TrafficGenius
Early Stage
Solving a city’s traffic problems.
Overview
Raised: $0
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/29/2021
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2016
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Location
Chicago, Illinois
TrafficGenius, with a post-money valuation of $10 million, is Testing the Waters on NetCapital. The company is using machine learning to develop a system that optimizes the timing of traffic signals on high volume paths. The system collects data from all intersections to determine the optimal timing of each light. Scott Murdoch founded TrafficGenius in 2016. The current crowdfunding round has a minimum raise of $10,000 and a maximum raise of $1,070,000, and the proceeds will be used for business development, salaries, hiring, payroll taxes, marketing, and travel for sales. TrafficGenius is a groundbreaking product helping solve severe traffic problems. It is also working on a potential partnership with a traffic hardware company.
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