s)
NoTraffic Business
Business models
B2B, B2G
Product stage
Released
Employees
51-200
Sector
Automotive & Mobility TechnologiesAutonomous & ConnectedTarget Customer
Government & CityMunicipalitiesDefense, Safety & SecuritySecurityLaw EnforcementCore Technology
Data StorageEdge ComputingCloudCommunicationsIOTArtificial IntelligenceComputer VisionDeep LearningTags (19)
v2xmicro-mobilityartificial-intelligencebig-data-analyticssensorslaw-enforcementsmart-cityautomotivedeep-learningsmart-mobilityiotmachine-learningcloudmunicipalitiestrafficreal-timeautonomous-vehiclescommunicationsshared-mobilitySolutions
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Use Cases
Transportation & Logistics VerticalGeographic Markets
United StatesCanadaNoTraffic Financials
$93.65M
Total funding
Undisclosed
Capital raised
$18M
Last funding
B
Funding stage
5
Total rounds
14
Investors
Cumulative Funding Raised Over Time ($)
$17.5MJul 2021
$67.5MJun 2023
$75.5MNov 2018
$75.7MSep 2017
$93.7MSep 2024
Private Equity Funding
B Round
Sep 2024
$18M
Next Gear Ventures
B Round
Jun 2023
$50M
M&G Investments (Lead)
,
UMC Capital, Alchimia Ventures, North First Ventures, VNV Global, Meitav Dash, Grove Ventures, Next Gear Ventures, VEKTOR Partners
A Round
Jul 2021
$17.5M
Lars Fjeldsoe-Nielsen (Lead)
,
Menora Mivtachim Insurance, North First Ventures, Grove Ventures, VEKTOR Partners, lool ventures, Meitav Dash, Next Gear Ventures
Seed
Nov 2018
$8M
lool ventures (Lead)
,
Next Gear Ventures, North First Ventures, Rami Lipman
Pre-Seed
Sep 2017
$150K
Undisclosed Investor(s)
NoTraffic Lifecycle
Cumulative Funding Raised Over Time
$17.5MJul 2021
$67.5MJun 2023
$75.5MNov 2018
$75.7MSep 2017
$93.7MSep 2024
All Events
B Round
Sep 2024
$18M
Next Gear Ventures
B Round
Jun 2023
$50M
M&G Investments (Lead)
,
UMC Capital, Alchimia Ventures, North First Ventures, VNV Global, Meitav Dash, Grove Ventures, Next Gear Ventures, VEKTOR Partners
A Round
Jul 2021
$17.5M
Lars Fjeldsoe-Nielsen (Lead)
,
Menora Mivtachim Insurance, North First Ventures, Grove Ventures, VEKTOR Partners, lool ventures, Meitav Dash, Next Gear Ventures
Seed
Nov 2018
$8M
lool ventures (Lead)
,
Next Gear Ventures, North First Ventures, Rami Lipman
Pre-Seed
Sep 2017
$150K
Undisclosed Investor(s)
NoTraffic News
18 articlesCan artificial intelligence help wean city-dwellers from their cars?
growth-positive
NoTraffic nabs $50 million Series B for autonomous traffic management platform | CTech
Israeli startup NoTraffic has raised $50 million in a Series B funding round to digitize transportation infrastructure. The round was led by M&G Investments and included participation from VNV Global, UMC Capital, and existing investors. NoTraffics platform uses AI and edge computing to automate traffic management at city intersections. The company, which partners with states and companies including California, Texas, Pennsylvania, AT&T, and Rogers Communications, plans to use the funding to expand its operations. It is currently engaged with 100 different transportation departments throughout the United States.
InvestmentExpand
growth-positive
היזם שרוצה לחבר את הרמזורים לענן - ולפתור את בעיית הפקקים
NoTraffic, an IoT platform for traffic management, has raised $35 million from private and institutional investors including Menorah and Meitav. The company, founded in 2017, employs around 70 people and is a global leader in advanced traffic management. It operates in North America and works with dozens of the largest transportation departments in the US. The companys product can convert any traffic junction into a dynamically operating and connected junction in less than two hours. In the US, the company has reduced drivers waiting time by up to 70% and reduced red light crossings by tens of percent.
InvestmentExpand
growth-positive
NoTraffic brings cloud-based IoT to traffic lights in Canada
Urban mobility IoT solutions provider NoTraffic has announced its first deployment in Canada, in partnership with Rogers Communications and the University of British Columbia. The companys technology refits traffic lights with sensors and edge processors, bringing urban traffic management to the cloud. The platform combines IoT sensors, AI, and cloud tech to ease urban gridlock, providing city transportation managers with real-time info and the ability to implement traffic management policies from the cloud. The technology can be installed at any intersection in about two hours. The system provides human-eye-level measurement of approaching road users, differentiating between different types of pedestrian and motorized traffic.
PartnersExpand
growth-positive
TIME NAMES NOTRAFFIC TO ITS PRESTIGIOUS TIME100 MOST INFLUENTIAL COMPANIES
NoTraffic, an IoT platform for urban mobility, has been included in the TIME100 Most Influential Companies list for 2022. The company developed the worlds first AI-powered traffic signal platform that connects road users to the city grid. It works with local and state governments to provide efficient and affordable tech that works with existing infrastructure. The platform is currently deployed in multiple cities and states across North America, serving millions of drivers per day. The recognition by TIME confirms NoTraffics status as pioneers in the field of urban mobility.
Customers
NoTraffic expanding leadership team with ex-Amazon, Sapiens, and HERE executives
growth-positive
Traffic management platform NoTraffic raises $17.5M in Series A to double team size
Israeli startup NoTraffic, which operates an AI-based traffic management platform, has raised $17.5 million in a Series A funding round. The company plans to use the funds to support its rapid scale of deployments, expanding into dozens of US cities in the second half of this year and into European and Asian markets. NoTraffic also plans to double its team, reaching 100 employees by 2022. The companys platform involves retrofitting intersections with its sensors and IoT, which can make real-time decisions to improve traffic flow and reduce congestion.
InvestmentExpand
growth-positive
First-ever AI-based autonomous traffic management platform unveiled in Phoenix, Arizona, thanks to Israeli-founded company
NoTraffic Ltd., an American company founded by three Israelis, has announced that it will install its autonomous traffic management platform in Phoenix, Arizona. The technology, which has been tested in the U.S. and other countries, can reduce vehicle delay times by roughly 40 percent. The platform operates traffic light grids automatically, optimizes them with smart sensors, and prepares the road infrastructure for the connected and autonomous era. The project is part of the Maricopa Association of Governments (MAG) emerging technologies initiative.
PartnersInvestment
Foresight Subsidiary Eye-Net Mobile Signs Agreement with Smart City Company NoTraffic Ltd.
Startup using AI to improve traffic management at intersections;edge computing
growth-positive
Denso Partners With Smart Mobility Startup NoTraffic to Make Intersections Smarter
Tokyo-listed auto parts supplier Denso Corporation has partnered with Israeli smart mobility startup NoTraffic Ltd. to install smart intersection technology in Dublin, Ohio. NoTraffic’s technology connects to existing traffic lights and their operating system, and can respond to traffic needs in real-time. The companys artificial intelligence algorithms are capable of identifying and correctly predicting vehicles’ arrival time at a traffic light to optimize traffic flow. NoTraffic has also partnered with Israel-based Autotalks Ltd., a developer of vehicle-to-vehicle communications chips. The company has raised $3.35 million to date.
PartnersInvestment
growth-positive
המערכת שתשים סוף לפקקים?
Israeli company NoTraffic has developed a system that uses artificial intelligence and sensors to manage traffic congestion. The technology enables communication and data transfer between vehicles and infrastructure using cameras and sensors. The system can predict the arrival time of different vehicles at intersections, optimise traffic light timings, reduce congestion, and prioritise different types of vehicles. The system can also identify a vehicle that is about to run a red light and alert connected vehicles in the area. The company is currently working with several cities in the US, and has sold a number of systems.
Customers
growth-positive
N12 - "הרמזור החכם" שיפתור את הפקקים
Israeli start-up NoTraffic has developed a smart traffic light system that uses artificial intelligence to manage traffic flow in cities. The system, which is already in operation in the US, uses sensors installed on traffic lights and lighting poles at intersections to monitor traffic. It identifies vehicles and pedestrians using the road and estimates their arrival time at the intersection. The system is connected to the traffic light infrastructure and autonomously times the traffic lights to optimise traffic flow. The company is hoping to bring the technology to Israel following its success in the US.
Expand
growth-positive
Car Communications Startup Autotalks Partners With Smart Mobility Startup NoTraffic
Israeli smart mobility startup NoTraffic Ltd. is partnering with Autotalks Ltd., a developer of vehicle-to-vehicle communications chips, to create an autonomous traffic management system. The system will be able to identify a range of objects and communicate this information to oncoming vehicles, potentially preventing accidents. Autotalks has raised approximately $80 million from investors including Samsung and Hyundai. NoTraffics system is based on a network of sensors and real-time communication between vehicles and traffic lights, and uses AI algorithms to predict vehicles arrival times at traffic lights and optimize traffic light timing.
PartnersInvestment
growth-positive
IoT road infrastructure co NoTraffic raises $3.2m
Israeli startup NoTraffic, which develops an Internet of Things (IoT) platform for communications between vehicles and infrastructure (V2I), has raised $3.2 million in a seed financing round. The funding round was led by Lool Ventures, with participation from Next Gear Ventures, North First Ventures, and private investors. The company will use the funds to expand development of its product, begin trials in the US, and recruit more employees. NoTraffics system uses advanced AI algorithms to manage traffic in urban environments, and has already been installed in several locations in California.
InvestmentExpand
growth-positive
Smart Traffic Startup NoTraffic Raises $3.2 Million Seed Investment
Israeli smart mobility startup NoTraffic Ltd. has raised $3.2 million in a seed investment round led by Tel Aviv-based venture capital firm Lool Ventures, with participation from NextGear Ventures and North First Ventures. NoTraffic develops a real-time traffic management system for urban environments, using a network of plug and play sensors and real-time vehicle-to-infrastructure communication. The companys AI algorithms can predict vehicles arrival time at traffic lights and optimize traffic light timing to improve flow. The funding will be used to launch additional pilot programs in the U.S.
InvestmentExpand
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NoTraffic Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 157 |
| Team members | 5 |
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NoTraffic Internal
Recent Updates
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Admin Info
| Confidence | 101/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 515717890 |
| Crunchbase | notraffic |
| Creator | Tal Kreisler |
| Creator email | tal@notraffic.tech |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2023-11-16T00:00:00.000Z |
| Created | 2017-08-22T00:00:00.000Z |
| Claimed | Yes |