ClearRoad enables Stripe-for-Tolling, leveraging in-vehicle tech &a; data for next-generation pricing of the road.
Business Model:
Revenue: $0
Employees: 1-10
Address:
City: Brooklyn
State: New York
Zip:
Country: United States
ClearRoad is reassessing the value of public space and building the funding infrastructure for the future of mobility. The ClearRoad IoT platform facilitates the monetization of roads by government agencies across North America through road usage pricing. It flexibly operates under any programmatic and regulatory designs, across a range of existing and planned vehicle usage identification technologies. The company has already established itself in this nascent space, with existing per-mile programs in Oregon and Washington State, and partnerships with established leaders in the tolling and telematics industries. If we’re going to get the congestion pricing we need to reduce traffic in our cities, government agencies will need help to automate toll road pricing for any section of road without the need for traditional proprietary hardware infrastructure.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 5/2018 | Pre Seed Round | 1 | - |
URBAN-X URBAN-X |
3/2021 | Seed Round | 2 | - |
Jonathan Seaton Moving Capital Jonathan Seaton Moving Capital |
7/2021 | Seed Round | 4 | $2.4M |
Heroic Ventures Hunt Technology Ventures Space Capital Uber Alumni Syndicate Heroic Ventures Hunt Technology Ventures Space Capital Uber Alumni Syndicate |
9/2020 | Seed Round | - |
CivStart Space Capital CivStart Space Capital |
4/2018 | Pre Seed Round | 1 | - |
Third Sphere Third Sphere |
3/2021 | Seed Round | 2 | - |
Jonathan Seaton Moving Capital Jonathan Seaton Moving Capital |
9/2020 | Seed Round | 2 | - |
CivStart Space Capital CivStart Space Capital |
5/2018 | Pre Seed Round | 1 | - |
URBAN-X URBAN-X |
4/2018 | Pre Seed Round | 1 | - |
Third Sphere Third Sphere |
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