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Streetline has raised $85.0M across 5 funding rounds.
Key people at Streetline.
Streetline has raised $85.0M in total across 5 funding rounds.
Streetline develops sensor-enabled technology for smart parking and urban mobility solutions. The company provides real-time data on parking availability and policy, utilizing advanced sensing technologies to offer a comprehensive parking management platform. This platform supports both mobile and web-based applications, delivering critical insights to improve urban flow and operational efficiency.
Streetline was founded in 2005 by Tod Dykstra. Dykstra, an environmentalist, identified the pervasive problem of parking congestion and its broader impact on urban environments. His insight led to the creation of a system that leverages sensing technologies to dynamically manage parking, aiming to alleviate traffic and enhance city living.
The company primarily serves cities and municipalities globally, providing tools for more efficient urban management. Streetline's vision is to address parking challenges, reduce vehicle emissions, and foster more sustainable and accessible urban spaces. They aim to evolve city infrastructure through intelligent data, making urban parking seamless for both administrators and drivers into the future.
Key people at Streetline.
Streetline is a technology company specializing in smart parking solutions, providing machine learning-powered platforms for real-time parking availability, demand analysis, and management tools for on- and off-street parking.[1][2][4] It serves cities, universities, corporate campuses, enterprises, urban planners, and parking operators by addressing urban parking challenges through cloud-based software, hardware sensors, and an open inference platform built on over 720 million parking events, enabling infrastructure-less sensing and customizable tools without heavy physical deployments.[1][2][4] Founded in 2005 and acquired by Kapsch Group in 2015 via a corporate majority deal, Streetline has raised $84.7M total, with its latest round at around $10M, and maintains operations with over 20 years of expertise across North America and Europe, though post-acquisition growth details are limited.[1][2][3]
Streetline was founded in 2005 in Foster City, California (later associated with Oakland addresses), emerging from the need to innovate parking management amid growing urban congestion and smart city initiatives.[1][2][3] Key figures include Peter, the principal solutions architect with a physics and computer science background from UC Berkeley and expertise in software architecture including a portal technology patent; Scott, Ph.D. from UC Berkeley, who designed communications hardware and sensing tech while overseeing deployments for over 50 customers; and Taso, with 35+ years in parking and transportation, including leadership in USDOT’s Connected Vehicle program and electronic toll systems like E-ZPass.[2] Early traction built through sensor tech and software for real-time data, culminating in the 2015 acquisition by Kapsch Group, which solidified its scale in traffic and parking operations.[1]
Streetline rides the smart cities and IoT wave, capitalizing on urban mobility trends where parking inefficiency contributes to congestion, emissions, and lost revenue—solving these via data-driven tech amid rising demand for sustainable infrastructure.[1][2][5] Timing aligns with post-2010s growth in connected vehicles and AI, as seen in its USDOT ties and evolution from sensors to ML platforms, influencing ecosystems by enabling municipalities and operators to optimize space without massive capex.[2][4][6] It shapes broader adoption by powering policy enforcement and analytics, competing in a fragmented market with players like JustPark and Metropolis, while post-acquisition integration with Kapsch amplifies its reach in traffic management.[1]
Streetline's entrenched ML platform and sensing tech position it for expansion in autonomous vehicle integration and 5G-enabled smart cities, where real-time parking data becomes critical for CAV apps and dynamic urban planning.[2] Trends like AI-driven urban analytics and zero-infrastructure sensing will propel demand, potentially evolving its influence through Kapsch synergies into global mobility platforms, though competition from vision-based rivals like Metropolis could pressure differentiation. As parking morphs into seamless mobility hubs, Streetline's 20-year data moat offers enduring edge in building efficient, data-rich cities.
Streetline has raised $85.0M across 5 funding rounds. Most recently, it raised $10.0M Other Equity in July 2014.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2014 | $10M Venture Round | — | Citi, Fontinalis Partners, Qualcomm Ventures, ABE Yokell, Sutter Hill Ventures, True Ventures | Announced |
| Jun 1, 2014 | $10M Series D | — | Canaan Partners, Congruent Ventures, Mithril Capital Management, Qualcomm Ventures, Sutter Hill Ventures | Announced |
| Jan 1, 2013 | $25M Series C | Puneet Agarwal | Canaan Partners, Congruent Ventures, Mithril Capital Management, Qualcomm Ventures, Sutter Hill Ventures, Citi, Fontinalis Partners, RockPort Capital | Announced |
| Apr 9, 2012 | $25M Debt Financing | Citi | Gerard Mooney | Announced |
| Jun 1, 2011 | $15M Series B | Ralph Booth, Victor Westerlind | Canaan Partners, Congruent Ventures, Mithril Capital Management, Sutter Hill Ventures | Announced |
Streetline has raised $85.0M in total across 5 funding rounds.
Streetline's investors include Citi, Fontinalis Partners, Qualcomm Ventures, Abe Yokell, Sutter Hill Ventures, True Ventures, Canaan Partners, Congruent Ventures, Mithril Capital Management, Puneet Agarwal, RockPort Capital, Gerard Mooney.
