Intelligent Mechatronic Systems

Waterloo, Canada Founded: 2009 • Age: 17 yrs Acquired By Intelligent Mechatronic Systems
Traffic data is crowd-sourced and analyzed for urban management solutions.

About Intelligent Mechatronic Systems

Intelligent Mechatronic Systems is a Technology company based in Waterloo (Canada) founded in 2009, and was acquired by Intelligent Mechatronic Systems in June 2011. Traffic data is crowd-sourced and analyzed for urban management solutions. It operates in the Technology and Transportation, Automotive & Logistics sectors. The company was acqui-hired. Its focus areas include High Tech, Smart Cities, Smart Mobility and Traffic Management.

Company details

Intelligent Mechatronic Systems was founded in 2009 in Waterloo, Canada, focusing on the transportation and data analytics sector. Real-time traffic data is collected through crowd-sourced cellphone inputs and processed via proprietary analytics software. This information supports city authorities in emergency responses and long-term urban planning. Additionally, a connected car platform named DriveSync is developed for gathering and analyzing vehicle data.

Key Metrics

Funding Insights of Intelligent Mechatronic Systems

  • Total Rounds 2
  • Last Round Grant β€” $544,797
  • First Round $544,797

    (Jun 2008)

  • Investors Count 1

All 2 funding rounds of Intelligent Mechatronic Systems with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2009$544,797Grant––
Jun 2008$544,797Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in Intelligent Mechatronic Systems

Intelligent Mechatronic Systems has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Intelligent Mechatronic Systems and National Science Foundation.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
A government-backed foundation providing seed-stage investments to support small businesses.
1950nsf.govArlington, United States
Telematics solutions for insurance and connected car services are provided.
1999intellimec.comWaterloo, Canada
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Investor details for Intelligent Mechatronic Systems

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of Intelligent Mechatronic Systems

4 dated milestones of Intelligent Mechatronic Systems across 3 years, from founding to its latest funding, stage changes and deals.

  1. Funding First funding round of $545K.
  2. Founded Intelligent Mechatronic Systems is founded.
  3. Funding Latest funding round, Grant, of $545K.
  4. Exit Acquired by Intelligent Mechatronic Systems.
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Frequently Asked Questions about Intelligent Mechatronic Systems

Intelligent Mechatronic Systems was founded in 2009.

Intelligent Mechatronic Systems is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.

Intelligent Mechatronic Systems was founded in 2009 in Waterloo, Canada, focusing on the transportation and data analytics sector. Real-time traffic data is collected through crowd-sourced cellphone inputs and processed via proprietary analytics software. This information supports city authorities in emergency responses and long-term urban planning. Additionally, a connected car platform named DriveSync is developed for gathering and analyzing vehicle data.

Intelligent Mechatronic Systems has 2 investors. Key investors include Intelligent Mechatronic Systems, and National Science Foundation.

Yes. Intelligent Mechatronic Systems was acquired by Intelligent Mechatronic Systems in June 2011.

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