Traffic Bid
Automated Bidding System for Congestion Reduction
StartupTraffic Bid is a startup in the Automotive & Mobility Technologies sector, established in 2023. Automated Bidding System for Congestion Reduction. The company has 1-10 employees.
The company follows a B2B business model. Product stage: R&D. The company holds 1 patent.
- StagePre-Funding
- ProductR&D
- ModelB2B
- Employees1-10
- HQIsrael
- Last RoundUndisclosed
What does Traffic Bid do?
Traffic Bid addresses traffic congestion by implementing restrictions on the capacity of existing roads. Access to these roads is controlled through an automated bidding system, which assigns drivers specific time slots or presents them with the option to delay their trip in return for discounted rates or the utilization of public transportation. The efficacy of this technology has been demonstrated through simulations conducted in various cities across the United States, and it is safeguarded by a patent granted in the US.
What sector is Traffic Bid in?
Traffic Bid operates in Automotive & Mobility Technologies, Urban Mobility.
Where is Traffic Bid located?
Traffic Bid is based in Israel.