Valerann
Autonomous Traffic Control and Monitoring System
Company Overview
Snapshot
Founded in September 2013 by Gabriel Jacobson, Michael Vardi, and Daniel Yakovich, Valerann operates with 11–50 employees. The company has raised $24 million across 4 funding rounds from 7 investors, with HG Ventures leading a Series A round in February 2022. Valerann received the prestigious Prince Michael Award for its AI prediction tool in October 2024.
Business overview
Valerann is an AI-driven company specializing in Intelligent Transportation Systems (ITS) within the Automotive & Mobility Technologies sector. Its core product, Lanternn by Valerann, is a data fusion platform that enhances road safety and traffic management. By integrating data from various sources, including legacy ITS, video, connected vehicles, social media, navigation apps, and weather information, the platform provides road operators with real-time, actionable insights. The Real-Time Fusion Engine leverages artificial intelligence and machine learning to process and analyze vast amounts of data, enabling earlier risk detection, more effective accident prevention, and efficient incident response, ultimately improving traffic flow and reducing congestion. Valerann serves markets in the United States, United Kingdom, and Spain.
Strategic signal
In October 2024, Valerann received the prestigious Prince Michael Award for its AI prediction tool. This recognition highlights the company's innovation in leveraging artificial intelligence for road safety and traffic management, signaling strong validation of its technology and potential for continued impact in the intelligent transportation systems market.
Log in to access full profile ›Company Intelligence Q&A
- What is Valerann's primary focus?
- Valerann focuses on Intelligent Transportation Systems (ITS) using AI to enhance road safety and traffic management, primarily through its Lanternn platform.
- When was Valerann founded and by whom?
- Valerann was founded in September 2013 by Gabriel Jacobson, Michael Vardi, and Daniel Yakovich.
- What significant award did Valerann receive recently?
- In October 2024, Valerann won the prestigious Prince Michael Award for its AI prediction tool, recognizing its contributions to road safety.
- Which investors participated in Valerann's Series A funding round?
- In February 2022, Valerann secured Series A funding led by HG Ventures, with participation from.
- Has Valerann expanded its partner ecosystem?
- In August 2022, Valerann announced the expansion of its partner ecosystem in North America, aiming to strengthen its presence in the region.