SerVision

Company Overview

Snapshot

Founded in December 2000 by Gidon Tahan, SerVision grew to 11–50 employees, raising $2.7 million across two funding rounds. The company was acquired by ADI Smart Car Systems in June 2018, marking a significant exit in the automotive and mobility technologies sector.

Business overview

SerVision is a technology company specializing in mobile video-based solutions designed for road safety, transport security, and remote monitoring applications. The company develops and manufactures cutting-edge products that offer real-time remote monitoring capabilities. Its mobile video products integrate with third-party telematics and ADAS platforms, serving markets globally through a network of integrators and distributors. SerVision operates within the Automotive & Mobility Technologies sector, focusing on autonomous and connected vehicle solutions and urban mobility.

Strategic signal

In May 2019, ADI Systems, the acquirer of SerVision, showcased its offerings at a British automotive show, indicating continued market presence and innovation in the automotive sector following the acquisition. This suggests that SerVision's technology and market position continue to contribute to the combined entity's strategic initiatives and product development post-acquisition.

Company Intelligence Q&A

When was SerVision acquired?

SerVision was acquired by ADI Smart Car Systems in June 2018.

What was SerVision's status on the London Stock Exchange?

SerVision was delisted from the London Stock Exchange in June 2018, coinciding with its acquisition.

When did SerVision initially go public?

SerVision conducted an Initial Public Offering (IPO) on the London Stock Exchange in December 2004.

What was the total capital raised by SerVision?

SerVision raised a total of $2.7 million across two funding rounds.

What was a notable customer win for SerVision before its acquisition?

In July 2015, Gatwick Airport selected SerVision to provide vehicle protection solutions.