Valerann Overview
Valerann is an AI-driven company specializing in Intelligent Transportation Systems (ITS). Their flagship product, Lanternn by Valerann, is a data fusion platform designed to enhance road safety and traffic management. By integrating data from various sources—including legacy ITS, video, connected vehicles, social media, navigation apps, and weather information—Lanternn provides road operators with real-time, actionable insights. The platform's Real-Time Fusion Engine leverages artificial intelligence and machine learning to process and analyze vast amounts of data continuously. This enables road operators to detect risks earlier, prevent accidents more effectively, and respond to incidents more efficiently, ultimately leading to smoother traffic flow and reduced congestion.
Cumulative Funding Raised Over Time ($)
$1.0MAug 2016
$6.0MDec 2018
$23.0MFeb 2022
Latest News
growth-positive
Valerann goes back to the present
Valerann is revolutionizing the traffic management sector by transitioning it from a reactive to a proactive industry through its AI cloud-based data fusion engine, Lanternn. This technology integrates data from various sources to provide real-time, comprehensive insights into road traffic conditions, enabling operators to make informed, proactive decisions. The system aims to reduce accidents and improve road safety by offering a clear, actionable overview of traffic situations. Valeranns innovation was recognized with the Intertraffic Amsterdam 2024 Inspiration Award, highlighting its potential to inspire urban mobility management. The companys approach not only enhances road safety but also sets a new standard for Intelligent Transport Systems (ITS) by enabling proactive road management.
growth-positive
Valerann wins prestigious Prince Michael Award for AI prediction tool - Highways News
Valerann, a company specializing in advanced road traffic management solutions, has been awarded the Prince Michael International Road Safety Award 2024. The award recognizes Valeranns flagship data analytics platform, Lanternn by Valerann™, for its effective use of AI and advanced data analytics to enhance road safety. The platform provides real-time insights to road traffic authorities, helping them improve safety through proactive management. It uses data fusion and proprietary algorithms to predict and manage traffic incidents, thereby reducing response times and mitigating risks. Valerann is currently collaborating with National Highways on a pilot project in the Midlands. The award highlights Valeranns commitment to innovation in road safety.
growth-positive
New generation integrated solution for operations and road assets management
Openvia, the tech division of Globalvia, has partnered with Valerann to improve asset management and maintenance for road operators. They have combined their respective products, Geomic and Lanternn, to create a joint solution that takes operational data and provides insights for actionable data-driven decisions. The new platform has been deployed on the AP-53 roadway in Galicia, Spain, resulting in improved situational awareness, increased responsiveness to road safety events, and extended road coverage. This partnership is seen as an important step for Valerann.
Partners
growth-positive
Valerann announces expansion of its partner ecosystem in North America.
Valerann has announced new partnership agreements with key distributors in the U.S. market to expand its channel partners in North America. The partnerships strengthen Valeranns position in the US and offer road traffic operators a comprehensive intelligent road traffic management solution. The partners include Miller Alliance Group, Eco-Partnering Innovations, and Mid-American Signal. The agreements provide local sales and technical support for road management companies and operators in 14 states. Valeranns AI-driven solution, Lanternn by Valerann, helps operators make accurate data-driven decisions. The partnerships confirm the market need for a comprehensive AI-powered solution in the road traffic management industry.
Partners
growth-positive
Smart mobility startup Valerann raises $17 million Series A CTech
Valerann, a smart transportation startup, has raised $17 million in a Series A funding round led by HG Ventures. The company offers data-driven, intelligent traffic management systems using artificial intelligence and data fusion. Valeranns technology combines multiple data sources to provide real-time, accurate road intelligence. The company has raised a total of $22 million to date. Valeranns headquarters have moved from Israel to the UK, where most of its employees are now based.
Investment
| Sector | Automotive & Mobility Technologies |
Funding
| Total funding | $24M |
| Last funding | $17M |
| Stage | A |
| Rounds | 4 |
| Investors | 7 |
Team Members
5
Employees: 11-50
Web & Social Links
| Website | www.valerann.com |
| Careers | Careers page |
Locations
Shoken Street 32, Tel Aviv-Yafo, Israel
13 Hawley Crescent, London, UK
Tampa, FL, USA
Orlando, FL, USA
Valencia, Spain
San Francisco, CA, USA
Photos & Videos
3 item(s)
Valerann Business
Business models
B2B, B2G
Product stage
Released
Employees
11-50
Sector
Automotive & Mobility TechnologiesAutonomous & ConnectedUrban MobilityTarget Customer
Industrial ManufacturingDiscrete IndustriesAutomotiveTransportation & LogisticsTransportation InfrastructureRoad & RailCore Technology
Artificial IntelligenceMachine LearningCommunicationsIOTTags (15)
trafficdriver-safetyautomotiveroad-safetysafetyartificial-intelligencesmart-citysmart-mobilitybig-data-analyticsmonitoringiotsensorsconnected-vehiclesautonomous-vehicleswireless-controlGeographic Markets
United StatesUnited KingdomSpainValerann Financials
$24M
Total funding
Undisclosed
Capital raised
$17M
Last funding
A
Funding stage
4
Total rounds
7
Investors
Cumulative Funding Raised Over Time ($)
$1.0MAug 2016
$6.0MDec 2018
$23.0MFeb 2022
Private Equity Funding
A Round
Feb 2022
$17M
HG Ventures (Lead)
,
RIO Ventures Holdings, 2B.VC
Seed
Dec 2018
$5M
RIO Ventures Holdings (Lead), 2B.VC (Lead)
,
Cell Capital Partners, Telefonica, Qualcomm Ventures
Pre-Seed
Aug 2016
$1M
Pitch@Palace
Non-Equity Funding
GrantEvent
Oct 2020
$1M
European Space Agency
Valerann Lifecycle
Cumulative Funding Raised Over Time
$1.0MAug 2016
$6.0MDec 2018
$23.0MFeb 2022
All Events
A Round
Feb 2022
$17M
HG Ventures (Lead)
,
RIO Ventures Holdings, 2B.VC
Seed
Dec 2018
$5M
RIO Ventures Holdings (Lead), 2B.VC (Lead)
,
Cell Capital Partners, Telefonica, Qualcomm Ventures
Pre-Seed
Aug 2016
$1M
Pitch@Palace
GrantEvent
Oct 2020
$1M
European Space Agency
Valerann News
14 articles
growth-positive
Valerann goes back to the present
Valerann is revolutionizing the traffic management sector by transitioning it from a reactive to a proactive industry through its AI cloud-based data fusion engine, Lanternn. This technology integrates data from various sources to provide real-time, comprehensive insights into road traffic conditions, enabling operators to make informed, proactive decisions. The system aims to reduce accidents and improve road safety by offering a clear, actionable overview of traffic situations. Valeranns innovation was recognized with the Intertraffic Amsterdam 2024 Inspiration Award, highlighting its potential to inspire urban mobility management. The companys approach not only enhances road safety but also sets a new standard for Intelligent Transport Systems (ITS) by enabling proactive road management.
growth-positive
Valerann wins prestigious Prince Michael Award for AI prediction tool - Highways News
Valerann, a company specializing in advanced road traffic management solutions, has been awarded the Prince Michael International Road Safety Award 2024. The award recognizes Valeranns flagship data analytics platform, Lanternn by Valerann™, for its effective use of AI and advanced data analytics to enhance road safety. The platform provides real-time insights to road traffic authorities, helping them improve safety through proactive management. It uses data fusion and proprietary algorithms to predict and manage traffic incidents, thereby reducing response times and mitigating risks. Valerann is currently collaborating with National Highways on a pilot project in the Midlands. The award highlights Valeranns commitment to innovation in road safety.
growth-positive
New generation integrated solution for operations and road assets management
Openvia, the tech division of Globalvia, has partnered with Valerann to improve asset management and maintenance for road operators. They have combined their respective products, Geomic and Lanternn, to create a joint solution that takes operational data and provides insights for actionable data-driven decisions. The new platform has been deployed on the AP-53 roadway in Galicia, Spain, resulting in improved situational awareness, increased responsiveness to road safety events, and extended road coverage. This partnership is seen as an important step for Valerann.
Partners
growth-positive
Valerann announces expansion of its partner ecosystem in North America.
Valerann has announced new partnership agreements with key distributors in the U.S. market to expand its channel partners in North America. The partnerships strengthen Valeranns position in the US and offer road traffic operators a comprehensive intelligent road traffic management solution. The partners include Miller Alliance Group, Eco-Partnering Innovations, and Mid-American Signal. The agreements provide local sales and technical support for road management companies and operators in 14 states. Valeranns AI-driven solution, Lanternn by Valerann, helps operators make accurate data-driven decisions. The partnerships confirm the market need for a comprehensive AI-powered solution in the road traffic management industry.
Partners
growth-positive
Smart mobility startup Valerann raises $17 million Series A CTech
Valerann, a smart transportation startup, has raised $17 million in a Series A funding round led by HG Ventures. The company offers data-driven, intelligent traffic management systems using artificial intelligence and data fusion. Valeranns technology combines multiple data sources to provide real-time, accurate road intelligence. The company has raised a total of $22 million to date. Valeranns headquarters have moved from Israel to the UK, where most of its employees are now based.
Investment
growth-positive
Three Israeli startups working for a future of safe and effortless driving
Israeli startups Valerann, NoTraffic, and Nexar are using AI and data analytics to improve road safety and traffic management. Valerann uses in-road sensors to provide real-time vehicle movement data, enabling road operators to improve traffic flow and reduce accidents. The company has raised $14 million to date and is partnering with large-scale private road operators and automotive OEMs. NoTraffic uses AI-enabled sensors on traffic lights to manage road infrastructure. The company has raised $8 million and aims to impact 100 million people by 2025. Nexar uses a smart dashboard camera to provide real-time street-view data, offering data and business intelligence services to drivers, insurance companies, and others. The company has raised $97 million to date.
CustomersPartnersInvestmentExpand
growth-positive
With €1.2 million from the European Space Agency, Valerann and Excelerate team up to bring satellite connectivity to all roads - Tech.eu
ITS Equant, a consortium formed by Valerann and Excelerate Technology, has secured a €1.2 million funded project from the European Space Agency. The project aims to leverage satellite communications and GPS technologies to develop a scalable and off-grid road traffic management system. Valerann has already developed a Smart Roads System, while Excelerate has been working on connectivity solutions for the past twenty years. Over the next 18 months, the two companies will collaborate to integrate satellite technologies into the Smart Road System, with the goal of accelerating the adoption of autonomous vehicles.
PartnersInvestment
growth-positive
Smart Roads Traffic Management Leader Valerann Wins Best of Innovation in the 2020 CES Innovation Awards
Valerann, the leading data and traffic management platform, is launching its Smart Roads Platform at CES. The platform, in conjunction with Valeranns IoT multi sensors, provides real-time data about traffic conditions and aims to make journeys safer and more efficient. Valeranns solution reduces risk, improves the customer journey, and brings technology to road infrastructure. The companys IoT sensors are integrated into roads, forming a network that gathers and shares real-time data with the Valerann cloud. The network tracks driving patterns and provides alerts and navigation recommendations to drivers. Valerann will be showcasing its technology at CES and demoing its Cloud Control Center app. The company has received the 2020 Best of Innovation in the CES Innovation Awards.
PartnersInvestment
growth-positive
Valerann wins CES 2020 smart cities innovation award
Valerann, a smart road system start-up, has won the CES 2020 Best of Innovation Award for its road studs product. The companys smart road studs are installed every 10-15m and provide real-time information on car movements to road operators and travel apps. The product aims to improve safety and traffic flow by identifying potential problems such as congestion and road surface changes. Valerann has already installed its smart road system on the M1 in the UK and with Transurban on the I-95 in Washington, DC.
PartnersCustomers
growth-positive
Valerann raises $5 million to upgrade existing roads for present and future mobility challenges - Tech.eu
Israeli-British startup Valerann has raised $5 million in seed funding led by Rio Ventures Holdings and 2B Angels. The company has also announced a partnership with Bosch and Jaguar Land Rover to create a holistic data marketplace for connected and self-driving vehicles. Valerann provides a wireless, sensory, IoT system that collects real-time data about road activities, which can be used for risk detection, accident prevention, traffic optimization, and support for connected and autonomous vehicles. The startup has already deployed its solution with major highway operators in the UK, US, and Israel, and plans to integrate its system with two more toll road operators in Europe next year.
InvestmentPartners
growth-positive
Valerann: The Smart Road Startup Is Now Being Implemented in Tel Aviv
Valerann, an Israeli smart road startup, is conducting its first pilot in Tel Aviv to replace standard road studs with smart sensors. The sensors will provide real-time information to detect risks and prevent accidents, as well as optimize intersections. Valerann has already achieved success since its launch in 2016, winning awards and participating in innovation challenges. The company is also conducting pilots in the UK and the US to enhance their algorithm. If successful, the smart road system could be implemented in more areas as autonomous vehicle use expands. Valeranns CEO emphasizes the need for an ecosystem of technologies and entities for autonomous vehicles to work effectively. With companies like Mobileye, Israel is becoming a transportation tech giant.
CustomersPartnersExpand
growth-positive
Smart road stud system will make driving safer
Israeli and British company Valerann aims to make roads smart by digitizing road infrastructure and reducing costs. Valeranns cloud-based road digitization system uses wireless plug-and-play smart studs embedded with sensors and antennas to collect and transmit data to the cloud for analysis. The system provides real-time road conditions and can send alerts when necessary. Valerann has pilot projects in the UK and the USA and has received interest from road operators in Australia, the United States, Japan, and Israel. The company plans to implement its first full-functioning system by the end of 2018. The technology has the potential to support autonomous vehicles and connect with navigation apps and ride-hailing networks.
CustomersPartners
growth-positive
Smart roads co Valerann wins "The Pitch" competition
Israeli smart roads company Valerann has won the sixth annual The Pitch startup competition held by EY. The competition took place at the EY and Globes Journey conference. Valerann focuses on developing smart transportation technologies for roads, with an emphasis on connected and autonomous vehicles. The company will receive $250,000 in initial financing from Qualcomm Ventures.
PartnersInvestment
growth-positive
Why "Smart Road" Startup's Win is Huge for Israel
Israeli startup Valerann, which has developed smart platforms and road studs to gather real-time information about road conditions, won a quarter million-dollar prize at a startup competition. The companys technology aims to reduce the rising number of car accidents in Israel and potentially worldwide. Valeranns system can work with existing safety equipment and has already been installed on 1.5 km of road in the UK and the US for evaluation. The technology has the potential to alert drivers of potential road conditions and hazards, reducing accidents and injuries. The companys growth prospects are positive.
Customers
Valerann Team
Employee Info
| Employees (range) | 11-50 |
| Exact count | 25 |
| Team members | 5 |
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Valerann Internal
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Admin Info
| Confidence | 101/100 |
| Missing | markets |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 515027282 |
| Crunchbase | valerann |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-11-25T00:00:00.000Z |
| Created | 2015-11-26T00:00:00.000Z |
| Claimed | Yes |