ITC Intelligent Traffic Control Ltd.

www.itc.city

High-Tech Company

TECH VERTICALS

Artificial Intelligence, Computer Vision, Data Analysis, Machine Learning, Mobility Tech, Smart City, Software Technologies, Traffic

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Initial Revenues
Established	2019
Number of Employees	20
Reg. Number:	abCDe

DESCRIPTION

ITC has developed computer vision and AI/machine learning algorithms that predict traffic patterns and prevent traffic congestion before they accumulate, using existing cameras and traffic light infrastructure. Through measurement, prediction and mitigation, the company's software also enforces municipal traffic policies, such as public transport, bicycle and pedestrian prioritization.

TECHNOLOGY

ITC's computer vision algorithm uses off-the-shelf cameras to obtain live traffic data. The company's algorithms are sensitive enough to correctly identify most of the vehicles, buses, ambulances, bikers and pedestrians and detect a range of parameters about these objects' behaviors.

	TARGET MARKETS
	City infrastructure sector.

	BUSINESS MODEL
	B2B

COMPETITORS

Blyncsy , bitsensing , AlgoVision

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Law Firm

REMARKS

Date	Remark
11/07/2019	The founders participated in Google innovation program and made one year of academic research on their algorithms together with Ben-Gurion University.

CONTACT INFO

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Main Address: Tel Aviv, Israel

Address	121 Dvora HaNevi'a St.
City	Tel Aviv
Country	Israel
Zip	6944038

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. Aharon Brauner	CEO & Co-Founder
Mr. Dvir Kenig	CTO & Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	Managing Partner, Champel Capital
abC Defghij	Board Member	Managing Partner, Mobilitech Capital

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

First Round

Nov. 30, 2022

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Round co-leader
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Round co-leader

Seed - Extended

Aug. 01, 2019

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	General Accelerator	abCDe

Seed - Extended

May. 01, 2019

Seed

abCDe

Seed

Mar. 01, 2019

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe	R&D Grant
abC Defghij	Innovation Lab	abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

May. 01, 2024

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

R&D Grant

Jun. 01, 2021

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

R&D Grant

Jun. 01, 2020

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

	Non-Equity Assistance

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Date

Stage

Remarks

Non-Equity Assistance

Jan. 22, 2020

R&D

Contributor	Type	Amount	Remarks
abC Defghij	Corporate Accelerator	abCDe

Non-Equity Assistance

Sep. 01, 2019

R&D

Contributor	Type	Amount	Remarks
abC Defghij	Innovation Lab	abCDe

Last Updated:	abCDe
IVC Number:	abCDe