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.
- Website
- www.roadbotics.com/
Key Metrics
Founded Year
2016
Location
Pittsburgh, United States
Stage
Acquired
Total Funding
$12.5M in 4 rounds
Latest Funding Round
Investors
Ranked
9th among 80 active competitors
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:
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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 |
View details of RoadBotics's funding rounds and investors
RoadBotics' founders and board of directors
Founder? Claim ProfileThe 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:
- Mark DeSantis: Co-Founder & CEO of RoadBotics. Contact Info: 1 email address
- Christoph Mertz: Co-Founder of RoadBotics. Contact Info: 1 email address
- Ben Schmidt: Co-Founder & CTO of RoadBotics. Contact Info: 1 email address
View details of RoadBotics's Founder profiles and Board Members
RoadBotics' employee count trend
RoadBotics has 37 employees as of Jul 24. Here is RoadBotics's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | HAAS Alert 2015, Chicago (United States), Seed | Provider of digital alerts and coordination tools for roadway safety | $5.12M | 54/100 | |
2nd | Developer of vision-based Advanced Rider Assistance Systems for powered two-wheelers | $2.22M | 50/100 | ||
3rd | Dareesoft 2020, Seongnam-si (South Korea), Series A | Provider of AI-driven road hazard digitization solution | $5.09M | 49/100 | |
4th | Waylens 2014, Waltham (United States), Series A | Provider of AI and cloud-enabled video-security and monitoring solutions | $2.2M | 48/100 | |
5th | Provider of AI- based road health monitoring solution | - | - | 47/100 | |
6th | vialytics 2017, United States, Series A | Provider of smart imaging solution for monitoring road conditions | $10M | 47/100 | |
7th | Developer of AI-powered video analytics for traffic and driver monitoring | $4.13M | 47/100 | ||
8th | DeepWalk 2018, Chicago (United States), Seed | LiDAR-based scanning software to automate the inspection of sidewalk systems | $1.8M | 42/100 | |
9th | RoadBotics 2016, Pittsburgh (United States), Acquired | AI-enabled road monitoring and maintenance tool for the government | $12.5M | 40/100 | |
10th | Develops sensors for machine vision and traffic imaging applications | - | - | 37/100 |
Looking for more details on RoadBotics's competitors? Click here to see the top ones
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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Michelin acquires RoadBotics, which offers AI-powered road image analysisegirisim•Oct 31, 2022•Michelin, RoadBotics
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Michelin Acquires Start-up Specializing in Road Infrastructure Image AnalysisTirereview•Aug 02, 2022•Michelin, RoadBotics
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Michelin Acquires RoadBotics, A Start-Up Specialized In Road Infrastructure Computer VisionCsengineermag•Jul 20, 2022•Michelin, RoadBotics
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RoadBotics introduces AgileMapper, a new asset mapping platformGeospatial World•May 07, 2021•RoadBotics
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RoadBotics Named to Pittsburgh Smart Business’s “Smart 50” and Pittsburgh Tech Council’s “Tech 50”Csengineermag•Nov 27, 2020•RoadBotics
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Elgin Sweeper and RoadBotics Offer Sweepers Equipped with AI-Based Pavement Assessment TechnologyOEM Off-Highway•Mar 21, 2019•Elgin Sweeper, RoadBotics
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This company created a high-tech solution to a 2,500-year-old problemTechCrunch+•Nov 15, 2018•RoadBotics
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