Valerann is a technology company.
Valerann has raised $17.0M across 1 funding round.
Valerann has raised $17.0M in total across 1 funding round.
Valerann has raised $17.0M in total across 1 funding round.
Valerann's investors include HG Ventures, Johnson & Johnson Innovation.
Valerann is a London-based technology company specializing in intelligent transportation systems (ITS), developing the Lanternn by Valerann™ platform—a SaaS solution that uses AI, big data, and data fusion to process real-time traffic data from diverse sources like infrastructure, vehicles, and IoT sensors.[1][3][4][5] It serves road authorities, operators, and public-private entities in regions including Europe, the US, UK, Israel, and Latin America, solving key challenges in road traffic management such as reactive responses to incidents, congestion, collision risks, and poor situational awareness by enabling proactive decision-making.[1][2][3] The platform detects events, assesses risks, monitors conditions, and supports safer roads for autonomous vehicles, with customers reporting double-digit reductions in accident rates; Valerann has raised approximately $15-23.72M in funding and secured contracts like a €3.6M European Space Agency deal.[2][3][5]
Founded in 2016 and headquartered at 13 Hawley Crescent in Camden, London (with operations in Tel Aviv), Valerann emerged as a startup focused on transforming roads into "Smart Roads Systems" via end-to-end IoT sensing technologies.[2][3] While specific founders are not detailed in available sources, the company quickly gained traction through international projects in Ireland, Europe, the US, and Latin America, delivering impactful deployments that shifted traffic management from reactive to data-driven.[1][3] Pivotal moments include raising $15M in funding, joining PACTS for UK road safety insights despite non-UK projects, and recent wins like a €1.2M European Space Agency grant with Excelerate for satellite connectivity and a €3.6M contract for AI-satellite road monitoring.[1][2][5]
Valerann rides the intelligent transportation systems (ITS) wave, fueled by AI, IoT, and satellite tech amid rising demands for smart mobility, autonomous vehicles, and sustainable infrastructure.[2][3][5] Timing aligns with global pushes for safer roads—e.g., Europe's space initiatives and US efficiency needs—where market forces like urbanization, congestion, and collision prevention favor data-driven solutions over legacy systems.[1][3] It influences the ecosystem by sharing international insights via networks like PACTS, enabling proactive policies, reducing accidents, and accelerating AV adoption, positioning it as a model for smarter global transport networks.[1]
Valerann is poised for expansion with ESA contracts signaling deeper satellite-AI integration, likely boosting scalability for AV-ready roads and global deployments.[2][5] Trends like edge AI, 5G/6G connectivity, and regulatory safety mandates will propel growth, potentially evolving its influence from operator tool to ecosystem enabler—tying back to its core mission of data-empowered, inherently safer traffic systems.[1][3]
Valerann has raised $17.0M across 1 funding round. Most recently, it raised $17.0M Series A in February 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2022 | $17.0M Series A | HG Ventures, Johnson & Johnson Innovation |