Tech Company Financing Transactions
Waycare Funding Round
Waycare, operating out of Los Angeles, received $7.3 million from SJF Ventures, Goldbell Investments and Innogy SE.
Transaction Overview
Company Name
Announced On
10/7/2019
Transaction Type
Venture Equity
Amount
$7,250,000
Round
Series A
Investors
SJF Ventures (Lead Investor) (Daniel Geballe)
Spider Capital (Michael Neril)
Proceeds Purpose
The company intends to use the funds to drive its expansion efforts in North America and Europe, along with enhancements to its cloud-based platform.
Company Information
Company Status
Private & Independent
Industry
GovTech
Transportation
Transportation
Mailing Address
1601 Vine St. 7th Floor
Los Angeles, CA 90028
USA
Los Angeles, CA 90028
USA
Phone
Website
Email Address
Overview
Waycare is shaping the future of city mobility, enabling cities to take full control of their roads by harnessing in-vehicle information and municipal traffic data for predictive insights and proactive traffic management optimization.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Noam Maital
Chief Information Officer
Shai Suzan
Chief Technical Officer
Arie Malits
VP - Product Management
Ian Goldsmith
VP - R & D
Shai Maron
VP - Sales
Barry Matlack
Browse more venture capital transactions:
Prev: 10/7/2019: MiroBio venture capital transaction
Next: 10/7/2019: Gradient AI venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on tech company VC transactions. All VC database entries reported here come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs