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RoadBotics - About the company

RoadBotics is an acquired company based in Pittsburgh (United States), founded in 2016 by Mark DeSantis, Christoph Mertz and Ben Schmidt. It operates as an AI-enabled road monitoring and maintenance tool for the government. RoadBotics has raised $12.5M in funding from Hyperplane and URBAN-X. The company has 80 active competitors, including 17 funded and 3 that have exited. Its top competitors include companies like HAAS Alert, Luna and Dareesoft.

Company Details

RoadBotics provides AI-enabled road monitoring and maintenance tools. The company offers an AI-enabled cloud-based platform that assesses/monitors road conditions and showcases it on a cloud-based GIS dashboard. It is available on a yearly subscription basis depending on the length of the road network. The clientele includes the City of Sedona, Bryan County Georgia, City of Cumberland, City of Woodstock, Cranberry Township, etc.
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Key Metrics
Founded Year
2016
Location
Pittsburgh, United States
Stage
Acquired
Total Funding
$12.5M in 4 rounds
Latest Funding Round
Investors
Ranked
Employee Count
37 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by Michelin (Jul 12, 2022)

RoadBotics's acquisition details

RoadBotics got acquired by Michelin on Jul 12, 2022.
Click here to take a look at RoadBotics's acquisition in detail
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RoadBotics's funding and investors

RoadBotics has raised a total funding of $12.5M over 4 rounds. Its first funding round was on Sep 08, 2017. Its latest funding round was a Series A round on Jul 18, 2019 for $*****. 3 investors participated in its latest round. RoadBotics has 14 institutional investors.

Here is the list of recent funding rounds of RoadBotics:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 18, 2019
5534406
Series A
1695388
7466926
4310343
4476235
Nov 14, 2018
3224076
Seed
9287196
7667869
6752147
Sep 28, 2017
9226798
Seed
2054936
6352907
8466493
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RoadBotics' founders and board of directors

Founder? Claim Profile
The founders of RoadBotics are Mark DeSantis, Christoph Mertz and Ben Schmidt. Mark DeSantis is the CEO of RoadBotics.
Here are the details of RoadBotics' key team members:

RoadBotics' employee count trend

RoadBotics has 37 employees as of Jul 24. Here is RoadBotics's employee count trend over the years:
Employee count trend for RoadBotics
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RoadBotics's Competitors and alternates

Top competitors of RoadBotics include HAAS Alert, Luna and Dareesoft. Here is the list of Top 10 competitors of RoadBotics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for HAAS Alert
HAAS Alert
2015, Chicago (United States), Seed
Provider of digital alerts and coordination tools for roadway safety
$5.12M
54/100
2nd
Logo for Luna
Luna
2019, Dublin (Ireland), Seed
Developer of vision-based Advanced Rider Assistance Systems for powered two-wheelers
$2.22M
50/100
3rd
Logo for Dareesoft
Dareesoft
2020, Seongnam-si (South Korea), Series A
Provider of AI-driven road hazard digitization solution
$5.09M
49/100
4th
Logo for Waylens
Waylens
2014, Waltham (United States), Series A
Provider of AI and cloud-enabled video-security and monitoring solutions
$2.2M
48/100
5th
Logo for Pluto
Pluto
2019, Copenhagen (Denmark), Unfunded
Provider of AI- based road health monitoring solution
-
-
47/100
6th
Logo for vialytics
vialytics
2017, United States, Series A
Provider of smart imaging solution for monitoring road conditions
$10M
47/100
7th
Logo for NAYAN
NAYAN
2018, Delhi (India), Seed
Developer of AI-powered video analytics for traffic and driver monitoring
$4.13M
47/100
8th
Logo for DeepWalk
DeepWalk
2018, Chicago (United States), Seed
LiDAR-based scanning software to automate the inspection of sidewalk systems
$1.8M
42/100
9th
Logo for RoadBotics
RoadBotics
2016, Pittsburgh (United States), Acquired
AI-enabled road monitoring and maintenance tool for the government
$12.5M
40/100
10th
Logo for Jai
Jai
1963, Copenhagen (Denmark), Unfunded
Develops sensors for machine vision and traffic imaging applications
-
-
37/100
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RoadBotics's Investments and acquisitions

RoadBotics has made no investments or acquisitions yet.

Reports related to RoadBotics

Here is the latest report on RoadBotics's sector:

News related to RoadBotics

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