When was bitsensing founded?

bitsensing was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is bitsensing located?

bitsensing is headquartered in Seongnam-si, South Korea.

How many employees does bitsensing have?

As of Sep 30, 2026, the latest employee count at bitsensing is 56.

Is bitsensing a funded company?

bitsensing is a funded company, having raised a total of $42M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 15, 2019.

When was the latest funding round of bitsensing?

bitsensing's latest funding was a $***** Series B round on Jun 18, 2024, with participation from 6 investors.

Where does bitsensing rank among its competitors?

bitsensing ranks 9th amongst 373 active competitors, of which 60 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was NoTraffic, which secured $90M in Mar, 2026.

Who are the top competitors of bitsensing?

bitsensing's top competitors include Kapsch, Miovision and Worldsensing. Among them, NoTraffic secured the most recent funding round in March, 2026.

bitsensing - 2026 Company Profile, Funding & Competitors

Company Details

Developer of radar technology for automotive, smart city, and healthcare. The company designs radar solutions from concept to production for various industries. It provides radar systems for automated vehicles, traffic management, and patient monitoring. The company aims to improve safety and convenience with its radar technology.

Website: www.bitsensing.com
Social
Email ID: *****@bitsensing.com
Phone Number: +82 **********

Key Metrics

Founded Year

2018

Location

Seongnam-si, South Korea

Stage

Series B

Total Funding

$42M in 5 rounds

Latest Funding Round

Series B, Jun 18, 2024, $*****

Investors

SparkLabs & 18 more

Ranked

9^th among 373 active competitors

Employee Count

56 as on Sep 30, 2026

Similar Companies

Miovision & 239 more

View bitsensing's full profile

bitsensing has raised a total funding of $42M over 5 rounds. Its first funding round was on Jul 15, 2019. Its latest funding round was a Series B round on Jun 18, 2024 for $*****. 6 investors participated in its latest round. bitsensing has 19 institutional investors.

Here is the list of recent funding rounds of bitsensing:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 18, 2024	7714835	Series B	8340532	3657013	8988596	3570804
Sep 21, 2022	4736152	Series A	6953644	1958719	6724103	Mando Corporation
Jun 08, 2020	1011885	Seed	7189571	7065269	LB Investment & 1 more	SJ Investment Partners & 3 more

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View details of bitsensing's funding rounds and investors

bitsensing's employee count trend

bitsensing has 56 employees as of Sep 26. Here is bitsensing's employee count trend over the years:

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Top competitors of bitsensing include Kapsch, Miovision and Worldsensing. Here is the list of Top 10 competitors of bitsensing, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Kapsch 1892, Austria, Public	Provider of intelligent transportation systems and tolling and traffic management	-	Shapla Ventures, Vienna Capital Partners & 3 others	67/100
2nd	Miovision 2005, Kitchener (Canada), Series D	Developer of traffic management software and intelligent transportation hardware systems	$307M	MacKinnon, Bennett & Company, Export Development Canada ... & 18 others	66/100
3rd	Worldsensing 2008, Barcelona (Spain), Series B	Provider of cloud-driven IoT-based real-time traffic monitoring & analytics solution	$9.42M	Kibo Ventures, ETF Partners & 14 others	66/100
4th	Anagog 2010, Tel Aviv (Israel), Series C	Cloud-based mobility data solutions provider	$22.5M	Mercedes-Benz, MizMaa & 13 others	65/100
5th	NoTraffic 2017, Overland Park (United States), Series C	Provider of an AI mobility platform for traffic management solutions	$161M	2xN, M&G & 19 others	64/100
6th	Valerann 2016, Tel Aviv (Israel), Series A	Provider of IoT-based traffic monitoring analytics solutions	$22M	RIO Ventures Holdings, HG Ventures & 6 others	59/100
7th	Iteris 1969, Santa Ana (United States), Acquired	Provider of technology solutions for smart mobility infrastructure management	-	180 Degree Capital, Federal Highway Administration ... & 1 others	58/100
8th	Vontier 2020, Raleigh (United States), Public	Developer of AI and SaaS-enabled end-to-end fleet and mobility management solutions	-	Allspring Global Investments	57/100
9th	bitsensing 2018, Seongnam-si (South Korea), Series B	Developer of radar technology for automotive, smart city, and healthcare	$42M	AFW Partners, Mando Corporation & 17 others	59/100
10th	Vehant Technologies 2005, Noida (India), Funding Raised	AI-enabled security and traffic enforcement solutions	-	AG Venture Capital, True North & 4 others	56/100