Waycare (acquired by Rekor)

📍 Los Angeles, United States👥 12 employees💰 Last funded Mar 2019
IT Services and IT Consulting🌐 waycaretech.com
Website LinkedIn
Waycare, a subsidiary of Rekor Systems, Inc., is shaping the future of city mobility, optimizing city traffic management by harnessing in-vehicle information for predictive insights. Ultimately, Waycare enables cities to fully control their roads and directly communicate with all vehicles. In the coming years, the average vehicle is expected to generate over 4 terabytes of data per day; 10X more than the daily data generated from an entire traffic management center. At the same time, urban populations are exploding, leading to unprecedented levels of road congestion in cities. Waycare's platform harnesses in-vehicle and internal city data to optimize traffic systems and establish a two-way communication channel between the city and the vehicle. Waycare’s proprietary deep learning technologies provide the city with predictive analytics and real-time decision-making tools, enabling proactive traffic and incident mitigation and dynamic real-time traffic flow optimization options. As connectivity and innovation in the automotive industry continue to evolve, Waycare will play a vital role in shaping daily movements within our cities. Contact us to pilot WayCare in your city!
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Investors

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Investor geography1 country
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Frequently asked questions
Who invested in Waycare (acquired by Rekor)?
Waycare (acquired by Rekor) has 1 investors on record on gritt.io, 1 mid-stage.
When did Waycare (acquired by Rekor) last raise funding?
The most recent investment in Waycare (acquired by Rekor) recorded on gritt.io was in March 2019.
What industry is Waycare (acquired by Rekor) in?
Waycare (acquired by Rekor) operates in IT Services and IT Consulting. Find similar IT Services and IT Consulting investors on gritt.io.
Where is Waycare (acquired by Rekor) based?
Waycare (acquired by Rekor) is headquartered in Los Angeles, United States.