TrafficCast

Madison, United States Founded: 1999 • Age: 27 yrs Acquired By Iteris
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About TrafficCast

TrafficCast is a company based in Madison (United States) founded in 1999 was acquired by Iteris in December 2020.. TrafficCast has raised $3.75 million across 2 funding rounds from investors including Iteris, Ceres Venture Fund and NEW Capital Fund. The company has 39 employees as of December 31, 2022. TrafficCast has completed 1 acquisition, including Traffax. TrafficCast operates in a competitive market with competitors including Inrix, Anagog, Miovision, Worldsensing and Remix, among others.

  • Headquarter Madison, United States
  • Employees 39 as on 31 Dec, 2022
  • Sectors
    Transportation, Automotive & Logistics
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Trafficcast International, Inc.
Operational Areas
Transportation, Automotive & Logistics → Road Transportation & Transit Systems
Technology → Internet of Things (IoT) & Connectivity
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.75 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.5 M (USD), Series A

    Jan 23, 2008

  • Investors
    Iteris

    & 4 more

  • Employee Count
    39

    as on Dec 31, 2022

  • Investments & Acquisitions
  • Acquired by
    Iteris

    (Dec 07, 2020)

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Funding Insights of TrafficCast

TrafficCast has successfully raised a total of $3.75M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in January 2008. 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
  • Total Rounds 2
  • Last Round Series A — $3.5M
  • First Round

    (01 Jan 2007)

  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2008 Amount Series A - TrafficCast Valuation

investors

Jan, 2007 Amount Unspecified - TrafficCast Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TrafficCast

TrafficCast has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Iteris, Ceres Venture Fund and NEW Capital Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TrafficCast

TrafficCast has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Traffax. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Bluetooth-based traffic sensors are manufactured by Traffax for traffic monitoring.
2009
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - TrafficCast

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Trafficcast Comparisons

Employees
+
Add Comparison
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Competitors of TrafficCast

TrafficCast operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Inrix, Anagog, Miovision, Worldsensing and Remix, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Real-time, historical, and predictive traffic data solutions are provided.
domain founded_year HQ Location
Cloud-based AI analyzes smartphone sensors for mobility insights.
domain founded_year HQ Location
Traffic data collection and management solutions are provided.
domain founded_year HQ Location
Provider of cloud-driven IoT-based real-time traffic monitoring & analytics solution
domain founded_year HQ Location
Remix is focused on providing transit planning and scheduling software.
domain founded_year HQ Location
Transportation analytics solutions are provided via a data platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Trafficcast

Frequently Asked Questions about TrafficCast

When was TrafficCast founded?

TrafficCast was founded in 1999 and raised its 1st funding round 8 years after it was founded.

Where is TrafficCast located?

TrafficCast is headquartered in Madison, United States. It is registered at Madison, Wisconsin, United States.

Is TrafficCast a funded company?

TrafficCast is a funded company, having raised a total of $3.75M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $250K, raised on Jan 01, 2007.

How many employees does TrafficCast have?

As of Dec 31, 2022, the latest employee count at TrafficCast is 39.

What does TrafficCast do?

Founded in 1999 and based in Madison, United States, TrafficCast operates in the traffic data analytics sector. Real-time data from over 450,000 miles of U.S. roadways is analyzed using accident reports, weather conditions, road sensors, and GPS. Travel time forecasting and traffic information are delivered through technologies and applications. A partnership with TomTom NV was established in 2009 to supply traffic, weather, and fuel price data for navigation devices.

Who are the top competitors of TrafficCast?

TrafficCast's top competitors include Inrix, Worldsensing and Anagog.

How many acquisitions has TrafficCast made?

TrafficCast has made 1 acquisition, including Traffax.

Who are TrafficCast's investors?

TrafficCast has 5 investors. Key investors include Iteris, Ceres Venture Fund, NEW Capital Fund, Phenomenelle Angels Fund, and Women Angels.

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