
Neology
About Neology
Neology is a Transportation, Automotive & Logistics company, and was acquired by One Equity Partners in September 2017. Neology is engaged in providing mobility and tolling solutions. It operates on a Managed Services and Mobility-as-a-Service model. Neology has raised $50 million across 1 funding round from investors including One Equity Partners, Smartrac and aindaei.com. Neology offers products and services including Electronic Toll Collection Systems, Transportation Operations & Maintenance, Enforcement Technology, Integrated Mobility Platform, and neoRide Mobile Payments. Its focus areas include Technology, Transportation Technology and Tolling and Mobility Solutions. Its legal entity is Neology, Inc.
Company details
Neology is involved in delivering advanced mobility and tolling solutions. The company operates in the transportation technology sector, focusing on electronic toll collection, enforcement technology, and integrated mobility platforms. Solutions are designed to enhance sustainability, improve safety, and increase revenue for transportation agencies. Services include operations and maintenance support, mobile payment applications like neoRide, and AI-powered adaptive systems. Neology serves local and state agencies globally with a commitment to operational efficiency and customer service.
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Website neology.com
- Social LinkedIn X
- Acquired by One Equity Partners (Sep 2017)
- Legal Name Neology, Inc
- Total Equity Funding$50M (USD)
in 1 rounds
- Latest Funding Round$50M (USD), Series C
Dec 2021
- InvestorsOne Equity Partners
& 2 more
- Acquired by
Products & Services of Neology
Neology offers a comprehensive portfolio of products and services, including Electronic Toll Collection Systems, Transportation Operations & Maintenance, Enforcement Technology, Integrated Mobility Platform, and neoRide Mobile Payments.
End-to-end toll systems are provided for seamless operations.
Reliable maintenance services are offered to transportation agencies.
Vehicle enforcement solutions are delivered to improve safety.
AI-powered mobility solutions are provided with lifecycle support.
Mobile payment services are offered for tolls and parking.
Funding Insights of Neology
Neology has successfully raised a total of $50M through 1 strategic funding round. The most recent funding activity was a Series C round of $50 million completed in December 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $50M
- Total Rounds 1
- Last Round Series C β $50M
- First Round $50M
(Dec 2021)
- Investors Count 1
All 1 funding rounds of Neology with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $50M | Series C | β | aindaei.com | β |
3 investors in total: 3 institutional.
Investors in Neology
Neology has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include One Equity Partners, Smartrac and aindaei.com.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are made in North America and Europe. | 2001 | oneequity.com | New York, United States | |
| aindaei.com | ||||
Provider of RFID and NFC tags for IoT applications | 2000 | smartrac-group.com | Leinfelden Echterdingen, Germany |
Investor details for Neology
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 Neology
3 dated milestones of Neology across 10 years, from founding to its latest funding, stage changes and deals.
- Exit Acquired by Smartrac.
- Exit Acquired by One Equity Partners.
- Funding First funding round of $50.0M.
Web traffic of Neology
The website of Neology (neology.com) receives about 2.9K visits a month.
- Monthly visits2.9K
▼ 27% vs previous month
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Related news about Neology
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Frequently Asked Questions about Neology
Neology is a funded company, having raised a total of $50M across 1 funding round to date. The company's 1st funding round was a Series C of $50M, raised on Dec 2021.
Neology is involved in delivering advanced mobility and tolling solutions. The company operates in the transportation technology sector, focusing on electronic toll collection, enforcement technology, and integrated mobility platforms. Solutions are designed to enhance sustainability, improve safety, and increase revenue for transportation agencies. Services include operations and maintenance support, mobile payment applications like neoRide, and AI-powered adaptive systems. Neology serves local and state agencies globally with a commitment to operational efficiency and customer service.
Neology offers Electronic Toll Collection Systems, Transportation Operations & Maintenance, Enforcement Technology, Integrated Mobility Platform, and neoRide Mobile Payments.
Neology has 3 investors. Key investors include One Equity Partners, Smartrac, and aindaei.com.
Neology operates through Neology, Inc.
Yes. Neology was acquired by One Equity Partners in September 2017.
