Loading organizations...

§ Private Profile · Palo Alto, CA, USA
Waycare is a technology company.
Waycare develops a sophisticated platform for proactive traffic management, leveraging multi-source data and artificial intelligence to predict congestion, optimize traffic flow, and assist first responders. Its technology processes real-time information from diverse urban systems to identify potential hazards and optimize operational responses, enhancing overall road safety and efficiency. This integrated approach allows municipalities to transition from reactive problem-solving to predictive incident management.
The company was founded in 2016 by Idan Hahn and Shai Suzan. Hahn, serving as Co-Founder and CTO, along with Suzan, who held roles as Co-Founder, CIO, and PM, conceived Waycare from the insight that predictive analytics could fundamentally transform urban mobility and incident response. They aimed to harness complex data streams to proactively address critical transportation challenges, building a system that could anticipate rather than merely react to road conditions.
Waycare’s platform primarily serves traffic management agencies and emergency services, equipping them with advanced tools to mitigate hazards and improve operational responsiveness. The company's long-term vision centers on shaping the future of intelligent infrastructure by creating smarter, safer, and more efficient urban environments. By continuously refining its data insights, Waycare strives to build a more resilient and responsive transportation ecosystem for cities.
Waycare has raised $9.0M across 2 funding rounds.
Waycare has raised $9.0M in total across 2 funding rounds.
Waycare has raised $9.0M in total across 2 funding rounds.
Waycare's investors include Daniel Geballe, Heavybit, Lightspeed Venture Partners, SignalFire, TSVC Capital, Webb Investment Network, Goldbell, innogy, janom, Next Gear Ventures, Spider Capital, UpWest.
Waycare has raised $9.0M across 2 funding rounds. Most recently, it raised $7.0M Series A in October 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2019 | $7M Series A | Daniel Geballe | Heavybit, Lightspeed Venture Partners, SignalFire, Tsvc Capital, Webb Investment Network, Goldbell, Innogy, Janom, Next Gear Ventures, Spider Capital, UpWest, Zymestic Solutions | Announced |
| Oct 1, 2017 | $2M Seed | Innogy, Michael Neril | Heavybit, Lightspeed Venture Partners, SignalFire, Tsvc Capital, Webb Investment Network, Goldbell, Janom, SeedInvest, UpWest, Zymestic Solutions | Announced |
Waycare is a cloud‑based, AI-driven traffic-management and predictive analytics company that builds a platform to help transportation agencies and cities reduce crashes, manage incidents, and optimize traffic operations; it was founded in 2016 and was acquired by Rekor Systems in 2021, becoming part of Rekor’s smart‑cities portfolio.[1][4]
High‑Level Overview
Origin Story
Core Differentiators
Role in the Broader Tech Landscape
Quick Take & Future Outlook
Quick reiteration: Waycare is an AI‑first traffic management platform (founded 2016) that proved early safety impact with DOTs, and after its 2021 acquisition by Rekor, its technology now scales within a larger intelligent‑infrastructure product suite to accelerate predictive, data‑driven traffic management for cities and states.[1][2][4]